GLRE GREENLIGHT CAPITAL RE, LTD. - 10-Q - (2025-11-03)

GLRE Q3 2025 TL;DR Summary

Financial Performance & Profitability Greenlight Capital Re swung to a Q3 net loss of $4.4M (EPS: \((0.13)\)), contrasting sharply with a \(35.2M income last year. Year-to-date (9M 2025) net income fell to \)25.6M from \(70.2M in 2024. This decline stems entirely from volatile investment results, as operating cash flow improved to \)110.0M. Total Assets stand at \(2.13B, with Shareholders' Equity increasing to \)658.9M.

Underwriting and Reserves Underwriting performance strengthened significantly: Q3 Net Underwriting Income rose to $22.3M (Combined Ratio 86

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