Greenlight Capital RE, Ltd. GLRE Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax by Business | ||||||
| Innovations | -$200K+77.7% | -$898K+92.1% | -$11.33M-582% | -$1.66M-277% | $941K— | |
| Open Market | $11.9M-57.8% | $28.18M+1.2% | $27.85M+65.6% | $16.82M+629% | -$3.18M— | |
| Premiums Earned, Net by Business | ||||||
| Innovations | $25.17M+3.8% | $24.24M+15.4% | $21M-1.8% | $21.39M+12.5% | $19.01M0.0% | |
| Open Market | $128.98M-8.8% | $141.41M-2.1% | $144.43M+2.8% | $140.55M-6.1% | $149.64M+17.0% | |
| Net investment income (loss) by Business | ||||||
| Innovations | $1.09M— | $0+100% | -$11.27M-2,715% | $431K-3.8% | $448K+68.4% | |
| Open Market | $5.14M-65.8% | $15.01M+167% | $5.62M-0.1% | $5.63M-2.5% | $5.77M-46.9% | |
| Gross premiums written by Business | ||||||
| Innovations | $47.59M+28.1% | $37.14M+26.4% | $29.39M+6.5% | $27.6M+0.5% | $27.47M+32.9% | |
| Open Market | $180.35M+45.2% | $124.19M-19.9% | $154.99M+1.7% | $152.33M-31.0% | $220.71M+79.3% | |
| Net loss and loss adjustment expenses incurred by Business | ||||||
| Innovations | $15.93M+10.1% | $14.47M+26.8% | $11.41M-25.1% | $15.24M+47.3% | $10.35M-20.1% | |
| Open Market | $75.23M-12.1% | $85.57M+11.7% | $76.59M-8.2% | $83.48M-26.0% | $112.76M+7.1% | |
| Underwriting Income (Loss) by Business | ||||||
| Innovations | -$572K-36.2% | -$420K-163% | $668K+145% | -$1.49M-240% | $1.07M— | |
| Open Market | $6.76M-48.6% | $13.16M-40.8% | $22.23M+98.6% | $11.19M+225% | -$8.95M— | |
| Total allocated assets by Business | ||||||
| Innovations | $172.63M+32.7% | $130.08M-0.2% | $130.38M-10.8% | $146.2M+0.5% | $145.4M+32.0% | |
| Open Market | $507.8M+5.8% | $480.11M-2.0% | $489.76M+0.9% | $485.33M+5.6% | $459.55M+1.1% | |
| Net premiums written by Business | ||||||
| Innovations | $32.18M+51.6% | $21.23M-4.9% | $22.32M-1.8% | $22.72M-5.2% | $23.97M+37.8% | |
| Open Market | $151.3M+22.4% | $123.6M-11.9% | $140.37M-1.2% | $142.11M-27.3% | $195.61M+71.7% | |
| Deposit interest expense, net by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | -$32K-104% | $788K+938% | -$94K+24.2% | -$124K+16.8% | -$149K-107% | |
| Corporate and other expenses by Business | ||||||
| Innovations | $722K-10.3% | $805K+11.2% | $724K+20.3% | $602K+5.2% | $572K+30.9% | |
| Open Market | $0— | $0— | $0— | $0— | $0— | |
| Loss from Catastrophes by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $5M— | $0— | $0— | $0-100% | $27.02M+288% | |
| Underwriting expenses by Business | ||||||
| Innovations | $2.06M-10.6% | $2.31M+13.8% | $2.03M+25.1% | $1.62M+3.8% | $1.56M+150% | |
| Open Market | $5.74M-4.4% | $6.01M+10.4% | $5.45M+12.0% | $4.86M+1.3% | $4.8M+19.6% | |
| Prior years by Business | ||||||
| Innovations | $600K+200% | $200K+131% | -$648K-126% | $2.53M+546% | -$567K+85.8% | |
| Open Market | -$5.8M-164% | $9M+953% | $855K+191% | -$941K-104% | $23.2M-13.1% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Attritional Losses by Business | ||||||
| Innovations | $15.57M+15.0% | $13.53M+12.2% | $12.06M-5.1% | $12.71M+16.5% | $10.91M-6.8% | |
| Open Market | $69.51M-8.3% | $75.78M+8.2% | $70.01M-10.3% | $78.02M-3.5% | $80.85M+3.0% | |
| Acquisition costs by Business | ||||||
| Innovations | $7.75M-1.6% | $7.88M+14.3% | $6.89M+14.7% | $6.01M-0.3% | $6.03M+5.3% | |
| Open Market | $41.21M+12.6% | $36.62M-8.6% | $40.07M-2.0% | $40.9M0.0% | $40.88M+25.6% | |
| Large Event Losses by Business | ||||||
| Innovations | $0-100% | $2.1M— | $0— | $0— | $0— | |
| Open Market | $3.57M-29.7% | $5.08M-11.3% | $5.73M-10.5% | $6.4M— | $0-100% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Greenlight Capital RE, Ltd. break its business down?
- Greenlight Capital RE, Ltd. (GLRE) reports net premiums earned by business across 2 parts — Innovations and Open Market. Each is extracted from the segment footnotes and tracked over time.
- Where does Greenlight Capital RE, Ltd.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Greenlight Capital RE, Ltd.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
