NEWS & MEDIA

February 22, 2016

Earnings & Results

Greenlight Re Announces Fourth Quarter and Year-End 2015 Financial Results

GRAND CAYMAN, Cayman Islands – February 22, 2016 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the fourth quarter and year ended December 31, 2015. Greenlight Re reported a net loss of $43.1 million for the fourth quarter of 2015, compared to net income of $60.7 million for the same period in 2014. The net loss per share for the fourth quarter of 2015 was $1.17, compared to fully diluted net income per share of $1.60 for the same period in 2014.

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