{"id":1026,"date":"2025-11-04T08:00:13","date_gmt":"2025-11-04T09:00:13","guid":{"rendered":"http:\/\/www.ateliersfurrer.com\/?p=1026"},"modified":"2025-11-04T13:30:42","modified_gmt":"2025-11-04T13:30:42","slug":"greenlight-re-posts-record-low-cor-in-q325-though-investment-portfolio-falters","status":"publish","type":"post","link":"http:\/\/www.ateliersfurrer.com\/index.php\/2025\/11\/04\/greenlight-re-posts-record-low-cor-in-q325-though-investment-portfolio-falters\/","title":{"rendered":"Greenlight Re posts record-low CoR in Q3\u201925, though investment portfolio falters"},"content":{"rendered":"

Greenlight Capital Re has reported Q3 2025 net underwriting income of $22.3 million, up sharply from $6.1 million a year earlier, as the combined ratio improved to a record low of 86.6%.<\/p>\n

\"\"Meanwhile, the firm\u2019s gross premiums written in Q3 2025 rose 9.5% to $184.4 million, and net premiums earned increased 8.9% to $165.4 million.<\/p>\n

Greg Richardson, Chief Executive Officer of Greenlight Re, commented, \u201cWe are pleased with our third quarter 2025 underwriting results, which resulted in a combined ratio of 86.6%, the lowest in the Company\u2019s history.<\/p>\n

\u201cWe demonstrated our ability to achieve strong margins, supported by robust performance in our underwriting book and favourable catastrophe loss activity.<\/p>\n

\u201cThese results underscore the effectiveness of our strategy, the quality of our risk selection, and our performance-driven culture.\u201d<\/p>\n

\n
\"Ascot<\/a><\/div>\n<\/div>\n

Despite stronger underwriting results, Greenlight Re reported a total investment loss of $17.4 million in Q3 2025, compared with investment income of $30.3 million a year earlier, resulting in a net loss of $4.4 million for the quarter.<\/p>\n

On this, David Einhorn, Chairman of the Board of Directors, said, \u201cThe investment environment remains difficult for our style, and the Solasglas investment portfolio lost 3.2% during the third quarter.<\/p>\n

\u201cOur long positions did not keep up with a strong equity market, while our short positions hurt our overall results. The Company\u2019s best-ever underwriting result helped offset the weak investment results, and we continued to buy back our stock at an attractive price.\u201d<\/p>\n

For the nine months ended September 30, 2025, Greenlight Re reported gross premiums written of $612.0 million, up 10.3% from the same period in 2024.<\/p>\n

Net premiums earned rose 5.0% to $495.5 million, while net underwriting income more than doubled to $22.6 million from $9.8 million a year earlier.<\/p>\n

The combined ratio improved to 95.4% from 97.9%, reflecting stronger underwriting performance, though a sharp decline in total investment income to $15.3 million from $77 million in the prior-year period resulted in a lower net income of $25.6 million, compared with $70.2 million in 2024.<\/p>\n

The post Greenlight Re posts record-low CoR in Q3\u201925, though investment portfolio falters<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Greenlight Capital Re has reported Q3 2025 net underwriting income of $22.3 million, up sharply from $6.1 million a year earlier, as the combined ratio improved to a record low of 86.6%. Meanwhile, the firm\u2019s gross premiums written in Q3…<\/p>\n","protected":false},"author":1,"featured_media":1028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1026"}],"collection":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/comments?post=1026"}],"version-history":[{"count":3,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1026\/revisions"}],"predecessor-version":[{"id":1030,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/posts\/1026\/revisions\/1030"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media\/1028"}],"wp:attachment":[{"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/media?parent=1026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/categories?post=1026"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ateliersfurrer.com\/index.php\/wp-json\/wp\/v2\/tags?post=1026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}