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AI brief of an SEC Form 8-K · GREENLIGHT CAPITAL RE, LTD. (GLRE)

Greenlight Re posts Q3 net income of $3.2 million; net premiums earned fall 7%

Mixed Impact 3 of 5 earnings Written later

Greenlight Re reported third-quarter 2026 net income of $3.2 million, or $0.10 per diluted share, compared with a net loss of $4.4 million a year earlier, but net premiums earned fell 7% to $153.4 million and the combined ratio rose to 90.5% from 86.6%. Nine-month net income fell to $9.4 million from $25.6 million. The company also agreed to repurchase shares from a trust affiliated with Chairman David Einhorn, and director Joseph Platt will retire effective December 31, 2026.

Key points

  • Q3 2026 net income $3.2 million ($0.10 per diluted share) vs. net loss of $4.4 million ($0.13 per share) in Q3 2025
  • Nine months net income $9.4 million ($0.28 per diluted share) vs. $25.6 million ($0.74) a year earlier; combined ratio 95.6% vs. 95.4%
  • Oct. 30, 2026 agreement with the David M. Einhorn 2021-07 Family Trust covers 33% of open-market repurchases from Nov. 5, 2026 to March 1, 2027, with closing expected on or about March 5, 2027
  • Joseph Platt retires as director of both companies effective December 31, 2026, with no disagreement cited

The filing

CompanyGREENLIGHT CAPITAL RE, LTD. (GLRE)
Form8-K, current report
Filed with the SECNov 2, 2026, 4:15 PM ET
Accession number0001385613-26-000138

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.