Greenlight Capital Re, Ltd. Schedules Second Quarter 2025 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 29, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the second quarter and six-months ended June 30, 2025, after the market closes on Monday, August 4, 2025. A live conference call to discuss the financial results will be held on Tuesday, August 5, 2025, at 9:00 a.m. Eastern Time.
- 07/29/2025
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Greenlight Gets A Greenlight ^2
- Greenlight Re. (GLRE) has gotten little credit for fixing both insurance underwriting and their investment process. The stock price increase since our last article has been 86%. We think that book value over the next several years will increase 5-15% and the price to book will increase the same for a total compounded return of 10-30%. Focus on shorter tail risks and more stringent underwriting have corrected the underwriting mindset that led to so much loss.
- 06/09/2025
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Greenlight Capital Re, Ltd. (GLRE) Q1 2025 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants David Sigmon – General Counsel Greg Richardson – Chief Executive Officer David Einhorn – Chairman of the Board Faramarz Romer – Chief Financial Officer Conference Call Participants Operator Thank you for joining the Greenlight Capital Re Limited First Quarter 2025 Earnings Conference Call.
- 05/10/2025
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Greenlight Re Announces First Quarter 2025 Financial Results
- Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1%
- 05/07/2025
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Greenlight Capital Re, Ltd. Schedules First Quarter 2025 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2025, after the market closes on Wednesday, May 7, 2025. A live conference call to discuss the financial results will be held on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time.
- 05/02/2025
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Greenlight Capital Re, Ltd. (GLRE) Q4 2024 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q4 2024 Earnings Conference Call March 11, 2025 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Conference Call Participants Anthony Mottolese - Dowling & Partners Eric Hagen - BTIG Operator Thank you for joining the Greenlight Capital Re Limited Fourth Quarter and Year End 2024 Earnings Conference Call.
- 03/11/2025
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Greenlight Re Announces Fourth Quarter and Year-End 2024 Financial Results
- Grows Fully Diluted Book Value by 7.2% in 2024, Marking Fifth Consecutive Year of Book Value Growth; Increases Transparency with New Reporting Segments Grows Fully Diluted Book Value by 7.2% in 2024, Marking Fifth Consecutive Year of Book Value Growth; Increases Transparency with New Reporting Segments
- 03/10/2025
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Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Full Year 2024 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, March 03, 2025 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Monday, March 10, 2025. A live conference call to discuss the financial results will be held on Tuesday, March 11, 2025, at 9:00 a.m. Eastern Time.
- 03/03/2025
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Greenlight Capital Re, Ltd. (GLRE) Q3 2024 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q3 2024 Earnings Call November 5, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Chief Executive Officer David Einhorn - Chairman Faramarz Romer - Chief Financial Officer Conference Call Participants Operator Thank you for joining the Greenlight Capital Re, Ltd.
- 11/05/2024
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Greenlight Re Announces Third Quarter 2024 Financial Results
- Achieves Combined ratio of 95.9% and Net income of $35.2 million; Leading to Earnings of $1.01 Per Diluted Share; Achieves Combined ratio of 95.9% and Net income of $35.2 million; Leading to Earnings of $1.01 Per Diluted Share;
- 11/04/2024
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Greenlight Capital Re, Ltd. Schedules Third Quarter 2024 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter ended September 30, 2024, after the market closes on Monday, November 4, 2024. A live conference call to discuss the financial results will be held on Tuesday, November 5, 2024, at 9:00 a.m. Eastern Time.
- 10/29/2024
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AM Best Revises Outlooks to Positive for Greenlight Capital Re, Ltd. and Its Subsidiaries
- OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company (Ireland). Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of “bbb-” (Good) of Greenlight Capital Re, Ltd.
- 10/18/2024
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Greenlight Capital Re, Ltd. (GLRE) Q2 2024 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Corporate Participants David Sigmon - General Counsel Greg Richardson - Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Conference Call Participants Eric Hagen - BTIG Operator Thank you for joining the Greenlight Capital Re Limited Second Quarter 2024 Earnings Conference Call.
- 08/10/2024
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Greenlight Re Announces Second Quarter 2024 Financial Results
- Premium Growth of 9.1%; 2024 Investor Day to be Held on Tuesday November 19, 2024 Premium Growth of 9.1%; 2024 Investor Day to be Held on Tuesday November 19, 2024
- 08/06/2024
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Greenlight Capital Re, Ltd. Schedules Second Quarter 2024 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 30, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter ended June 30, 2024, after the market closes on Tuesday, August 6, 2024. A live conference call to discuss the financial results will be held on Wednesday, August 7, 2024, at 9:00 a.m. Eastern Time.
- 07/30/2024
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Greenlight Capital Re Ltd. (GLRE) Q1 2024 Earnings Call Transcript
- Greenlight Capital Re Ltd. (NASDAQ:GLRE ) Q1 2024 Results Conference Call May 9, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel, Corporate Secretary & Chief Compliance Officer Greg Richardson - Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Operator Thank you for joining the Greenlight Capital Re Ltd First Quarter 2024 Earnings Conference.
- 05/11/2024
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Greenlight Re Announces First Quarter 2024 Financial Results
- Strong Premium Growth of 16.5%, Leading to Net income of $27.0 million Strong Premium Growth of 16.5%, Leading to Net income of $27.0 million
- 05/08/2024
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Follow David Einhorn and Buy These 3 Stocks in Q2
- David Einhorn is a professional investor who runs the Greenlight Capital hedge fund. Since its inception in 1996, Greenlight Capital has racked up some impressive gains.
- 05/03/2024
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Greenlight Capital Re, Ltd. Schedules First Quarter 2024 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 8, 2024. A live conference call to discuss the financial results will be held on Thursday, May 9, 2024, at 9:00 a.m. Eastern Time.
- 05/02/2024
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Greenlight Capital Re, Ltd. (GLRE) Q4 2023 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q4 2023 Earnings Conference Call March 6, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Chief Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Pat O'Brien - Chief Executive Officer of Greenlight Re, Ireland Conference Call Participants Operator Hello, and welcome to the Greenlight Capital Re Limited 2023 Fourth Quarter and Full Year Financial Results Conference Call and webcast.
- 03/06/2024
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Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results
- Achieves Record Underwriting Income of $32.0 million for Full Year 2023 Achieves Record Underwriting Income of $32.0 million for Full Year 2023
- 03/05/2024
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Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2023 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the fourth quarter and year ended December 31, 2023, after the market closes on Tuesday, March 5, 2024. A live conference call to discuss the financial results will be held on Wednesday, March 6, 2024, at 9:00 a.m. Eastern Time.
- 02/27/2024
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AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Subsidiaries Following Announced Departure of CEO Simon Burton
- OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE] and its subsidiaries remain unchanged following the announced departure of CEO Simon Burton, effective Dec. 31, 2023. Effective Jan. 1, 2024, succeeding Mr. Burton will be Greg Richardson, who served as chief risk and strategy officer at Transatlantic Holdings, Inc. from 2014 to 2023. Mr. Burton will continue to serve in an advisory role a.
- 11/10/2023
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Greenlight Re Announces Third Quarter 2023 Financial Results
- Gross premiums written increased 18.0% Net income of $13.5 million ( $0.39 per diluted ordinary share ) Fully diluted book value per share increased 2.3% to $16.58
- 11/08/2023
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Greenlight Capital Re, Ltd. Announces New Chief Executive Officer
- Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective January 1, 2024 Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective January 1, 2024
- 11/07/2023
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Greenlight Capital Re, Ltd. Schedules Third Quarter 2023 Financial Results And Conference Call
- GRAND CAYMAN, Cayman Islands, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter ended September 30, 2023, after the market closes on Wednesday, November 8, 2023. A live conference call to discuss the financial results will be held on Thursday, November 9, 2023, at 9:00 a.m. Eastern Time.
