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Greenlight Capital Re posts 3Q profit

AP From Yahoo News

GRAND CAYMAN, Cayman Islands (AP) _ Greenlight Capital Re Ltd. (GLRE) on Monday reported third-quarter earnings of $19.9 million.

The Grand Cayman, Cayman Islands-based company said it had net income of 53 cents per share.

The property and casualty reinsurance service provider posted revenue of $236.1 million in the period.

Greenlight Capital Re shares have decreased roughly 2 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.40, an increase of 13 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLRE at https://www.zacks.com/ap/GLRE

For more on this story go to: https://uk.news.yahoo.com/greenlight-capital-posts-3q-profit-211528731.html

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