Greenlight Re’s Q2’24 underwriting profit declines on US SCS losses

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Reinsurance News - Aug 07, 2024

Greenlight Capital Re, Ltd. has reported a dip in its combined ratio to 99.8% for the second quarter of 2024 compared to 96.2% a year earlier, as underwriting income decreased by $5.1 million year-on-year amid elevated losses from severe convective storms (SCS) in the US. The Cayman Islands domicile...

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