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Greenlight Capital Re posts Q3 net income of $3.2M with strong underwriting and $8M share buybacks

Company Fundamentals
02 Nov 2026, 23:10 WIB
GlobeNewsWire
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Bullish
Greenlight Capital Re posts Q3 net income of $3.2M with strong underwriting and $8M share buybacks

Greenlight Capital Re reported a net income of $3.2 million for Q3 2026, rebounding from a loss the previous year, driven by strong underwriting results with a 90.5% combined ratio. Gross premiums written slightly declined by 1%, while the company repurchased $8 million of its shares during the quarter, boosting fully diluted book value per share by 0.8% to $20.78. Despite a challenging investment environment, the firm's conservative reserving and underwriting discipline helped maintain profitability. The company plans to discuss these results further in an upcoming earnings call.

Greenlight Capital Re's Q3 2026 financial results provide context for readers, with Pluang's snapshot as of Nov 03, 2026 03:21 WIB showing 113 of 142 Financials-sector US stocks rose while 29 fell. Notable movers include HUT at USD 55.36 with a 6.80% decline and 100% sell order activity, UPST at USD 21.52 down 6.52% but with 100% buy order activity, and CLSK at USD 7.22 down 5.68% with 100% buy order activity. The most notable figure is the 113 rising stocks out of 142 in the sector.

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