Greenlight Re swings to $42mn Q4 profit as investment recovers
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

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

Anna Sagar
March 11, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Greenlight_re_logo_cayman_islands_2021.png

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 Solasgas fund.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsGreenlight CapitalILSTreaty Reinsurance
AS
Anna Sagar
Contact
Gift this article