What is Greenlight Capital RE, Ltd.'s health — year 3?

Greenlight Capital RE, Ltd. (GLRE) reported health — year 3 of 2.4% in Q4 2025.

What does health — year 3 mean?

Represents the cumulative claims development or loss experience for the health segment during the third year following the inception of the policy year. By this stage, a significant portion of claims are typically settled, providing a clearer view of the ultimate loss ratio for that cohort. It serves as a benchmark for long-term underwriting performance.

Greenlight Capital RE, Ltd. GLRE Health — Year 3

Other product segments

Financial

46.4%-8.7%

Specialty

43%+6.4%

Casualty

29.8%+2.8%

Multiline

23%+17.3%

Property

8.8%+3.5%

Similar metrics at other companies

AXSInsurance — Year 3

15.3%—

METProtection Health — Short-duration Insurance Contracts, Historical Claims Duration, Year Three

1.1%+0.2pp

SPNTProperty Other — Year 3

41.4%+12.0pp

SPNTOther Specialties — Year 3

56.1%+29.8pp

HIGProperty Insurance — 3rd Year

9.4%-0.1pp

UFCSPersonal — Year 3

13.8%+7.6pp

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$533.32M+7.2%

Enterprise value-$72.18M-15.4%

P/E6.6×—

P/S0.8×+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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree.

The official record: Greenlight Capital RE, Ltd.’s 10-K, filed March 9, 2026, on SEC EDGAR. View the filing →

Ask your AI about Greenlight Capital RE, Ltd.'s health — year 3.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Greenlight Capital RE, Ltd.'s health — year 3?: Greenlight Capital RE, Ltd. (GLRE) reported health — year 3 of 2.4% in Q4 2025.
What does health — year 3 mean?: Represents the cumulative claims development or loss experience for the health segment during the third year following the inception of the policy year. By this stage, a significant portion of claims are typically settled, providing a clearer view of the ultimate loss ratio for that cohort. It serves as a benchmark for long-term underwriting performance.