Press Releases

/Press Releases

Greenlight Re Releases Third Quarter 2018 Results

2018-11-05T16:29:43+00:00

GRAND CAYMAN, Cayman Islands - November 5, 2018 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the third quarter ended September 30, 2018. Greenlight Re reported a net loss of $89.1 million for the third quarter of 2018, compared to net income of $19.9 million for the same period in 2017. The loss was primarily driven by a net investment loss during the period as well as an underwriting loss as a result of estimated losses from Hurricane Florence. The net loss per share for the third quarter of 2018 was [...]

Greenlight Re Releases Third Quarter 2018 Results 2018-11-05T16:29:43+00:00

Greenlight Re to Release Third Quarter 2018 Results

2018-11-29T09:24:03+00:00

GRAND CAYMAN, Cayman Islands - October 23, 2018 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the third quarter ended September 30, 2018 after the market closes on Monday, November 5, 2018. A live conference call to discuss the financial results will be held on Tuesday, November 6, 2018 at 9:00 a.m. Eastern time. Click here to read in full

Greenlight Re to Release Third Quarter 2018 Results 2018-11-29T09:24:03+00:00

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES INVESTMENT IN DIGITAL INSURANCE PROCESSING PLATFORM CLICK2SURE

2018-11-29T09:23:58+00:00

GRAND CAYMAN, Cayman Islands – October 17, 2018 – Greenlight Re Innovations, part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced it has invested in the digital insurance platform, Click2Sure. Read more here

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES INVESTMENT IN DIGITAL INSURANCE PROCESSING PLATFORM CLICK2SURE 2018-11-29T09:23:58+00:00

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES STRATEGIC INVESTMENT IN HEALTHCARE THIRD PARTY ADMINISTRATOR SANA BENEFITS

2018-11-29T09:23:53+00:00

GRAND CAYMAN, Cayman Islands – October 5th, 2018 – Greenlight Re Innovations, part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced it has invested in Sana Benefits, an Austin-based third party administrator (TPA) focused on the rapidly growing self-insured health market in the United States. Read more here

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES STRATEGIC INVESTMENT IN HEALTHCARE THIRD PARTY ADMINISTRATOR SANA BENEFITS 2018-11-29T09:23:53+00:00

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES STRATEGIC INVESTMENT IN BLOCKCHAIN BUSINESS GALILEO PLATFORMS

2018-11-29T09:23:49+00:00

GRAND CAYMAN, Cayman Islands – September 28, 2018 – Greenlight Re Innovations, part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced it has made a strategic investment in Galileo Platforms, a Hong Kong-based insurance and reinsurance Platform as a Service (PAAS) business which is focused on emerging markets in Asia. Read more here

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES STRATEGIC INVESTMENT IN BLOCKCHAIN BUSINESS GALILEO PLATFORMS 2018-11-29T09:23:49+00:00

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES PRICING OF $100 MILLION CONVERTIBLE NOTES OFFERING AND SHARE REPURCHASES

2018-11-29T09:23:43+00:00

GRAND CAYMAN, Cayman Islands — August 2, 2018 — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the “Company” or “Greenlight Re”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it has priced its previously announced private offering of $100,000,000 in aggregate principal amount of its Convertible Senior Notes due 2023 with a coupon of 4.00% per year (the “Notes”). The Notes will be convertible, upon the satisfaction of certain conditions and during certain time periods, at a conversion rate of 58.1818 of the Company’s Class A ordinary shares, subject to adjustment. Upon conversion, the [...]

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES PRICING OF $100 MILLION CONVERTIBLE NOTES OFFERING AND SHARE REPURCHASES 2018-11-29T09:23:43+00:00

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES PROPOSED $100 MILLION OFFERING OF CONVERTIBLE NOTES

2018-11-29T09:23:37+00:00

GRAND CAYMAN, Cayman Islands — August 2, 2018 — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the “Company” of “Greenlight Re”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it proposes to offer, subject to market conditions and other factors, $100,000,000 in aggregate principal amount of its Convertible Senior Notes due 2023 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to grant the initial purchasers of the Notes a 30-day option to purchase up to [...]

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES PROPOSED $100 MILLION OFFERING OF CONVERTIBLE NOTES 2018-11-29T09:23:37+00:00

Greenlight Re Releases Second Quarter 2018 Results

2018-11-29T09:23:26+00:00

GRAND CAYMAN, Cayman Islands - July 31, 2018 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the second quarter ended June 30, 2018. Greenlight Re reported a net loss of $37.4 million for the second quarter of 2018, compared to a net loss of $35.5 million for the same period in 2017. The loss was primarily driven by a net investment loss during the period, partially offset by stronger underwriting performance. The net loss per share for the second quarter of 2018 was $1.01, compared to a net loss per share of $0.96 for the same [...]

Greenlight Re Releases Second Quarter 2018 Results 2018-11-29T09:23:26+00:00

Greenlight Re Announces Resignation of Michael Belfatti as Chief Operating Officer

2018-11-29T09:23:13+00:00

GRAND CAYMAN, Cayman Islands - July 20, 2018 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that Michael Belfatti is stepping down as Chief Operating Officer of the Company effective as of September 1, 2018 for personal reasons. Click here to read in full

Greenlight Re Announces Resignation of Michael Belfatti as Chief Operating Officer 2018-11-29T09:23:13+00:00

Greenlight Re provides accurate information in response to erroneous research report

2018-05-30T18:58:25+00:00

GRAND CAYMAN, Cayman Islands – May 30, 2018 - Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the “Company” or “Greenlight Re”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today addressed inaccurate statements in a report published by Sunesis Capital (the “Report”). Click here to read in full

Greenlight Re provides accurate information in response to erroneous research report 2018-05-30T18:58:25+00:00