Greenlight Capital Re, Ltd. Class A (GLRE)

Greenlight Capital Re Ltd.'s stock price has fluctuated, closing at $12.22 on October 27, 2025. Q2 2025 saw a decrease in net income due to investment losses, though underwriting performance improved and gross premiums written increased. The company returned $5 million to shareholders through buybacks. Q1 2025 had a net underwriting loss due to reserve strengthening and catastrophe losses, but total investment income and net income increased.

The demand for Greenlight Capital Re Ltd.'s reinsurance products is influenced by primary insurers' results, economic conditions, and loss frequency, with natural disasters impacting demand and exhibiting seasonal patterns like the Atlantic hurricane season. Historically, October has shown a tendency to favor a short bias for GLRE's stock. The reinsurance market experiences growth due to increasing insurance risk complexity, leading to multiyear agreements.

Greenlight Capital Re Ltd. operates as a global specialty property and casualty reinsurance company in the Insurance - Reinsurance industry. It offers property reinsurance products like automobile liability and casualty reinsurance offerings such as general liability. The company also provides specialty products and distributes them through reinsurance brokers, with an innovations segment for startup companies and MGAs.

Greenlight Capital Re Ltd. is headquartered in Grand Cayman, operating through Greenlight Re in Grand Cayman and Greenlight Reinsurance Ireland in Dublin, focusing on the European broker market. It also has a UK presence through Greenlight Re Marketing (UK) Limited and Syndicate 3456 to expand in the Lloyd's of London market, operating as a worldwide property and casualty reinsurance company.

There is no specific information available regarding events that have negatively impacted Greenlight Capital Re Ltd.'s brand reputation in the past year. Events related to the affiliated hedge fund, Greenlight Capital, such as a lawsuit and a fine for insider trading, are not directly related to GLRE's reinsurance operations within the specified period.

Greenlight Capital Re Ltd. has significant institutional ownership, with 257 institutional owners holding 20,191,136 shares. Major shareholders include BlackRock, Inc., Dimensional Fund Advisors Lp, and Morgan Stanley. David Einhorn, founder of Greenlight Capital, is a significant individual shareholder and Chairman of the Board. DME 2022 Holdings, Llc was noted as the largest shareholder with 14% of shares outstanding as of November 2024.