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-121% | -$898K— | -$11.33M-1,179% | -$1.66M-189% | $941K+253% | |
| Open Market | $11.9M+474% | $28.18M— | $27.85M+71.0% | $16.82M-1.9% | -$3.18M-118% | |
| Premiums Earned, Net by Business | ||||||
| Innovations | $25.17M+32.4% | $24.24M+27.5% | $21M-3.6% | $21.39M-15.6% | $19.01M-5.9% | |
| Open Market | $128.98M-13.8% | $141.41M+10.6% | $144.43M+14.1% | $140.55M+11.7% | $149.64M+13.7% | |
| Net investment income (loss) by Business | ||||||
| Innovations | $1.09M+144% | $0-100% | -$11.27M-4,555% | $431K+17.8% | $448K+345% | |
| Open Market | $5.14M-11.0% | $15.01M+38.1% | $5.62M-39.9% | $5.63M-42.5% | $5.77M-54.3% | |
| Gross premiums written by Business | ||||||
| Innovations | $47.59M+73.3% | $37.14M+79.8% | $29.39M+57.4% | $27.6M+9.0% | $27.47M-8.7% | |
| Open Market | $180.35M-18.3% | $124.19M+0.9% | $154.99M+3.1% | $152.33M+6.3% | $220.71M+18.0% | |
| Net loss and loss adjustment expenses incurred by Business | ||||||
| Innovations | $15.93M+53.9% | $14.47M+11.7% | $11.41M-6.6% | $15.24M+11.8% | $10.35M-21.2% | |
| Open Market | $75.23M-33.3% | $85.57M-18.7% | $76.59M+0.5% | $83.48M+13.7% | $112.76M+30.1% | |
| Underwriting Income (Loss) by Business | ||||||
| Innovations | -$572K-154% | -$420K— | $668K-52.5% | -$1.49M-164% | $1.07M+583% | |
| Open Market | $6.76M+176% | $13.16M— | $22.23M+221% | $11.19M+51.9% | -$8.95M-280% | |
| Total allocated assets by Business | ||||||
| Innovations | $172.63M+18.7% | $130.08M+18.1% | $130.38M-5.9% | $146.2M+4.2% | $145.4M+56.4% | |
| Open Market | $507.8M+10.5% | $480.11M+5.6% | $489.76M+20.5% | $485.33M+20.7% | $459.55M-4.2% | |
| Net premiums written by Business | ||||||
| Innovations | $32.18M+34.2% | $21.23M+22.1% | $22.32M+57.5% | $22.72M+2.3% | $23.97M-8.7% | |
| Open Market | $151.3M-22.7% | $123.6M+8.5% | $140.37M+9.5% | $142.11M+8.0% | $195.61M+16.6% | |
| Deposit interest expense, net by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | -$32K+78.5% | $788K-64.9% | -$94K+75.1% | -$124K-153% | -$149K— | |
| Corporate and other expenses by Business | ||||||
| Innovations | $722K+26.2% | $805K+84.2% | $724K+19.1% | $602K-25.7% | $572K-3.1% | |
| Open Market | $0— | $0— | $0— | $0— | $0— | |
| Loss from Catastrophes by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $5M-81.5% | $0-100% | $0-100% | $0— | $27.02M+117% | |
| Underwriting expenses by Business | ||||||
| Innovations | $2.06M+32.1% | $2.31M+270% | $2.03M+68.6% | $1.62M+62.8% | $1.56M+81.3% | |
| Open Market | $5.74M+19.7% | $6.01M+49.9% | $5.45M+11.8% | $4.86M+0.9% | $4.8M-12.4% | |
| Prior years by Business | ||||||
| Innovations | $600K+206% | $200K+105% | -$648K-789% | $2.53M+254% | -$567K-56,600% | |
| Open Market | -$5.8M-125% | $9M-66.3% | $855K+116% | -$941K-1,668% | $23.2M+466% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Attritional Losses by Business | ||||||
| Innovations | $15.57M+42.7% | $13.53M+15.6% | $12.06M-0.6% | $12.71M-16.8% | $10.91M-16.9% | |
| Open Market | $69.51M-14.0% | $75.78M-3.5% | $70.01M-2.6% | $78.02M+15.1% | $80.85M+11.1% | |
| Acquisition costs by Business | ||||||
| Innovations | $7.75M+28.5% | $7.88M+37.5% | $6.89M-1.0% | $6.01M-28.5% | $6.03M-0.3% | |
| Open Market | $41.21M+0.8% | $36.62M+12.5% | $40.07M+4.8% | $40.9M+1.0% | $40.88M+21.7% | |
| Large Event Losses by Business | ||||||
| Innovations | $0— | $2.1M— | $0— | $0— | $0— | |
| Open Market | $3.57M— | $5.08M+354% | $5.73M+175% | $6.4M+14.7% | $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.
