Greenlight Re’s Q1’25 net income rises despite catastrophes driving underwriting loss

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Reinsurance News - May 08, 2025

Reinsurer Greenlight Re’s net income increased to $29.6 million in the first quarter of 2025, as a stronger investment result more than offset a $7.8 million underwriting loss amid elevated losses from catastrophes. Greenlight Re’s underwriting performance weakened compared to the prior year,...

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