What does open market — unearned premiums mean?

Represents the portion of written reinsurance premiums that relates to the unexpired period of the underlying insurance policies. This liability reflects the company's obligation to provide coverage for the remainder of the policy term. Monitoring this balance helps assess future revenue recognition and the volume of active risk exposure.

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

Screener

Other segment segments

Innovations

$47.79M+40.0%

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

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 / 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 open market — unearned premiums?: Greenlight Capital RE, Ltd. (GLRE) reported open market — unearned premiums of $313.92M in Q4 2025.
What does open market — unearned premiums mean?: Represents the portion of written reinsurance premiums that relates to the unexpired period of the underlying insurance policies. This liability reflects the company's obligation to provide coverage for the remainder of the policy term. Monitoring this balance helps assess future revenue recognition and the volume of active risk exposure.