- 11/01/2023
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Greenlight Capital Re, Ltd. (GLRE) Q2 2023 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants David Sigmon - General Counsel Simon Burton - Chief Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Conference Call Participants Operator Thank you for joining the Greenlight Capital Re's Second Quarter Earnings Conference.
- 08/06/2023
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Greenlight Re Announces Second Quarter 2023 Financial Results
- Gross premiums written increased 15.0% Net income of $49.9 million ($1.32 per diluted ordinary share ) Fully diluted book value per share increased 9.9% to $16.21
- 08/02/2023
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Greenlight Capital Re, Ltd. Schedules Second Quarter 2023 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 26, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter ended June 30, 2023, after the market closes on Wednesday, August 2, 2023. A live conference call to discuss the financial results will be held on Thursday, August 3, 2023, at 9:00 a.m. Eastern Time.
- 07/26/2023
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Revisiting Greenlight Capital Re: A Speculative Stock
- I analyzed Greenlight Re in 2019, 2021 and 2022. My conclusion was that investing with David Einhorn could be a rocky road. The reinsurance division had been loss-making for many years, with the company playing second fiddle in an increasingly competitive reinsurance market.
- 05/09/2023
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Greenlight Capital Re, Ltd. Schedules First Quarter 2023 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, May 02, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for quarter ended March 31, 2023, after the market closes on Tuesday, May 9, 2023. The leadership team will host a conference call to discuss the financial results and related matters on Wednesday, May 10, 2023, at 9:00 a.m. Eastern Time.
- 05/02/2023
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3 Pillars Are Working At Greenlight Capital
- Greenlight Re has 3 interesting strategic pillars - underwriting, Innovations, and the investment portfolio. The Innovations business has so far proven very capable of making strategic partnerships with innovative, technology-focused insurance companies.
- 03/20/2023
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Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2022 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter and year ended December 31, 2022, after the market closes on Wednesday, March 8, 2023. A live conference call to discuss the financial results will be held on Thursday, March 9, 2023, at 9:00 a.m. Eastern Time.
- 02/23/2023
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Greenlight Gets A Greenlight
- After a decade of mishaps, Greenlight Re has turned the corner. The insurance book has been de-risked.
- 12/15/2022
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Greenlight Capital Re, Ltd. (GLRE) Q3 2022 Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q3 2022 Results Conference Call November 3, 2022 9:00 AM ET Company Participants Simon Burton - Chief Executive Officer David Einhorn - Chairman Neil Greenspan - Chief Financial Officer Operator Thank you for joining the Greenlight Re Conference Call for the Third Quarter of 2022 Earnings.
- 11/05/2022
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Greenlight Capital Re, Ltd. Schedules Third Quarter 2022 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the quarter ended September 30, 2022, after the market closes on Wednesday, November 2, 2022. A live conference call to discuss the financial results will be held on Thursday, November 3, 2022, at 9:00 a.m. Eastern Time.
- 10/19/2022
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2022 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Simon Burton - Chief Executive Officer David Einhorn - Chairman Neil Greenspan - Chief Financial Officer Operator Good morning and thank you for joining the Greenlight Re Conference Call for the Second Quarter of 2022 Earnings.
- 08/03/2022
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Greenlight Capital Re, Ltd. Schedules Second Quarter 2022 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 21, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended June 30, 2022, after the market closes on Tuesday, August 2, 2022. A live conference call to discuss the financial results will be held on Wednesday, August 3, 2022, at 9:00 a.m. Eastern Time.
- 07/21/2022
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2022 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE ) Q1 2022 Earnings Conference Call April 4, 2022 9:00 AM ET Company Participants Simon Burton - CEO David Einhorn - Chairman Neil Greenspan - CFO Conference Call Participants Operator Thank you for joining the Greenlight Re Conference Call for the First Quarter of 2022 Earnings.
- 05/04/2022
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Greenlight Capital Re, Ltd. Schedules First Quarter 2022 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, April 22, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended March 31, 2022, after the market closes on Tuesday, May 3, 2022. A live conference call to discuss the financial results will be held on Wednesday, May 4, 2022, at 9:00 a.m. Eastern Time.
- 04/22/2022
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q4 2021 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q4 2021 Results - Earnings Call Transcript
- 03/09/2022
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Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year End 2021 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter and year ended December 31, 2021, after the market closes on Tuesday, March 8, 2022. A live conference call to discuss the financial results will be held on Wednesday, March 9, 2022, at 9:00 a.m. Eastern Time.
- 02/23/2022
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q3 2021 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q3 2021 Results - Earnings Call Transcript
- 11/06/2021
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Greenlight Capital Re, Ltd. Schedules Third Quarter 2021 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended September 30, 2021 after the market closes on Wednesday, November 3, 2021. A live conference call to discuss the financial results will be held on Thursday, November 4, 2021 at 9:00 a.m. Eastern Time.
- 10/21/2021
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Greenlight Capital Re, Ltd. Appoints Brian O'Reilly to Head of Innovations
- GRAND CAYMAN, Cayman Islands, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has appointed Brian O'Reilly as Head of Innovations.
- 10/01/2021
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Greenlight Re Innovations Announces Investment in Construction Insurance Start-up Shepherd
- GRAND CAYMAN, Cayman Islands, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has announced an investment in Shepherd Labs, Inc. (“Shepherd”), a construction insurance MGA focused on providing insurance options to middle-market contractors that devote resources to utilizing technology and data.
- 09/02/2021
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2021 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q2 2021 Results - Earnings Call Transcript
- 08/04/2021
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Greenlight Re Announces Second Quarter 2021 Financial Results
- Net income for the quarter of $0.6 million Fully diluted book value per share increased 0.8% in the quarter to $13.60
- 08/03/2021
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Greenlight Capital Re Schedules Second Quarter 2021 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 21, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended June 30, 2021 after the market closes on Tuesday, August 3, 2021. A live conference call to discuss the financial results will be held on Wednesday, August 4, 2021 at 9:00 a.m. Eastern time.
- 07/21/2021
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Greenlight Re Innovations Announces Investment in Cargo Visibility and Risk Management Platform Paxafe
- GRAND CAYMAN, Cayman Islands, June 04, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has announced an investment in Paxafe, Inc. (“Paxafe”), a supply-chain visibility and analytics platform focused on high value and perishable cargo.
- 06/04/2021
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2021 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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Greenlight Re Innovations Announces Investment in Sports Risk Management and Insurance Start-up Player's Health
- GRAND CAYMAN, Cayman Islands, April 21, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced an investment in Ao1 Holdings Inc. (“Player's Health”), a managing general underwriter that provides insurance and risk management services to the amateur sports organization market.
- 04/21/2021
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Greenlight Re Innovations Announces Investment in SME-focused Credit Insurance Start-up Nimbla
- GRAND CAYMAN, Cayman Islands, March 26, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced an investment in TradeCrediTech Ltd. (“Nimbla”), a digital managing general underwriter focusing on the small and medium-sized enterprise (SME) credit insurance market.
- 03/26/2021
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Greenlight Capital Re's (GLRE) CEO Simon Burton on Q4 2020 Results - Earnings Call Transcript
- Greenlight Capital Re's (GLRE) CEO Simon Burton on Q4 2020 Results - Earnings Call Transcript
- 03/11/2021
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Greenlight Capital Re, Ltd. Announces Date of Annual Meeting of Shareholders
- GRAND CAYMAN, Cayman Islands, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has established May 4, 2021 as the date for its 2021 annual general meeting of shareholders (the “Annual Meeting”). The time and location of the Annual Meeting will be set forth in the Company's proxy materials.
