Greenlight Re swings to $42mn Q4 profit as investment recovers
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Greenlight Re swings to $42mn Q4 profit as investment recovers

Anna Sagar
11 March 2021
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Greenlight Re reported net profit of $42mn in the fourth quarter, compared with a $30.3mn loss in Q4 2019, with the recovery driven by an investment gain from one particular fund.

The company reported investment income of $48.4mn, which included a $38.5mn gain from its investment in the Solasglas fund.

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