NEWS & MEDIA

March 8, 2023

Earnings & Results

Greenlight Re Announces Fourth Quarter and Year-Ended December 31, 2022 Financial Results

Net income for the quarter of $34.8 million;
Fully diluted book value per share increased 7.7% in the quarter to $14.59
GRAND CAYMAN, Cayman Islands – March 8, 2023 – Greenlight Capital Re, Ltd. (NASDAQ:
GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the fourth quarter and
year ended December 31, 2022. The results included:

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