What is Greenlight Capital RE, Ltd.'s casualty — year 5?

Greenlight Capital RE, Ltd. (GLRE) reported casualty — year 5 of 22.2% in Q4 2025.

What does casualty — year 5 mean?

This metric represents the development of casualty claims at the five-year maturity mark, which is often considered a significant milestone for long-tail casualty lines. It provides a comprehensive view of the ultimate loss experience for older underwriting years. Investors use this to gauge the long-term profitability and reserve adequacy of the casualty segment.

Greenlight Capital RE, Ltd. (GLRE) Casualty — Year 5

Screener

Other product segments

Financial

23%+82.5%

Specialty

17.6%+23.9%

Property

3%+7.1%

Multiline

1.6%0.0%

Health

0%—

Similar metrics at other companies

SPNTCasualty — Year 5

18.2%-35.0pp

AFGProperty and casualty insurance — Year 5

9.4%-3.7pp

CNASurety — Year 5

6.3%+2.4pp

UFCSPersonal — Year 5

0.6%-0.2pp

HGTYAuto — Year 5

1.7%-0.1pp

KMPRHomeowners — Year 5

98.8%-0.5pp

Other financials

Income statement

See full

Revenue$189.7M-11.1%

Net income$35.8M+20.7%

EPS (diluted)$1.05+22.1%

Balance sheet

See full

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

See full

Operating cash flow$37.2M+259%

Valuation

See full

Market cap$501.04M+12.7%

Enterprise value-$104.46M-32.9%

P/E6.2×—

P/S0.7×+0.1×

Profitability

See full

Net margin11.5%—

FCF margin-46.7%—

Returns & leverage

See full

Return on equity11.5%—

Debt / equity0×-0.1×

Where this comes from

Reported directly by Greenlight Capital RE, Ltd. in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive.

The source filing: Greenlight Capital RE, Ltd.’s 10-K, filed March 9, 2026.

Filed: Mar 9, 2026, 4:40 PM EDT
Fiscal year: FY2025
Accession: 0001385613-26-000010

Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
11.6%	17.0%	14.9%	11.9%	11.1%	12.3%	7.0%	4.4%	3.7%	6.1%

Item 15. Exhibit Index

FAQ

What is Greenlight Capital RE, Ltd.'s casualty — year 5?: Greenlight Capital RE, Ltd. (GLRE) reported casualty — year 5 of 22.2% in Q4 2025.
What does casualty — year 5 mean?: This metric represents the development of casualty claims at the five-year maturity mark, which is often considered a significant milestone for long-tail casualty lines. It provides a comprehensive view of the ultimate loss experience for older underwriting years. Investors use this to gauge the long-term profitability and reserve adequacy of the casualty segment.