Greenlight Re reports stronger Q1’24 CoR as underwriting income rises

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Reinsurance News - May 09, 2024

Greenlight Capital Re, Ltd. has reported a 98% combined ratio for Q1 2024 compared to 99.8% in Q1 2023, as the firm’s underwriting income increased to $3.4 million from $0.4 million. The current-year catastrophe losses, including the Baltimore bridge incident, added 7.7% to the firm’s co...

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