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Greenlight Capital RE, Ltd. GLRE Innovations — Large Event Losses

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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

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Net margin11.5%
FCF margin-46.7%

Returns & leverage

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

Where this comes from

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

Tagged under the XBRL concept glre:LargeEventLosses.

The source filing: Greenlight Capital RE, Ltd.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001385613-26-000062
Three months ended March 31, 2026:Open MarketInnovationsCorporateTotal Consolidated
Additional information:
Net loss and LAE incurred:
Attritional losses$(69,505)$(15,568)$1$(85,072)
Large event losses(3,572)(3,572)
CAT event losses(5,000)(5,000)
Prior year favorable (adverse) loss development2,847(358)2,489
Total net loss and LAE incurred$(75,230)$(15,926)$1$(91,155)
Total allocated assets (1)$507,804$172,625$1,588,843$2,269,272

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Greenlight Capital RE, Ltd.'s innovations — large event losses?
Greenlight Capital RE, Ltd. (GLRE) reported innovations — large event losses of $0 in Q1 2026.
What does innovations — large event losses mean?
Captures the financial impact of significant, non-catastrophic insurance events that exceed standard attritional loss thresholds. Monitoring this metric helps assess the segment's exposure to volatility from individual large-scale claims.

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