Greenlight Capital RE, Ltd. (GLRE) Financial — Reinsurance recoverable on unpaid claims

Screener

Other product segments

Multiline

182,180,900,000%+474%

Casualty

42,393,000,000%+431%

Health

16,767,700,000%+251%

Specialty

15,117,500,000%+598%

Property

11,730,900,000%+161%

Similar metrics at other companies

NMIHFinancial Guarantee Insurance Product Line — Reinsurance recoverable on unpaid claims

$38.58M+19.6%

NMIHFinancial Guarantee Insurance Product Line — Cumulative Paid Claims and Claims Adjustment Expenses, net of Reinsurance

$48.35M+979%

ALLAuto insurance - liability coverage — Cumulative paid claims and allocated claims adjustment expenses, net of recoverables

$50.02B+351%

ACTDomestic mortgage insurance — Cumulated paid claims and allocated claim adjustment expenses, net of reinsurance

$431.37M+230%

PRA

PRAWorkers' Compensation Insurance — Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance

$935.42M+705%

AXSInsurance — Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance

$4.48B+587%

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:ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet.

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

Accident year	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2016	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2017	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2018	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2019	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2020	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2021	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2022	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2023	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2024	Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance / For the years ended December 31, 2025
	(Unaudited - Supplementary Information)
2016	$3,197	$12,014	$23,955	$34,689	$47,181	$55,056	$65,079	$71,473	$78,702	$84,048
2017		5,361	16,141	25,996	38,982	50,107	60,805	69,502	79,079	85,830
2018			4,992	12,538	19,312	26,549	30,541	35,213	40,999	45,021
2019				6,235	15,324	21,675	25,521	29,197	32,612	36,315
2020					11,443	24,107	33,374	40,088	44,504	47,379
2021						23,210	43,058	54,643	61,315	65,441
2022							9,258	17,623	25,251	32,618

Item 15. Exhibit Index

FAQ

What is Greenlight Capital RE, Ltd.'s financial — reinsurance recoverable on unpaid claims?: Greenlight Capital RE, Ltd. (GLRE) reported financial — reinsurance recoverable on unpaid claims of 8,850,000,000% in Q4 2025.
How has Greenlight Capital RE, Ltd.'s financial — reinsurance recoverable on unpaid claims changed year-over-year?: Greenlight Capital RE, Ltd.'s financial — reinsurance recoverable on unpaid claims increased by 470.3% year-over-year, from 1,551,900,000% to 8,850,000,000%.
What does financial — reinsurance recoverable on unpaid claims mean?: This represents the portion of unpaid claims and claim adjustment expenses that the company expects to recover from its own reinsurance partners. It highlights the company's credit exposure to reinsurers and the effectiveness of its risk-transfer strategy. High levels of recoverables indicate significant reliance on third-party capital to offset underwriting losses.