- 01/12/2021
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6 Stocks Added to Most Weighted Portfolio in 2021
- During GuruFocus' annual model portfolio rebalance for 2021, the new stocks added to the Most Weighted Model Portfolio were Adaptive Biotechnologies Corp. (NASDAQ:ADPT), AerCap Holdings NV (NYSE:AER), Alibaba Group Holding Ltd. (NYSE:BABA), The Walt Disney Co. (NYSE:DIS), PG&E Corp. (NYSE:PCG) and Trinity Industries Inc. (NYSE:TRN).
- 01/06/2021
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Greenlight Capital Re Ltd (GLRE) CEO Simon Burton on Q3 2020 Results - Earnings Call Transcript
- Greenlight Capital Re Ltd (GLRE) CEO Simon Burton on Q3 2020 Results - Earnings Call Transcript
- 11/08/2020
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Greenlight Capital Re Schedules Third Quarter 2020 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended September 30, 2020 after the market closes on Wednesday, November 4, 2020. A live conference call to discuss the financial results will be held on Thursday, November 5, 2020 at 9:00 a.m. Eastern time.
- 10/27/2020
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ILS Funds Demonstrate Improving Returns In Best June And July Since 2011
- According to the Eurekahedge ILS Advisers Index, the year-to-date return for all ILS and cat bonds funds tracked has now risen to 1.54%.
- 09/03/2020
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Hurricane Laura Exposed Insurers Could Tap Reinsurance
- A number of the major property and casualty insurers that are seen as most exposed to hurricane Laura's impacts on the Gulf Coast region could tap into their reinsurance programs, should the major hurricane prove particularly impactful.
- 08/30/2020
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Hurricane Laura Industry Losses Seen As 'Manageable' By Analysts
- Insurance and reinsurance industry losses from Hurricane Laura's onslaught of the Louisiana and Texas Gulf Coast region today (Aug.
- 08/29/2020
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Tracking David Einhorn's Portfolio - Q2 2020 Update
- David Einhorn's 13F stock portfolio value increased from $702M to $922M this quarter. Greenlight added Vaneck Gold Miners ETF and Atlas Air Worldwide while dropping Altice USA and Adient plc.
- 08/25/2020
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Covid-Related Cat Bond And ILS Spread Widening Drove Inflows: Swiss Re
- As the global effects of the Covid-19 coronavirus pandemic were being felt across financial markets earlier this year, the insurance-linked securities market was not immune.
- 08/15/2020
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Greenlight Re Announces Second Quarter 2020 Financial Results
- Net loss of $0.1 million Fully diluted book value per share increased to $11.81 at quarter endGRAND CAYMAN, Cayman Islands, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported a net loss of $0.1 million, or $0.00 per share, in the second quarter of 2020, compared to net income of $15.3 million, or $0.42 per share, in the second quarter of 2019. Fully diluted book value per share increased $0.18, or 1.5%, to $11.81 in the second quarter of 2020, reflecting share repurchases executed during the quarter. Fully diluted book value per share was $13.58 at the end of the second quarter of 2019.Simon Burton, Chief Executive Officer of Greenlight Re, stated, “We have been pleased with our stability and performance in light of the impact of the COVID-19 pandemic on the reinsurance industry and the global economy. Additionally, our repurchases of common stock enabled us to deliver solid growth in book value per share during the quarter. Looking ahead to the rest of 2020 and into 2021, we are well positioned to take advantage of broad pricing increases that we are seeing across multiple lines of business.”David Einhorn, Chairman of the Board of Directors, stated, “We reported a small investment gain during the second quarter, and believe our investment portfolio is well positioned for the current market uncertainty. We are cognizant that the financial markets remain volatile and as such we continue to be conservatively positioned.”Underwriting and investment resultsSecond Quarter 2020Gross written premiums in the second quarter of 2020 were $116.7 million, compared to $152.3 million in the second quarter of 2019. This decrease was largely due to the Company’s decision not to renew certain auto business, partially offset by additional new business written in several specialty lines.Net written premiums decreased 9.8% to $116.6 million in the second quarter of 2020, compared to $129.2 million reported in the second quarter of 2019. The Company recognized ceded premiums of $0.1 million during the second quarter of 2020, compared to $23.1 million in the second quarter of 2019. This decrease in ceded premiums was due primarily to the non-renewal of retrocessional coverage on auto business.Net premiums earned were $108.4 million during the second quarter of 2020, a decrease from $120.4 million in the comparable 2019 period. The Company incurred a net underwriting loss of $1.3 million in the second quarter of 2020, compared to a net underwriting gain of $1.5 million in the second quarter of 2019. The net financial impact of the COVID-19 pandemic during the second quarter of 2020 was a $6.0 million loss.COVID-19 losses contributed 5.5 percentage points to the combined ratio resulting in a combined ratio for the second quarter of 2020 of 101.2%. Excluding COVID-19 losses, the underlying book of business reported a combined ratio of 95.7% for the quarter. The combined ratio for the second quarter of 2019 was 98.8%.Greenlight Re’s total investment income during the second quarter of 2020 was $5.5 million. The Company’s Investment Portfolio, which is managed by DME Advisors, earned 0.3%, representing $1.6 million of investment income from the Solasglas fund. Other investment income of $3.9 million included net unrealized gains of $3.3 million relating to our portfolio of innovation investments.Six Months Ended June 30, 2020Gross written premiums were $226.5 million for the first half of 2020, a decrease of 28.1% from $314.9 million reported in the comparable 2019 period.Net premiums earned were $219.4 million for the first half of 2020, a decrease of 10.7% from $245.8 million reported in the comparable 2019 period.The combined ratio for the first half of 2020 was 100.0% compared to 108.3% for the first half of 2019.The Company incurred an investment loss of $29.7 million for the first half of 2020. The Company’s Investment Portfolio incurred a loss of 7.8%, representing a loss of $40.5 million from the Company’s investment in the Solasglas fund.Other itemsOn July 22, 2020 AM Best affirmed the Financial Strength Rating of A- (Excellent) of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, Designated Activity Company.The Company repurchased 1.16 million shares during the second quarter of 2020 at an average price of $6.69 per share.Conference CallGreenlight Re will hold a live conference call to discuss its financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020 at 9:00 a.m. Eastern time. The conference call title is Greenlight Capital Re, Ltd. Second Quarter 2020 Earnings Call.To participate in the Greenlight Capital Re, Ltd. Second Quarter 2020 Earnings Call, please dial in to the conference call at: U.S. toll free 1-888-336-7152 International 1-412-902-4178Telephone participants may avoid any delays by pre-registering for the call using the following link to receive a special dial-in number and PIN.Conference Call registration link: http://dpregister.com/10144936The conference call can also be accessed via webcast at:https://services.choruscall.com/links/glre200806.htmlA telephone replay of the call will be available from 11:00 a.m. Eastern time on August 6, 2020 until 9:00 a.m. Eastern time on August 13, 2020. The replay of the call may be accessed by dialing 1-877-344-7529 (U.S. toll free) or 1-412-317-0088 (international), access code 10144936. An audio file of the call will also be available on the Company’s website, www.greenlightre.com.Non-GAAP Financial Measures In presenting the Company’s results, management has included financial measures that are not calculated under standards or rules that comprise accounting principles generally accepted in the United States (GAAP). Such measures, including fully diluted book value per share and net underwriting income (loss), are referred to as non-GAAP measures. These non-GAAP measures may be defined or calculated differently by other companies. Management believes these measures allow for a more complete understanding of the underlying business. These measures are used to monitor our results and should not be viewed as a substitute for those determined in accordance with GAAP. Reconciliations of such measures to the most comparable GAAP figures are included in the attached financial information in accordance with Regulation G.Forward-Looking Statements This news release contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements made on behalf of the Company. These risks and uncertainties include the impact of general economic conditions and conditions affecting the insurance and reinsurance industry, the adequacy of our reserves, our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market fluctuations, trends in insured and paid losses, catastrophes, regulatory and legal uncertainties and other factors described in our Form 10-K and Amendment No. 1 to Form 10-K filed with the Securities Exchange Commission on April 29, 2020. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as provided by law.About Greenlight Capital Re, Ltd. Established in 2004, Greenlight Re (www.greenlightre.com) is a NASDAQ listed company with specialist property and casualty reinsurance companies based in the Cayman Islands and Ireland. Greenlight Re provides risk management products and services to the insurance, reinsurance and other risk marketplaces. The Company focuses on delivering risk solutions to clients and brokers by whom Greenlight Re's expertise, analytics and customer service offerings are demanded. With an emphasis on deriving superior returns from both sides of the balance sheet, Greenlight Re manages its assets according to a value-oriented equity-focused strategy that supports the goal of long-term growth in book value per share.Contact: Investor Relations: Adam Prior The Equity Group Inc. (212) 836-9606 IR@greenlightre.ky GREENLIGHT CAPITAL RE, LTD. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2020 and December 31, 2019 (expressed in thousands of U.S. dollars, except per share and share amounts) June 30, 2020 December 31, 2019 (unaudited) (audited) Assets Investments Investment in related party investment fund$177,658 $240,056 Other investments22,045 16,384 Total investments199,703 256,440 Cash and cash equivalents7,318 25,813 Restricted cash and cash equivalents731,292 742,093 Reinsurance balances receivable (net of allowance for expected credit losses of $89)251,163 230,384 Loss and loss adjustment expenses recoverable (net of allowance for expected credit losses of $47)20,225 27,531 Deferred acquisition costs49,227 49,665 Unearned premiums ceded165 901 Notes receivable (net of allowance for expected credit losses of $1,000)18,842 20,202 Other assets1,521 2,164 Total assets$1,279,456 $1,355,193 Liabilities and equity Liabilities Loss and loss adjustment expense reserves$467,655 $470,588 Unearned premium reserves185,378 179,460 Reinsurance balances payable94,217 122,665 Funds withheld4,644 4,958 Other liabilities3,021 6,825 Convertible senior notes payable94,637 93,514 Total liabilities849,552 878,010 Shareholders' equity Preferred share capital (par value $0.
