What is Greenlight Capital RE, Ltd.'s financial — year 1?

Greenlight Capital RE, Ltd. (GLRE) reported financial — year 1 of 28% in Q4 2025.

What does financial — year 1 mean?

This metric represents the claims development or liability exposure specifically attributed to the first year of the underwriting cycle. It is used to track the initial loss emergence patterns and the accuracy of early-stage actuarial estimates. Analyzing this helps investors understand the immediate impact of new business on the company's reserve position.

Greenlight Capital RE, Ltd. (GLRE) Financial — Year 1

Screener

Other product segments

Health

114.6%0.0%

Multiline

90.2%-4.4%

Property

48.1%-2.4%

Specialty

26.6%-30.0%

Casualty

23.2%-1.7%

Similar metrics at other companies

NMIHFinancial Guarantee Insurance Product Line — Year 1

3%0.0pp

CNASurety — Year 1

15.2%-2.1pp

UFCSPersonal — Year 1

51.3%-3.8pp

HGTYAuto — Year 1

62%+0.7pp

KMPRHomeowners — Year 1

67.5%+0.5pp

KGInternational — Year 1

41.8%—

Other financials

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

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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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne.

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 financial — year 1?: Greenlight Capital RE, Ltd. (GLRE) reported financial — year 1 of 28% in Q4 2025.
What does financial — year 1 mean?: This metric represents the claims development or liability exposure specifically attributed to the first year of the underwriting cycle. It is used to track the initial loss emergence patterns and the accuracy of early-stage actuarial estimates. Analyzing this helps investors understand the immediate impact of new business on the company's reserve position.