Short answer
GREENLIGHT CAPITAL RE, LTD. (GLRE) filed its Q3 2025 10-Q quarterly report on Nov 3, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $146M (down 22.3% year over year) with net income of −$4M.
Q3 2025 key financials · XBRL
- Revenue
- $146M
- −22.3% YoY · −8.8% QoQ
- Net income
- −$4M
- −112.5% YoY · −1438.9% QoQ
- EPS (diluted)
- −$0.13
- −112.9% YoY · −1400.0% QoQ
Source: XBRL data from the GREENLIGHT CAPITAL RE, LTD. (GLRE) Q3 2025 10-Q on SEC EDGAR. USD.
GREENLIGHT CAPITAL RE, LTD. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue: net premiums earned $165.4M vs $151.9M, up 8.9% YoY
- Profitability: net loss $4.4M vs $35.2M income; combined ratio 86.6% vs 95.9%
- Best segment: Open Market underwriting income $22.2M vs $6.9M; combined ratio 84.5% vs 94.5%
- Worst segment: Innovations pretax loss $11.3M vs $1.1M income; combined ratio 96.7% vs 93.6%
- Cash and investments: total investment loss $17.4M vs $30.3M income; Solasglas return 3.2% loss vs 5.2% gain
- Outlook: increased reinsurance competition pressuring headline rates; inflation, trade policies, and economic volatility remain headwinds
Risk Factors
- No risk factors provided; submitted text covers Items 2–6 rather than the Risk Factors section
- Liquidity risk: $2.0 million share repurchases reduced authorization to $23,000,012
- Regulatory compliance: Rule 10b5-1 and insider-trading disclosures reported no arrangements during the quarter
- Credit risk: First Amendment to CIBC Bank USA Credit Agreement filed as Exhibit 10.1
- Financing exposure: Citibank Europe facility documentation filed as Exhibits 10.2 and 10.3
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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