- 08/05/2020
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Einhorn’s Greenlight Pares Losses With 4% Gain in July
- (Bloomberg) -- David Einhorn’s Greenlight Capital hedge funds rebounded 4.1% in July, helped by a rally in homebuilder Green Brick Partners Inc.The gain pared Greenlight’s year-to-date loss to 17.5%, according to an investor update on Friday viewed by Bloomberg. It was only the second positive month for Einhorn in 2020.Green Brick, the firm’s largest U.S. holding as of the end of the first quarter, rose 16% in July with low interest rates and the escalating Covid-19 crisis boosting housing stocks. Homebuilders “have additional intrinsic value to the consumer as safe havens from the pandemic and as workspaces,” BTIG analyst Carl Reichardt wrote in a note last week. Greenlight owns almost half of the company’s stock, according to data compiled by Bloomberg.Einhorn follows a value-oriented strategy of stock-picking that’s mostly been out of favor in recent years. He revamped his approach early in 2019, vowing to make fewer, more-concentrated investments.The trader may have been hurt in July by some of his short wagers. As recently as May, he said he was still betting against Tesla Inc. and Netflix Inc. The carmaker’s shares soared 33% in July, while the streaming service climbed 7.4%.Einhorn has been unable to recoup losses that began in 2015, when the funds fell by 20%. The slump deepened in 2018, his worst year, when he lost 34%. Greenlight gained 14% last year, lagging behind the S&P 500.The firm managed $2.6 billion as of Jan. 1, down from $12 billion at its peak.A spokesman for the New York-based firm declined to comment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/31/2020
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What Kind Of Shareholders Hold The Majority In Greenlight Capital Re, Ltd.'s (NASDAQ:GLRE) Shares?
- The big shareholder groups in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) have power over the company. Generally...
- 07/30/2020
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Greenlight Capital Re Schedules Second Quarter 2020 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, July 23, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the second quarter ended June 30, 2020 after the market closes on Wednesday, August 5, 2020. A live conference call to discuss the financial results will be held on Thursday, August 6, 2020 at 9:00 a.m. Eastern time. Conference Call DetailsTo participate in the Greenlight Capital Re, Ltd. Second Quarter 2020 Earnings Call, please dial in to the conference call at: U.S. toll free1-888-336-7152 International 1-412-902-4178 Telephone participants may avoid any delays by pre-registering for the call using the following link to receive a special dial-in number and PIN. Conference Call registration link: http://dpregister.com/10144936 The conference call can also be accessed via webcast at: https://services.choruscall.com/links/glre200806.html A telephone replay of the call will be available from 11:00 a.m. Eastern time on August 6, 2020 until 9:00 a.m. Eastern time on August 13, 2020. The replay of the call may be accessed by dialing 1-877-344-7529 (U.S. toll free) or 1-412-317-0088 (international), access code 10144936. An audio file of the call will also be available on the Company’s website, www.greenlightre.com.Forward-Looking Statements This news release contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements made on behalf of the Company. These risks and uncertainties include the impact of general economic conditions and conditions affecting the insurance and reinsurance industry, the adequacy of our reserves, our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market fluctuations, trends in insured and paid losses, catastrophes, regulatory and legal uncertainties and other factors described in our annual report on Form 10-K filed with the Securities Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.About Greenlight Capital Re, Ltd.Established in 2004, Greenlight Re (www.greenlightre.com) is a NASDAQ listed company with specialist property and casualty reinsurance companies based in the Cayman Islands and Ireland. Greenlight Re provides risk management products and services to the insurance, reinsurance and other risk marketplaces. The Company focuses on delivering risk solutions to clients and brokers by whom Greenlight Re's expertise, analytics and customer service offerings are demanded. With an emphasis on deriving superior returns from both sides of the balance sheet, Greenlight Re manages its assets according to a value-oriented equity-focused strategy that supports the goal of long-term growth in book value per share.Contact:Investor Relations: Adam Prior The Equity Group Inc. (212) 836-9606 IR@greenlightre.ky
- 07/23/2020
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Reinsurance Pricing To Catch Up, Demand Expected To Rise: Analysts
- After July saw strong reinsurance rate increases as well, analysts are expecting to see further increases at the January 2021 reinsurance renewals.
- 07/23/2020
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AM Best Affirms Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries
- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company (Ireland). Additionally, AM Best has affirmed the Long-Term ICR of "bbb-" of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE], the ultimate holding company. The outlook of these Credit Ratings (ratings) is negative.
- 07/22/2020
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Greenlight Capital Re, Ltd. Announces Date of Annual Meeting of Shareholders
- GRAND CAYMAN, Cayman Islands, July 21, 2020 -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance.
- 07/21/2020
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Hard Market 'Has Legs', Capital Constrained, And Trapping To Come: Barclays Analysts
- The current hard market phase in insurance and reinsurance 'has legs' as the levels of capital remain constrained in both traditional and alternative capital markets.
- 07/21/2020
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Einhorn’s Greenlight Hedge Funds Lose 5% in June, Extending Drop
- (Bloomberg) -- David Einhorn’s hedge funds fell 5% in June as value stocks lagged growth shares in the month.The drop extends Greenlight Capital’s loss for the year to 20.7%, according to an investor update on Tuesday viewed by Bloomberg.The S&P; 500 index gained 1.8% in June, helping to make the quarter the best since 1998 as investors assessed better-than-estimated economic data amid concern over new coronavirus cases and trade relations with China.Einhorn’s value-oriented investment strategy has largely gone against market trends in recent years. He’s still recovering from losses that started in 2015, when his main fund fell 20%, and deepened with a record 34% decline three years later.At the end of May, there was a short-lived pivot toward beaten-down shares as recovery bets mounted. That fizzled in June, with growth stocks again climbing and value losing ground.Greenlight managed $2.6 billion as of Jan. 1, down from $12 billion at its peak.A spokesman for New York-based Greenlight declined to comment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/30/2020
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Double-Digit Reinsurance Price Increases May Extend Into 2021: Fitch
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2020 May See Record $160bn+ Losses, Depending On Covid, Hurricanes: GC
- Insurance and reinsurance market losses from catastrophes and the Covid-19 pandemic already look set to reach somewhere from $100 billion to as much as $160 bil
- 06/27/2020
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Hedge Funds Are Dumping Greenlight Capital Re, Ltd. (GLRE)
- In this article you are going to find out whether hedge funds think Greenlight Capital Re, Ltd. (NASDAQ:GLRE) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]
- 06/15/2020
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Hedge Fund Investing Isn’t Just for the Rich. How Regular Folks Can Try It.
