Skip to content
Screener

Greenlight Capital RE, Ltd. GLRE Open Market — Underwriting expenses

Other segment segments

Innovations
$2.06M+32.1%

Similar metrics at other companies

Markel logo
MKLMarkel Insurance — Other Underwriting Expense
$297.78M-6.8%
Palomar Holdings, Inc. logo
PLMROther Underwriting Expense
$69.43M+52.5%
KIN
KINSOther Underwriting Expense
$8.66M+12.0%
BH
BHOther Underwriting Expense
$15.13M-5.0%
Hamilton Insurance Group, Ltd. logo
HGBermuda — Other underwriting expenses
$13.13M-20.3%
Everest Group logo
EGLegacy — Other underwriting expenses
$65M-36.9%

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 / equity-0.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OtherUnderwritingExpense.

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
Net premiums earned$128,981$25,166$(2)$154,145
Net loss and LAE incurred(75,230)(15,926)1(91,155)
Acquisition costs(41,212)(7,750)(48,962)
Other underwriting expenses(5,743)(2,062)(7,805)
Deposit interest expense, net(32)(32)
Underwriting income (loss)6,764(572)(1)6,191
Reconciliation to income before income taxes:
Net investment income (loss)5,1351,0945026,731

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Greenlight Capital RE, Ltd.'s open market — underwriting expenses?
Greenlight Capital RE, Ltd. (GLRE) reported open market — underwriting expenses of $5.74M in Q1 2026.
How has Greenlight Capital RE, Ltd.'s open market — underwriting expenses changed year-over-year?
Greenlight Capital RE, Ltd.'s open market — underwriting expenses increased by 19.7% year-over-year, from $4.8M to $5.74M.
What is the long-term trend for Greenlight Capital RE, Ltd.'s open market — underwriting expenses?
Over 3 years (2022 to 2025), Greenlight Capital RE, Ltd.'s open market — underwriting expenses has grown at a 21.2% compound annual growth rate (CAGR), from $11.87M to $21.11M.
What does open market — underwriting expenses mean?
General and administrative expenses incurred in the process of underwriting and managing insurance policies, excluding acquisition costs and loss adjustment expenses. It reflects the operational overhead required to maintain the reinsurance business.

Ask your AI about Greenlight Capital RE, Ltd.'s open market — underwriting expenses.

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

Connect your AI
Harbor at dusk
Claude