November 26, 2020

Greenlight Capital Re posts 3Q profit

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AP From Yahoo News

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

The Grand Cayman, 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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