- Alternative reinsurance stocks represent a leveraged bet on the performance of some of the world’s most famous hedge funds.
- 06/02/2020
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71 Biggest Movers From Yesterday
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Einhorn’s Greenlight Hedge Funds Rebound With 7.4% Gain in May
- (Bloomberg) -- David Einhorn’s hedge funds surged 7.4% in May as U.S. stocks rallied.Even with the month’s gain, the Greenlight Capital funds are down 16.6% this year, according to an investor update on Friday viewed by Bloomberg. The rebound came as value stocks, long out of favor, beat out growth shares late in the month.The S&P; 500 index’s 4.5% gain in May was fueled by fresh federal stimulus measures and hopes that global economies are on the mend as lockdowns ease. U.S. states’ jobless rolls shrank for the first time during the coronavirus outbreak, though millions more Americans filed for unemployment benefits.Einhorn’s value approach to investing has mostly been out of step with market trends in recent years. He’s still working to climb out of a hole that started with a 20% loss in 2015 and deepened with his steepest drop ever three years later, when the main fund fell 34%.With this year’s decline, he would need to return about 80% to get back to where he was at the end of 2014. The firm managed $2.6 billion as of Jan. 1, down from $12 billion at its peak.Einhorn told clients in his first-quarter letter that value stocks were poised for a rebound, as the number of cheap equities hit an extreme. He said he hadn’t been this optimistic about opportunities since the 2008 financial crisis.Much of Einhorn’s gains in the month have come from Green Brick Partners Inc., his largest U.S. stock holding at the end of the first quarter. The homebuilder surged 20%.A spokesman for New York-based Greenlight declined to comment.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/29/2020
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David Einhorn Axes GM, Buys Change Healthcare in the 1st Quarter
- Greenlight releases quarterly portfolio amid global coronavirus pandemic Continue reading...
- 05/18/2020
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David Einhorn Axes GM, Buys Change Healthcare in the –st Quarter
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Edited Transcript of GLRE earnings conference call or presentation 6-May-20 1:00pm GMT
- Q1 2020 Greenlight Capital Re Ltd Earnings Call
- 05/13/2020
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Edited Transcript of GLRE earnings conference call or presentation 6-May-20 1:00pm GMT
- Q1 2020 Greenlight Capital Re Ltd Earnings Call
- 05/12/2020
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Greenlight Capital (GLRE) Q1 2020 Earnings Call Transcript
- Thank you for joining the Greenlight Re conference call for the first-quarter 2020 earnings. The company reminds you that forward-looking statements that may be made in this call are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect the company's current expectations, estimates and predictions about future results and events and are subject to risks, uncertainties and assumptions, including those enumerated in the company's Form 10-K/A for the year ended December 31, 2019, and other documents filed by the company with the SEC.
- 05/07/2020
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Greenlight Capital Re Q1 EPS $(1.110) Beats $(1.150) Estimate, Sales $75.945M Down From $158.754M YoY
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Greenlight Re Announces First Quarter 2020 Financial Results
- Net loss per share of $1.11 for the quarterFully diluted book value per share of $11.63 at quarter end Company to Hold Conference Call at 9:00 a.m. ET on Wednesday May 6,.
- 05/05/2020
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Greenlight’s Einhorn Exits GM, Doubts Tesla Board’s Independence
- (Bloomberg) -- Hedge fund manager David Einhorn summed up a five-year investment in General Motors Co. as “a disappointment” and criticized Tesla Inc. for the second time in as many days.Greenlight Capital exited GM because the coronavirus pandemic has eliminated any chance the carmaker will do a minimal share repurchase this year, Einhorn wrote in a letter to investors Friday. A costly 40-day labor strike last year consumed most of the cash flow the automaker would have otherwise generated, he said.“Our hopes that 2020 would finally be the year were dashed,” Einhorn, 51, said of his reaction to GM’s investor day in February. The Detroit-based company’s shares fell 6.2% on Friday and have plunged 43% this year.Einhorn said Greenlight has limited losses from betting against Tesla by using put spreads to short the electric-car maker. He wrote that Tesla’s accounts receivables “remain a source of mystery” a day after questioning Chief Executive Officer Elon Musk about the company’s billing practices on Twitter.Einhorn also blasted Tesla’s board over an arrangement the company disclosed in a regulatory filing Tuesday. The company said it decided not to renew its directors’ and officers’ liability policy for 2019 and 2020 due to “disproportionately high” premiums quoted by insurers. Musk, 48, instead agreed to personally provide coverage for a year.“This creates an obvious conflict of interest that cripples the directors’ ability to curtail Musk’s behavior -- as he can now threaten that if the board brought him down, the insurance may not have value,” Einhorn wrote. “Making the directors so beholden to Musk by definition makes them not independent.”Tesla said in its filing earlier this week that its board had concluded the arrangement with its CEO would not impair the independent judgment of his fellow directors.Hours after Einhorn sent out his letter, Musk sent out more than a dozen tweets in a span of less than a 75 minutes that sent Tesla shares plunging. The stock closed down 10% after the CEO wrote that it was trading too high. He wrote later that he is optimistic about the company in the long term.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/02/2020
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Greenlight talks the longs and shorts of Q1
- Greenlight Capital (NASDAQ:GLRE) posts its Q1 letter to highlight its 21.5% return vs. the 19.6% decline of the S&P 500 Index. David Einhorn and gang lament that seemingly overpriced "story s
- 05/01/2020
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David Einhorn’s Greenlight Exits GM After Five-Year ‘Disappointment’
- (Bloomberg) -- Greenlight Capital, the hedge fund run by David Einhorn, sold out of General Motors Co. after a five-year bet that the slumping investor summed up bluntly as “a disappointment.”The coronavirus pandemic has eliminated any chance GM will do a minimal share repurchase this year, Einhorn wrote
- 05/01/2020
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Einhorn's Greenlight Capital hedge funds slip again in April
- Against the backdrop of U.S. stocks' biggest monthly gain since 1987, David Einhorn's hedge funds lost 1.1% in April.That brings Greenlight Capital funds' performance this year to a 22% decline, Bloom
- 05/01/2020
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Does Market Volatility Impact Greenlight Capital Re, Ltd.'s (NASDAQ:GLRE) Share Price?
- If you're interested in Greenlight Capital Re, Ltd. (NASDAQ:GLRE), then you might want to consider its beta (a measure...
- 05/01/2020
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Bank of America Corp DE Acquires 24,811 Shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Bank of America Corp DE boosted its holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 55.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,561 shares of the financial services provider’s stock after purchasing an additional 24,811 shares during the quarter. […]
- 04/27/2020
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Bank of New York Mellon Corp Purchases 8,115 Shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Bank of New York Mellon Corp raised its position in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 6.9% in the fourth quarter, HoldingsChannel reports. The fund owned 126,231 shares of the financial services provider’s stock after acquiring an additional 8,115 shares during the period. Bank of New York Mellon Corp’s holdings in Greenlight Capital […]
- 04/25/2020
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COVID-19 BI An Existential Threat, Reinsurance Capital Availability Key: Willis Re
- The pressures from the pandemic are likely to push re/insurers to support their capital through de-risking and hedging, making reinsurance capital availability
- 04/24/2020
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Greenlight Capital Re Schedules First Quarter 2020 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, April 23, 2020 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and.
