Greenlight Re posts improved underwriting performance with FY23 CoR of 94.5%

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Reinsurance News - Mar 06, 2024

Greenlight Capital Re, Ltd. has reported a Q4 2023 combined ratio of 91.4% compared to 94.2% in the prior year quarter, as the current-year loss ratio improved by 3.8% to 54.7% driven by improved pricing on the in-force underwriting book. The reinsurer’s net underwriting income hit $11.8 milli...

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