Greenlight Capital Re

As of June 30, 2026, Greenlight Capital managed U.S. equities worth around $3.91 billion, with the top ten positions accounting for 52.84% of the portfolio. Top holding remained Green Brick Partners with 9,467,383 shares (19.39% of the portfolio). New to the top ten are Fortune Brands and Centene; Fluor, Core Natural Resources, PG&E and others remained core holdings with some adjusted share counts. » Altro su finanzen.net

Greenlight Capital Re posted a Q2 net loss of $29.6 million ($0.89 per diluted share) as a $23.8 million investment loss in its Solasglas portfolio and $25 million of cumulative reserves for Middle East conflict and a Qatar refinery explosion pushed the combined ratio to 100.1%. The innovation segment delivered a $2.6 million underwriting profit with an 89.7% combined ratio, while gross written premiums rose 2% and net written premiums fell 11% amid reduced net exposure. Management said Middle East exposure is declining but loss estimates remain highly uncertain; the company repurchased $18.1 million of shares during and after the quarter and ended Q2 with $20.61 diluted book value per share. » Altro su finance.yahoo.com

Greenlight Capital Re reported Q1 net income of $35.8 million and a 4.7% rise in fully diluted book value per share to $21.40, supported by a 6.8% return in its Solasglas investment portfolio and underwriting income that produced a 96.0% combined ratio (including a $5 million provision tied to the Middle East conflict). Open-market re-net written premiums fell 22.7% to $151.3 million as management stayed disciplined amid softening reinsurance rates, while the Innovation segment grew gross written premiums 73% to $47.6 million but recorded an underwriting loss with a 102.3% combined ratio. The company repurchased about $14.5 million of shares year-to-date and authorized a new $40 million buyback program, with net Solasglas exposure near 41% at quarter-end. » Altro su finance.yahoo.com