Greenlight Re posts $7.7mn net underwriting loss for Q1

Luke Harrison,

May 04, 2022

Hedge fund reinsurer Greenlight Re has reported a net underwriting loss of $7.7mn for Q1, compared to a net underwriting loss of $2mn for the same period last year, in a result driven primarily by a $13.6mn hit from the Ukraine war.

The company also posted a net loss of $5.7mn for Q1 2022, or $0.17 per share, compared to net income of $6.5mn,

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