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Greenlight Capital RE, Ltd.

GLRE

Greenlight Capital Re, Ltd. is a global specialty property and casualty reinsurer that utilizes a dual-strategy approach combining underwriting with a non-traditional investment philosophy.

Market cap
$570.13M+27.0%
Revenue$706.1M-1.7%
Net income$81.0M-18.9%
EPS (diluted)$2.36-18.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$163.4M
EPS estimate-$0.35

Financials

Q1 2026

Income statement

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Revenue$189.7M-11.1%
Net income$35.8M+20.7%
EPS (diluted)$1.05+22.1%

Balance sheet

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Cash & equivalents$610.2M-5.1%
Total debt$4.7M-92.1%
Total equity$741.2M+11.2%
Total assets$2.3B+5.4%

Cash flow

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Operating cash flow$37.2M+259%

Valuation & ratios

Valuation

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Market cap$570.13M+27.0%
Enterprise value-$35.37M-75.1%
P/E
P/S0.8×+0.2×

Profitability

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Net margin11.5%

Returns & leverage

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Return on equity11.5%
Debt / equity-0.1×

Competitors

Profile

Greenlight Capital Re, Ltd. is a global specialty property and casualty reinsurer that utilizes a dual-strategy approach combining underwriting with a non-traditional investment philosophy. The company provides risk management solutions through its licensed subsidiaries in the Cayman Islands and Ireland, as well as its Lloyd’s platform, Syndicate 3456. Its core value proposition involves leveraging a value-oriented investment strategy to achieve higher long-term returns compared to traditional fixed-income-focused reinsurers.

Competitive position

A specialty player that differentiates itself through a high-conviction, equity-heavy investment strategy and a dedicated focus on the insurtech innovation ecosystem.

GeographiesCayman Islands, Ireland, United Kingdom, Global
Customer segmentsInsurance Companies, Insurtech Startups, Managing General Agents
Business modelB2B, Risk Underwriting, Investment Management
SuppliersInvestment Advisory Services, Actuarial Data Providers, Capital Markets, Cloud Infrastructure Providers
CustomersPrimary Insurers, Reinsurance Brokers, Insurtech MGAs
Listed2007
Employees64.0
CEOGreg Richardson
FilingsSEC EDGAR

Questions, answered.

What is Greenlight Capital RE, Ltd.'s market cap?
Greenlight Capital RE, Ltd. (GLRE) has a market capitalization of $570.1M and trades on NASDAQ.
What is Greenlight Capital RE, Ltd.'s revenue and profitability?
Greenlight Capital RE, Ltd. generated $706.1M in trailing twelve-month revenue with net income of $81.0M, representing a net margin of 11.5%. These figures are based on the Q1 2026 filing.
Who are Greenlight Capital RE, Ltd.'s competitors?
Greenlight Capital RE, Ltd.'s key competitors include SiriusPoint Ltd., Everest Group, Ltd., RenaissanceRe Holdings Ltd., and others. These companies compete in similar markets and product categories.
Who does Greenlight Capital RE, Ltd. partner with?
Greenlight Capital RE, Ltd.'s notable partners include DME Advisors, LP, Aon plc, Marsh & McLennan, and others.
What subsidiaries does Greenlight Capital RE, Ltd. have?
Greenlight Capital RE, Ltd.'s subsidiaries include Greenlight Reinsurance, Ltd., Greenlight Reinsurance Ireland, Designated Activity Company, Greenlight Innovation Syndicate 3456, and others.
Where is Greenlight Capital RE, Ltd. headquartered?
Greenlight Capital RE, Ltd. is headquartered in Cayman Islands and employs approximately 64 people. It has been publicly traded since 2007.