)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Greenlight Capital Re
Greenlight Capital Re (GLRE) investor relations material
Greenlight Capital Re Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary10 Mar, 2026
Executive summary
Achieved record full-year underwriting income of $35.7 million in 2025, with a combined ratio of 94.6% for the year and 92.1% in Q4 2025.
Net income for Q4 2025 was $49.3 million, and for the full year, $74.8 million, up from $42.8 million in 2024.
Fully diluted book value per share rose 8.1% in Q4 and 13.8% year-over-year to $20.43.
Gross premiums written increased to $773.3 million in 2025, up from $698.3 million in 2024, with Q4 premiums up 12%.
Q4 marked the 10th profitable underwriting quarter out of the last 12, reflecting effective strategy execution.
Financial highlights
Q4 2025 net underwriting profit was $13 million, with a combined ratio of 92.1%.
Investment return from Solasglas was $36 million (7.9% gain) in Q4; total Q4 investment income was $44.8 million, up from $2.6 million in Q4 2024.
Return on equity rose to 11.1% for 2025 from 7.0% in 2024.
Debt leverage ratio reduced from 9.5% to 0.7% during 2025; total shareholders’ equity reached $708 million at year-end.
Repurchased $9.8 million in shares during 2025, including $2.8 million in Q4.
Outlook and guidance
Optimistic about 2026 opportunities and positioning, with a focus on underwriting excellence, diversified risk profile, and disciplined growth in the Innovations segment.
Continued emphasis on long-term book value growth and value-oriented investment strategy.
Innovations portfolio expected to grow, with expense ratio normalizing as scale increases.
Drivers of Innovations segment expense ratio
Macro factors driving Solasglas performance
Sources of unfavorable prior year development
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Greenlight Capital Re
- Premiums up 9.1% but net income fell on storm losses and lower investment returns.GLRE
Q2 20242 Feb 2026 - Q3 net income surged to $35.2M, book value per share rose, but underwriting margins narrowed.GLREQ3 202416 Jan 2026
- Profitability, innovation, and diversification drive sustained growth and reduced risk.GLREInvestor Day 202413 Jan 2026
- Q4 loss from CAT and aviation reserves, but 2024 ended with higher book value and net income.GLREQ4 202426 Dec 2025
- Global specialty reinsurer files shelf registration for flexible multi-security offerings.GLRERegistration Filing16 Dec 2025
- Registering up to $200M in securities to fund growth, leveraging Lloyd’s access and strong ratings.GLRERegistration Filing16 Dec 2025
- Global specialty reinsurer seeks to raise up to $200 million via a flexible shelf registration.GLRERegistration Filing16 Dec 2025
- Annual meeting to elect directors, ratify auditors, and approve executive pay amid strong 2024 results.GLREProxy Filing2 Dec 2025
- Annual meeting to vote on directors, auditor ratification, and executive pay July 29, 2025.GLREProxy Filing2 Dec 2025
Next Greenlight Capital Re earnings date
Q1 20267 May, 2026
Greenlight Capital Re
Next Greenlight Capital Re earnings date
Q1 20267 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Greenlight Capital Re Ltd. is a specialty reinsurance company that provides customized reinsurance solutions to insurance companies globally. The company operates in both the property and casualty sectors, offering risk management and reinsurance coverage to clients across various industries. Greenlight Re focuses on underwriting profitability while employing an investment strategy driven by its association with hedge fund manager David Einhorn's Greenlight Capital, aiming for superior risk-adjusted returns on both its insurance and investment portfolios. The company is headquartered in Grand Cayman, Cayman Islands, and its shares are listed on the Nasdaq.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage