Greenlight Capital RE, Ltd. GLRE Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax by Business | ||||||
| Innovations | -$14.09M-8.8% | -$12.94M— | —— | —— | —— | |
| Open Market | $84.75M+21.6% | $69.67M+67.9% | $41.5M+38.6% | $29.93M-1.1% | $30.26M-40.7% | |
| Premiums Earned, Net by Business | ||||||
| Innovations | $91.79M+7.2% | $85.63M+6.5% | $80.41M-1.0% | $81.2M-4.7% | $85.16M-1.4% | |
| Open Market | $555.37M-3.6% | $576.03M+2.4% | $562.49M+3.3% | $544.64M+2.8% | $529.95M+3.5% | |
| Net investment income (loss) by Business | ||||||
| Innovations | -$9.75M+6.2% | -$10.39M-2.6% | -$10.13M-824% | $1.4M+4.9% | $1.33M+89.9% | |
| Open Market | $31.4M-2.0% | $32.04M+14.8% | $27.89M-11.8% | $31.63M-11.6% | $35.78M-16.1% | |
| Gross premiums written by Business | ||||||
| Innovations | $141.73M+16.6% | $121.6M+15.7% | $105.12M+11.4% | $94.4M+2.5% | $92.12M-2.7% | |
| Open Market | $611.87M-6.2% | $652.23M+0.2% | $651.13M+0.7% | $646.47M+1.4% | $637.45M+5.6% | |
| Net loss and loss adjustment expenses incurred by Business | ||||||
| Innovations | $57.05M+10.8% | $51.47M+3.0% | $49.96M-1.6% | $50.77M+3.3% | $49.16M-5.4% | |
| Open Market | $320.86M-10.5% | $358.4M-5.2% | $378.13M+0.1% | $377.72M+2.7% | $367.65M+7.6% | |
| Underwriting Income (Loss) by Business | ||||||
| Innovations | -$1.81M-925% | -$177K-173% | $243K-75.2% | $980K-79.5% | $4.78M+23.5% | |
| Open Market | $53.35M+41.7% | $37.64M— | —— | —— | —— | |
| Total allocated assets by Business | ||||||
| Innovations | $579.28M+4.9% | $552.06M+3.8% | $532.1M-1.5% | $540.25M+1.1% | $534.3M+10.9% | |
| Open Market | $1.96B+2.5% | $1.91B+1.3% | $1.89B+4.6% | $1.81B+4.8% | $1.72B-1.2% | |
| Net premiums written by Business | ||||||
| Innovations | $98.44M+9.1% | $90.23M+4.4% | $86.4M+10.4% | $78.25M+0.6% | $77.74M-2.8% | |
| Open Market | $557.38M-7.4% | $601.69M+1.6% | $592M+2.1% | $579.87M+1.8% | $569.34M+5.2% | |
| Deposit interest expense, net by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $538K+27.8% | $421K-77.6% | $1.88M+17.7% | $1.6M-18.3% | $1.96M— | |
| Corporate and other expenses by Business | ||||||
| Innovations | $2.85M+5.5% | $2.7M+15.8% | $2.34M+5.2% | $2.22M-8.6% | $2.43M-0.7% | |
| Open Market | $0— | $0— | $0— | $0— | $0— | |
| Loss from Catastrophes by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $5M-81.5% | $27.02M-20.5% | $33.98M-18.1% | $41.48M0.0% | $41.48M+54.2% | |
| Underwriting expenses by Business | ||||||
| Innovations | $8.01M+6.7% | $7.51M+28.8% | $5.83M+16.5% | $5.01M+14.3% | $4.38M+19.0% | |
| Open Market | $22.06M+4.5% | $21.11M+10.5% | $19.11M+3.1% | $18.54M+0.2% | $18.49M-3.6% | |
| Prior years by Business | ||||||
| Innovations | $2.68M+77.0% | $1.52M+156% | -$2.68M-38.2% | -$1.94M+68.2% | -$6.11M-10.2% | |
| Open Market | $3.11M-90.3% | $32.11M-35.5% | $49.81M+14.1% | $43.64M-2.2% | $44.65M+74.8% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Attritional Losses by Business | ||||||
| Innovations | $53.87M+9.5% | $49.22M+3.9% | $47.39M-0.1% | $47.46M-5.1% | $50.02M-4.2% | |
| Open Market | $293.31M-3.7% | $304.66M-0.9% | $307.38M-0.6% | $309.28M+3.4% | $299.02M+2.8% | |
| Acquisition costs by Business | ||||||
| Innovations | $28.54M+6.4% | $26.82M+8.7% | $24.67M-0.3% | $24.74M-8.8% | $27.13M-0.1% | |
| Open Market | $158.8M+0.2% | $158.47M+2.6% | $154.39M+1.2% | $152.54M+0.3% | $152.15M+5.0% | |
| Large Event Losses by Business | ||||||
| Innovations | $2.1M0.0% | $2.1M— | $0— | $0— | $0— | |
| Open Market | $20.78M+20.8% | $17.2M+29.9% | $13.24M+37.9% | $9.6M+9.3% | $8.78M-21.7% |
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.