- 04/23/2020
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Greenlight Capital Re Schedules First Quarter 2020 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, April 23, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer...
- 04/23/2020
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Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Sees Large Decrease in Short Interest
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,450,000 shares, a decline of 9.9% from the March 15th total of 1,608,700 shares. Currently, 5.4% of the shares of the stock are sold short. Based on an average […]
- 04/23/2020
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Greenlight Capital Re Schedules First Quarter —…—… Financial Results and Conference Call
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Alliancebernstein L.P. Has $410,000 Stock Holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Alliancebernstein L.P. cut its position in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,505 shares of the financial services provider’s stock after selling 4,240 shares during the quarter. Alliancebernstein L.P. […]
- 04/21/2020
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Does Greenlight Capital Re, Ltd.’s (NASDAQ:GLRE) CEO Salary Reflect Performance?
- Simon Burton became the CEO of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) in 2017. This analysis aims first to contrast...
- 04/17/2020
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Moon Capital Management, LLC Buys Alphabet Inc, Fox Corp, H&R Block Inc, Sells AerCap ...
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BRIEF-Greenlight Re Announces Preliminary Q1 Results
- Greenlight Capital Re Ltd:
- 04/13/2020
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Greenlight Capital Re book values falls 9.2%-10% in Q1
- Greenlight Capital Re (NASDAQ:GLRE) estimates fully diluted book value per share was $11.56-$11.69 at March 31, 2020 vs. $12.88 at Dec. 31, 2019.Estimates Q1 results:Net loss of $38M-$43M, or $1.05-$1
- 04/13/2020
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Greenlight Capital Re sees Q1 EPS ($1.05)-($1.19), one est. ($1.15) GLRE
- Greenlight Capital Re sees Q1 EPS ($1.05)-($1.19), one est. ($1.15) GLRE
- 04/13/2020
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Greenlight Re Announces Preliminary First Quarter 2020 Results
- GRAND CAYMAN, Cayman Islands, April 13, 2020 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a global specialty property and casualty.
- 04/13/2020
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Disruptive With Benefits - Third-Party Capital Still A Threat To Stable Reinsurers, Says A.M. Best
- A.M. Best believes that after the major catastrophe losses of recent years, third-party and ILS capital will now hold the line on reinsurance pricing at renewal
- 04/08/2020
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Greenlight Capital Re rejected takeover bid from Premia, Insurance Insider says GLRE
- Greenlight Capital Re rejected takeover bid from Premia, Insurance Insider says GLRE
- 04/03/2020
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'Premia cash bid for Greenlight Re rejected' -Insurance Insider
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Financial Comparison: Greenlight Capital Re (NASDAQ:GLRE) vs. Horace Mann Educators (NASDAQ:HMN)
- Greenlight Capital Re (NASDAQ:GLRE) and Horace Mann Educators (NYSE:HMN) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, analyst recommendations, institutional ownership and dividends. Analyst Ratings This is a breakdown of recent recommendations and price targets for […]
- 04/03/2020
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BRIEF-Greenlight Capital Re Determined That Best Course Of Action Is To Continue Its Existing Business Plan
- Greenlight Capital Re Ltd:
- 04/02/2020
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Greenlight Capital Re determines to continue existing business plan GLRE
- Greenlight Capital Re determines to continue existing business plan GLRE
- 04/02/2020
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Greenlight Capital Re expands share repurchase program to 5M shares GLRE
- Greenlight Capital Re expands share repurchase program to 5M shares GLRE
- 04/02/2020
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Greenlight Capital Re decides to go it alone, buy back stock
- After a review of strategic transactions alternatives, Greenlight Capital Re's (GLRE +0.8%) board won't pursue a transaction with a third party.The board "determined that at this time stockholder
- 04/02/2020
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BRIEF-Greenlight Capital Announces Completion Of Strategic Review And Securities Repurchase Authorization
- Greenlight Capital Re Ltd:
- 04/02/2020
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GREENLIGHT CAPITAL RE, LTD. ANNOUNCES COMPLETION OF STRATEGIC REVIEW AND SECURITIES REPURCHASE AUTHORIZATION
- After a thorough and rigorous process conducted by the Board with the assistance of Credit Suisse Securities (USA) LLC, the Company determined that the best course of action is to continue its existing business plan. The Board also expanded the Company’s share repurchase program of Class A Ordinary Shares from 2.5 million to 5.0 million Class A Ordinary shares through June 30, 2021.
- 04/02/2020
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COVID-19 Macro-Economic Hit The Main Property Reinsurance Driver: Aon
- Aon explains that property reinsurance contracts would be largely expected to follow the fortunes of cedents, rather than being exposed specifically to any part
- 04/02/2020
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Covid-19 Expected To Slow Mortgage ILS Issuance, Say Analysts
- The rapid growth of mortgage insurance-linked securities (ILS) issuance witnessed over the past five years is expected to slow as a result of uncertainty caused
- 04/02/2020
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Greenlight Capital Re (NASDAQ:GLRE) Rating Increased to Strong-Buy at ValuEngine
- Greenlight Capital Re (NASDAQ:GLRE) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday, ValuEngine reports. Separately, BidaskClub raised Greenlight Capital Re from a “strong sell” rating to a “sell” rating in a report on Saturday, February 22nd. Shares of GLRE opened […]
- 04/02/2020
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Greenlight Capital Re (NASDAQ:GLRE) Trading Up 2.5%
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE)’s stock price was up 2.5% on Wednesday . The stock traded as high as $5.97 and last traded at $6.06, approximately 4,946 shares changed hands during trading. A decline of 99% from the average daily volume of 370,503 shares. The stock had previously closed at $5.91. Separately, BidaskClub upgraded Greenlight […]
- 03/27/2020
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Edited Transcript of GLRE earnings conference call or presentation 10-Mar-20 1:00pm GMT
- Q4 2019 Greenlight Capital Re Ltd Earnings Call
- 03/26/2020
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Edited Transcript of GLRE earnings conference call or presentation 10-Mar-20 1:00pm GMT
- Q4 2019 Greenlight Capital Re Ltd Earnings Call
- 03/26/2020
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Global Reinsurance, U.S. P&C Outlooks Negative On Coronavirus: Fitch
- The fundamentals or sector outlook for the reinsurance market and U.S. P&C insurers have both been revised to negative from stable by the rating agency. On the
- 03/25/2020
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Do Directors Own Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Shares?
- The big shareholder groups in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) have power over the company. Generally...
- 03/22/2020
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No Coronavirus Contagion For The Catastrophe Bond Market: Seo
- Commenting in a recent communication to his investors on the coronavirus outbreak, its effects on global financial markets and whether that has affected catastr
- 03/19/2020
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Charles Schwab Investment Management Inc. Has $1.82 Million Stock Holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Charles Schwab Investment Management Inc. raised its holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 179,636 shares of the financial services provider’s stock after purchasing an additional 2,023 shares during the quarter. Charles […]
- 03/19/2020
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Barclays PLC Grows Stake in Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Barclays PLC raised its stake in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 164.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,401 shares of the financial services provider’s stock after acquiring an additional 24,506 shares during the period. Barclays […]
- 03/16/2020
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Reinsurance Underwriting Uneconomical For Some Without More Rate Rises
- The disappearance of abundant pillared retrocessional reinsurance products from the market with the demise of Markel CATCo has hurt some Lloyd's syndicates that
- 03/13/2020
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Stocks That Hit 52-Week Lows On Thursday
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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Greenlight Capital Re (NASDAQ:GLRE) Shares Down 12.8% on Disappointing Earnings
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE)’s share price was down 12.8% during trading on Tuesday after the company announced weaker than expected quarterly earnings. The stock traded as low as $7.15 and last traded at $7.26, approximately 531,370 shares traded hands during trading. An increase of 94% from the average daily volume of 273,559 shares. The […]
- 03/11/2020
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Greenlight Capital Re (NASDAQ:GLRE) & ProAssurance (NASDAQ:PRA) Critical Comparison
- Greenlight Capital Re (NASDAQ:GLRE) and ProAssurance (NYSE:PRA) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, earnings, analyst recommendations, institutional ownership, valuation, dividends and profitability. Valuation and Earnings This table compares Greenlight Capital Re and ProAssurance’s revenue, earnings per share […]
- 03/11/2020
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Greenlight Capital (GLRE) Q4 2019 Earnings Call Transcript
- GLRE earnings call for the period ending December 31, 2019.
