Greenlight Capital Re — Third Quarter 2026 Earnings Summary

Greenlight Capital Re reported a net income of $3.2 million for the third quarter of 2026, or $0.10 per diluted share, compared to a net loss of $4.4 million in the same period the previous year. The company achieved a combined ratio of 90.5% for the quarter, driven by a relatively benign catastrophe environment and favorable development on Middle East-related exposures. During the quarter, Greenlight Re repurchased $8.0 million of ordinary shares at an average cost of $15.77 per share, while fully diluted book value per share increased 0.8% to $20.78. For the nine months ended September 30, 2026, the company generated net income of $9.4 million and repurchased a total of $27.2 million in shares.