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— | -$12.94M— | —— | —— | —— | |
| Open Market | $84.75M+180% | $69.67M+36.5% | $41.5M-42.8% | $29.93M-61.5% | $30.26M-63.1% | |
| Premiums Earned, Net by Business | ||||||
| Innovations | $91.79M+7.8% | $85.63M-0.8% | $80.41M-5.7% | $81.2M-0.3% | $85.16M+15.0% | |
| Open Market | $555.37M+4.8% | $576.03M+12.5% | $562.49M+12.3% | $544.64M+11.0% | $529.95M+10.0% | |
| Net investment income (loss) by Business | ||||||
| Innovations | -$9.75M-831% | -$10.39M-1,580% | -$10.13M-1,005% | $1.4M-9.7% | $1.33M-28.6% | |
| Open Market | $31.4M-12.3% | $32.04M-24.8% | $27.89M-32.1% | $31.63M-23.0% | $35.78M-11.9% | |
| Gross premiums written by Business | ||||||
| Innovations | $141.73M+53.8% | $121.6M+28.4% | $105.12M+9.3% | $94.4M-5.3% | $92.12M-4.6% | |
| Open Market | $611.87M-4.0% | $652.23M+8.0% | $651.13M+7.3% | $646.47M+11.0% | $637.45M+12.7% | |
| Net loss and loss adjustment expenses incurred by Business | ||||||
| Innovations | $57.05M+16.1% | $51.47M-0.9% | $49.96M-0.5% | $50.77M+3.2% | $49.16M+5.1% | |
| Open Market | $320.86M-12.7% | $358.4M+4.9% | $378.13M+25.3% | $377.72M+29.7% | $367.65M+29.7% | |
| Underwriting Income (Loss) by Business | ||||||
| Innovations | -$1.81M-138% | -$177K-105% | $243K-94.4% | $980K-70.8% | $4.78M+222% | |
| Open Market | $53.35M— | $37.64M— | —— | —— | —— | |
| Total allocated assets by Business | ||||||
| Innovations | $579.28M+8.4% | $552.06M+14.6% | $532.1M+13.2% | $540.25M— | $534.3M— | |
| Open Market | $1.96B+13.9% | $1.91B+9.9% | $1.89B+6.5% | $1.81B— | $1.72B— | |
| Net premiums written by Business | ||||||
| Innovations | $98.44M+26.6% | $90.23M+12.8% | $86.4M+3.4% | $78.25M-13.3% | $77.74M-12.6% | |
| Open Market | $557.38M-2.1% | $601.69M+11.1% | $592M+8.8% | $579.87M+8.9% | $569.34M+10.0% | |
| Deposit interest expense, net by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $538K-72.5% | $421K— | $1.88M— | $1.6M— | $1.96M— | |
| Corporate and other expenses by Business | ||||||
| Innovations | $2.85M+17.6% | $2.7M+10.6% | $2.34M-15.9% | $2.22M-24.5% | $2.43M-16.3% | |
| Open Market | $0— | $0— | $0— | $0— | $0— | |
| Loss from Catastrophes by Business | ||||||
| Innovations | $0— | $0— | $0— | $0— | $0— | |
| Open Market | $5M-87.9% | $27.02M+0.4% | $33.98M+56.3% | $41.48M+159% | $41.48M+133% | |
| Underwriting expenses by Business | ||||||
| Innovations | $8.01M+82.9% | $7.51M+104% | $5.83M+55.6% | $5.01M+54.7% | $4.38M+49.5% | |
| Open Market | $22.06M+19.3% | $21.11M+10.1% | $19.11M-1.3% | $18.54M-0.9% | $18.49M+2.2% | |
| Prior years by Business | ||||||
| Innovations | $2.68M+144% | $1.52M+127% | -$2.68M-115% | -$1.94M-86.4% | -$6.11M-780% | |
| Open Market | $3.11M-93.0% | $32.11M+25.7% | $49.81M+731% | $43.64M+136% | $44.65M+74.7% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Attritional Losses by Business | ||||||
| Innovations | $53.87M+7.7% | $49.22M-5.8% | $47.39M-8.2% | $47.46M-6.2% | $50.02M+7.7% | |
| Open Market | $293.31M-1.9% | $304.66M+4.7% | $307.38M+12.5% | $309.28M+17.9% | $299.02M+17.1% | |
| Acquisition costs by Business | ||||||
| Innovations | $28.54M+5.2% | $26.82M-1.2% | $24.67M-8.7% | $24.74M-3.6% | $27.13M+18.8% | |
| Open Market | $158.8M+4.4% | $158.47M+9.4% | $154.39M+5.5% | $152.54M+7.2% | $152.15M+12.0% | |
| Large Event Losses by Business | ||||||
| Innovations | $2.1M— | $2.1M— | $0— | $0— | $0— | |
| Open Market | $20.78M+137% | $17.2M+53.4% | $13.24M+9.3% | $9.6M-20.3% | $8.78M+3.5% |
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.