- 03/11/2020
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q4 2019 Results - Earnings Call Transcript
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2019 Earnings Conference Call March 10, 2020 09:00 ET Company Participants Simon Burton - Chief Executive Officer D
- 03/10/2020
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David Einhorn Grilled on Greenlight Re Slump While Review Drags On
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Greenlight Capital Re CEO says has identified 'variety' of potential options GLRE
- Greenlight Capital Re CEO says has identified 'variety' of potential options GLRE
- 03/10/2020
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Greenlight Capital Re Ltd. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / March 10, 2020 / Greenlight Capital Re Ltd. (NASDAQ:GLRE) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 10, 2020 at ...
- 03/10/2020
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BRIEF-Greenlight Capital Re Ltd Reports Q4 Loss Per Share Of $0.84
- Greenlight Capital Re Ltd:
- 03/09/2020
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Greelight Capital Re Q4 loss narrows from a year ago
- Greenlight Capital Re (NASDAQ:GLRE) Q4 net loss attributable to common shareholders of $30.3M, or 84 cents per share, narrowed from a loss of $80.8M, or $2.25 per share, in the year-ago quarter.Q4 201
- 03/09/2020
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Greenlight Capital Re FY19 EPS $(0.11) Up From $(9.74) YoY, Book Value $12.88/Share, Down 1.7% From FY18
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Greenlight Re Announces Fourth Quarter and Year End 2019 Financial Results
- Decrease in fully diluted book value per share of 1.7% for the year to $12.88;Fully diluted net loss per share of $0.11 for the year Company to Hold Conference Call at 9:00.
- 03/09/2020
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Greenlight Re AnnouncesFourth Quarter and Year End 2019 Financial Results
- Decrease in fully diluted book value per share of 1.7% for the year to $12.88;Fully diluted net loss per share of $0.11 for the year Company to Hold...
- 03/09/2020
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Greenlight Capital Re reports Q4 EPS (84c), one estimate (15c) GLRE
- Greenlight Capital Re reports Q4 EPS (84c), one estimate (15c) GLRE
- 03/09/2020
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Earnings Scheduled For March 9, 2020
- Companies Reporting Before The Bell
Thor Industries, Inc. (NYSE: THO) is expected to report quarterly earnings at $0.69 per share on revenue of $1.82 billion.
Sogou Inc. (NYSE...
- 03/09/2020
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Quantitative Systematic Strategies LLC Acquires Shares of 10,108 Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Quantitative Systematic Strategies LLC acquired a new stake in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,108 shares of the financial services provider’s stock, valued at approximately $102,000. Other institutional investors have also made […]
- 03/08/2020
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28,240 Shares in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Bought by Chicago Equity Partners LLC
- Chicago Equity Partners LLC bought a new position in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) in the fourth quarter, HoldingsChannel reports. The fund bought 28,240 shares of the financial services provider’s stock, valued at approximately $286,000. A number of other institutional investors have also recently bought and sold shares of the business. Poehling Capital Management LLC […]
- 03/08/2020
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Imagine Owning Greenlight Capital Re (NASDAQ:GLRE) And Trying To Stomach The 74% Share Price Drop
- Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...
- 03/02/2020
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California Public Employees Retirement System Boosts Holdings in Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- California Public Employees Retirement System grew its position in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 26.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,840 shares of the financial services provider’s stock after purchasing an additional 10,000 shares during the period. California […]
- 03/02/2020
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Greenlight Capital Re (GLRE) Scheduled to Post Quarterly Earnings on Monday
- Greenlight Capital Re (NASDAQ:GLRE) will be announcing its earnings results after the market closes on Monday, March 9th. Investors that wish to listen to the company’s conference call can do so using this link. Shares of NASDAQ GLRE opened at $8.44 on Monday. The firm has a 50-day simple moving average of $9.50 and a […]
- 03/02/2020
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How Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Can Impact Your Portfolio Volatility
- If you own shares in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) then it's worth thinking about how it contributes to...
- 02/24/2020
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BidaskClub Upgrades Greenlight Capital Re (NASDAQ:GLRE) to "Sell"
- Greenlight Capital Re (NASDAQ:GLRE) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Saturday, BidAskClub reports. NASDAQ GLRE opened at $9.47 on Friday. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 0.18. The […]
- 02/24/2020
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Hartford Financial Services Group (NYSE:HIG) versus Greenlight Capital Re (NYSE:GLRE) Head-To-Head Review
- Hartford Financial Services Group (NYSE:HIG) and Greenlight Capital Re (NASDAQ:GLRE) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, profitability and dividends. Volatility & Risk Hartford Financial Services Group has a beta of 0.6, suggesting […]
- 02/21/2020
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What Are Top Hedge Funds Buying and Avoiding? Here Are Some Answers
- The year-end 2019 SEC 13F filings can give investors insight into where some of the world's top investors are putting their money. And a review of these disclosures turns up some clear investing trends.
- 02/21/2020
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Tracking David Einhorn's Portfolio - Q4 2019 Update
- David Einhorn's 13F stock portfolio value decreased from $1.39B to $1.35B this quarter. Greenlight added DXC Technology while dropping Dillard’s and Voya Financ
- 02/19/2020
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Greenlight Capital Reschedules Fourth Quarter and Year End 2019 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Feb. 18, 2020 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland,.
- 02/18/2020
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Greenlight Capital Re Schedules Fourth Quarter and Year End 2019 Financial Results and Conference Call
- GRAND CAYMAN, Cayman Islands, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer...
- 02/18/2020
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Greenlight Capital Reschedules Fourth Quarter and Year End —…–9 Financial Results and ...
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Otter Creek Advisors, LLC Buys Quanta Services Inc, Halliburton Co, BP PLC, Sells Charles ...
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New Vernon Investment Management Llc Buys Radian Group Inc, Essent Group, Athene Holding, Sells ...
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Contrasting Greenlight Capital Re (NASDAQ:GLRE) & Palomar (NASDAQ:PLMR)
- Greenlight Capital Re (NASDAQ:GLRE) and Palomar (NASDAQ:PLMR) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, risk, valuation, institutional ownership, profitability, analyst recommendations and dividends. Insider and Institutional Ownership 50.4% of Greenlight Capital Re shares are owned by institutional investors. […]
- 02/01/2020
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Suncorp Says 'Unprecedented' Catastrophes Will Drive Reinsurance Recoveries
- Australian primary insurance giant Suncorp has referred to an unprecedented start to the season for catastrophe losses this morning, saying that it now expects
- 01/31/2020
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Clear Harbor Asset Management LLC Sells 40,700 Shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
- Clear Harbor Asset Management LLC reduced its position in shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) by 47.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,162 shares of the financial services provider’s stock after selling 40,700 shares during the quarter. Clear Harbor Asset […]
- 01/31/2020
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Australia Bushfires The Costliest Ever At A$1.65bn (US $1.13bn) Insured Loss
- The ongoing outbreak of bushfires in Australia is now said to be the costliest example from an insurance and reinsurance market loss perspective, as the latest
- 01/30/2020
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Those Who Purchased Greenlight Capital Re (NASDAQ:GLRE) Shares Five Years Ago Have A 68% Loss To Show For It
- Statistically speaking, long term investing is a profitable endeavour. But unfortunately, some companies simply don't...
