Greenlight Re Q3 combined ratio worsens to 115.3% as expenses jump

03 November 2022

Hedge fund reinsurer Greenlight Re has posted a Q3 combined ratio of 115.3%, a deterioration of six points year on year, as its expense ratio worsened by 10.1 points.

The company booked operating losses per share of $0.56, deepening by 33.3% from the same period last year.

Greenlight Re disclosed a net underwriting loss of $18.9mn

Enter your e-mail to claim a free trial: