Last $33.14 USD
Change Today -0.25 / -0.75%
Volume 67.1K
GLRE On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

greenlight capital re ltd-a (GLRE) Snapshot

Open
$33.51
Previous Close
$33.39
Day High
$33.51
Day Low
$33.13
52 Week High
09/4/14 - $35.18
52 Week Low
02/7/14 - $29.97
Market Cap
1.2B
Average Volume 10 Days
119.6K
EPS TTM
$-0.64
Shares Outstanding
31.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GREENLIGHT CAPITAL RE LTD-A (GLRE)

greenlight capital re ltd-a (GLRE) Related Businessweek News

No Related Businessweek News Found

greenlight capital re ltd-a (GLRE) Details

Greenlight Capital Re, Ltd., through its subsidiaries, operates in the property and casualty reinsurance business in the United States and internationally. The company’s frequency business includes contracts containing smaller losses emanating from multiple events and enables the clients to increase their own underwriting capacity; and severity business comprises contracts with the potential for significant losses emanating from one event or multiple events. It provides various aviation, energy, commercial, motor physical damage, and personal; general, marine, motor, and professional liability; and financial, health, and worker’s compensation products. The company sells its products primarily through reinsurance brokers and specialist service providers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is based in Grand Cayman, the Cayman Islands.

30 Employees
Last Reported Date: 02/18/14
Founded in 2004

greenlight capital re ltd-a (GLRE) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $675.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $570.5K
Chief Underwriting officer
Total Annual Compensation: $493.1K
Compensation as of Fiscal Year 2013.

greenlight capital re ltd-a (GLRE) Key Developments

Greenlight Capital Re, Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Greenlight Capital Re, Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported gross premiums written of $97,200,000 compared to $148,765,000 a year ago. Net premiums written were $94,494,000 compared to $146,376,000 a year ago. Net premiums earned were $79,491,000 compared to $163,891,000 a year ago. Total revenues were $25,442,000 compared to $213,338,000 a year ago. Loss before income tax expense was $53,391,000 compared to profit before tax of $58,366,000 a year ago. Net loss was $51,768,000 or $1.40 per diluted share compared to net income of $56,536,000 or $1.50 per diluted share a year ago. For the nine months, the company reported gross premiums written of $249,755,000 compared to $410,927,000 a year ago. Net premiums written were $238,350,000 compared to $410,002,000 a year ago. Net premiums earned were $279,035,000 compared to $406,362,000 a year ago. The decrease in premiums earned is primarily due to the non renewal of a private passenger automobile contract which was terminated at the end of 2013. Total revenues were $329,191,000 compared to $541,096,000 a year ago. Income before income tax expense was $49,585,000 compared to $147,566,000 a year ago. Net income was $48,904,000 or $1.29 per diluted share compared to $141,769,000 or $3.78 per diluted share a year ago. Fully diluted adjusted book value per share was $29.16 as of September 30, 2014, a 13.5% increase from $25.70 per share as of September 30, 2013.

Greenlight Capital Re, Ltd., Q3 2014 Earnings Call, Nov 04, 2014

Greenlight Capital Re, Ltd., Q3 2014 Earnings Call, Nov 04, 2014

Greenlight Capital Re, Ltd. to Report Q3, 2014 Results on Nov 03, 2014

Greenlight Capital Re, Ltd. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 03, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GLRE:US $33.14 USD -0.25

GLRE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Argo Group International Holdings Ltd $55.69 USD +0.51
Aspen Insurance Holdings Ltd $44.34 USD -0.07
Endurance Specialty Holdings Ltd $60.00 USD +0.40
Montpelier Re Holdings Ltd $36.07 USD -0.07
Platinum Underwriters Holdings Ltd $73.70 USD +0.05
View Industry Companies
 

Industry Analysis

GLRE

Industry Average

Valuation GLRE Industry Range
Price/Earnings 5.2x
Price/Sales 1.6x
Price/Book 1.1x
Price/Cash Flow 5.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GREENLIGHT CAPITAL RE LTD-A, please visit www.greenlightre.ky. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.