- 01/27/2020
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Significant Catastrophe Bond Issuance Expected In 2020: Aon
- While Aon estimates that ultimate catastrophe bond losses from recent catastrophe events may reach US $1 billion, this has largely been experienced in Florida-s
- 01/24/2020
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Trapped ILS Capital Falls Slightly, Overall Reinsurance Capital Rises: Hyperion X
- The amount of insurance-linked securities capital and collateral that is still trapped after recent catastrophe loss years has fallen only slightly, as some cat
- 01/20/2020
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Trapped ILS Capital And Lack Of Retro Not As Big A Renewal Issue As Expected
- As the January 2020 reinsurance renewals fast approached, the two issues of trapped ILS capital and dented retrocessional capacity proved not to be as big or im
- 01/17/2020
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Australian Bushfire Claims Rise 43% To A$1.34bn (US$925)
- The ongoing Australian bushfire disaster could now become the most costly on record. Estimated insurance claims rose by another 43% to reach A$1.34 billion (aro
- 01/16/2020
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Suncorp Reveals Bushfire Losses, Drop-Down And Aggregate Reinsurance At Risk
- Market losses from the Australian bushfires reached A$700 million as of January 7th, with that figure expected to increase, perhaps significantly, in the coming
- 01/10/2020
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Is Greenlight Capital Re, Ltd.'s (NASDAQ:GLRE) CEO Overpaid Relative To Its Peers?
- In 2017 Simon Burton was appointed CEO of Greenlight Capital Re, Ltd. (NASDAQ:GLRE). This analysis aims first to...
- 01/01/2020
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Is Greenlight Capital Re, Ltd. (GLRE) Going to Burn These Hedge Funds?
- Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
- 12/13/2019
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Reinsurers' Glory Days Are Over, As Dependence On ILS Increases: A.M. Best
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NeuBase Therapeutics up 30% on Alnylam approval
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Otter Creek Advisors, LLC Buys L'Harris Technologies Inc, Aon PLC, Jacobs Engineering Group ...
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Mangrove Partners Buys SRC Energy Inc, Iovance Biotherapeutics Inc, SunCoke Energy Inc, Sells ...
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Reinsurers Unimpressed On Rates So Far, Forecast Acceleration Into 2020
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Edited Transcript of GLRE earnings conference call or presentation 7-Nov-19 2:00pm GMT
- Q3 2019 Greenlight Capital Re Ltd Earnings Call
- 11/12/2019
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UPDATE 1-Tesla's Musk, Greenlight's Einhorn taunt each other on Twitter
- Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language. Einhorn on Oct. 30 had told his investors at Greenlight Capital that his fund had lost money on Tesla.
- 11/08/2019
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Musk Vs. Einhorn: Tesla CEO Offers Hedge Fund Manager A Pair Of Short Shorts
- Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk on Friday lashed out at Greenlight Capital hedge fund manager and long-time Tesla short seller David Einhorn. Musk’s Letter In an open letter to Einhorn, Musk alleges ...
- 11/08/2019
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Tesla's Musk, Greenlight's Einhorn taunt each other on Twitter
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Is Greenlight Capital Re, Ltd. (GLRE) A Good Stock To Buy?
- "Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
- 11/07/2019
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Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q3 2019 Results - Earnings Call Transcript
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Greenlight Capital Re Q3 EPS $0.14 Misses $0.15 Estimate, Sales $138.19M Beat $133.7M Estimate
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Greenlight Re Announces Third Quarter 2019 Financial Results
- Increase in fully diluted book value per share of 4.4% for the year; Fully diluted net income per share of $0.14 for the third quarter of 2019 Company to Hold Conference Call.
- 11/06/2019
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Greenlight Capital reports Q3 results
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Tesla Stock Gains Dim Einhorn’s Greenlight
- Tesla stock has risen 23% since the company's October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.
- 11/01/2019
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Greenlight Capital reportedly rejected cash bid
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Greenlight Capital Re Schedules Third Quarter —…–9 Financial Results and Conference Call
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Greenlight Capital Re: De-Risked Portfolio Limits Upside
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Reinsurance Prices To Be Flat To Moderately Rising In 2020: Moody's
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Insurance Resilience Improved, But Record Protection Gaps Remain: Swiss Re
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Expect More Re/insurance And ILS Convergence Through M&A: S&P
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NFC Investments, LLC Buys Home BancShares Inc, Select Interior Concepts Inc, Adams Diversified ...
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85 Biggest Movers From Yesterday
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Greenlight Capital Re shares are trading higher after the company reported better-than-expected Q2 EPS and sales results.
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Greenlight Capital Re Q2 EPS $0.42 Beats $0.4 Estimate, Sales $140.35M Beat $128.5M Estimate
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Stocks That Set New 52-Week Lows Friday Morning
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No Reason To Buy Greenlight Capital Re Now
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Einhorn bets against corporate debt - Bloomberg
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Greenlight Capital Re Schedules Second Quarter —…–9 Financial Results and Conference Call
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Majority Of ILS Advisers Tracked Funds Negative In May 2019. Index Falls To -1.13%
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Alternative Capital Shrank On Collateralized Reinsurance Losses In Q1 2019: Aon
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Higher Risk-Free Rate Boosts ILS Investment Returns
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Alternative Capital Not Hindering Munich Re's Cyber Growth (Yet)
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As Reinsurers Hold Ground On Rates, Insurers May Turn To ILS: A.M. Best
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Reinsurance Well-Capitalised Despite Lack Of ILS Inflows, Retro Not So Much
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Third Point Re - Less Hedge Fund Investing, More Catastrophe Underwriting
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Greenlight Capital Re: Tesla Brings Einhorn From Hero To Zero And Back
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To Succeed In Asia, The ILS Market Must Be Less U.S.-Shaped: Kershaw, Peak Re
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U.S. Severe Weather And Hail Drove Billion-Plus Insured Losses In April: Aon
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ILW Market Dynamics Offer Attractive Investment Potential
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Greenlight Capital (GLRE) Q1 2019 Earnings Call Transcript
- GLRE earnings call for the period ending March 31, 2019.
- 05/08/2019
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72 Biggest Movers From Yesterday
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64 Stocks Moving In Tuesday's Mid-Day Session
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Greenlight Capital Re Q1 EPS $0.16 Up From $(3.85) YoY, Net Premiums Earned $125.362M Beat $121.4M Estimate, Adj. Book Value $13.16/Share vs $18.35 In Same Qtr. Last Year
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Too Early To Tell How AOB Reform Will Affect Reinsurance Pricing: Universal CEO
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Alternative Capital Up, Traditional Down, As Reinsurer Profits Shrink Again
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Lower Cats, Higher Attrition, Man-Made Losses And Creep To Dent Q1: Goldman Sachs
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Rational, Sometimes Substantial, Rates Seen At April Renewals: Willis Re
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Watford Re IPOs On Nasdaq At Discount To Book Value
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NFIP Shift To Risk-Based Pricing A Boon For Private Markets (And Derisking)?
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True Diversification Matters In Portfolio Construction. ILS One Of The Best: Natixis
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Still Work For ILS Players To Do On Market Share In Japan, Analysts Say
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ILS Funds Achieve 0.51% January 2019 Return Despite Continued Loss Creep
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Greenlight Capital Re: Einhorn Will Be The Comeback Kid Of 2019
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Alleghany CEO Warns Re/insurers Not To Chase The ILS Tail (Risk)
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Einhorn's hedge fund focuses on fewer, higher-conviction names
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