What does innovations — unearned premiums mean?

This metric represents the portion of written insurance premiums that have not yet been earned by the company as of the reporting date. It reflects the company's obligation to provide coverage for the remainder of the policy term and serves as a key indicator of future revenue recognition and potential liability.

Greenlight Capital RE, Ltd. (GLRE) Innovations — Unearned premiums

Screener

Other segment segments

Open Market

$313.92M+8.1%

Similar metrics at other companies

ALLCorporate — Unearned premiums

$0—

AXSInsurance — Unearned premiums

$4.33B+12.3%

AXSReinsurance — Unearned premiums

$1.49B+10.3%

HGBermuda — Unearned premiums

$624.01M+32.2%

HGInternational — Unearned premiums

$753.47M+15.9%

SIGIInvestments Segment — Unearned premiums

$0—

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

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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

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:SupplementaryInsuranceInformationUnearnedPremiums.

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

Line item	December 31, 2025 / Deferredacquisitioncosts	December 31, 2025 / Reservesfor lossesand LAE	December 31, 2025 / Unearnedpremiums	Year ended December 31, 2025 / Netpremiumsearned	Year ended December 31, 2025 / Totalinvestment relatedincome (loss)	Year ended December 31, 2025 / Net losses,and LAE	Year ended December 31, 2025 / Acquisitioncosts	Year ended December 31, 2025 / Underwritingexpenses (2)	Year ended December 31, 2025 / Netpremiumswritten	Year ended December 31, 2025 / Deposit interest expense, net
Open Market	$86,884	$870,139	$313,915	$576,032	$32,036	$358,396	$158,465	$21,114	$601,690	$421
Innovations	13,070	94,936	47,789	85,626	(10,064)	51,472	26,818	7,513	90,233	—
Corporate (1)	—	2,885	—	(514)	2,485	1,724	(430)	—	(514)	—
	$99,954	$967,960	$361,704	$661,144	$24,457	$411,592	$184,853	$28,627	$691,409	$421

Item 15. Exhibit Index

FAQ

What is Greenlight Capital RE, Ltd.'s innovations — unearned premiums?: Greenlight Capital RE, Ltd. (GLRE) reported innovations — unearned premiums of $47.79M in Q4 2025.
What does innovations — unearned premiums mean?: This metric represents the portion of written insurance premiums that have not yet been earned by the company as of the reporting date. It reflects the company's obligation to provide coverage for the remainder of the policy term and serves as a key indicator of future revenue recognition and potential liability.