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

Rachel Dalton
November 03, 2022
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Hedge fund reinsurer Greenlight Re has posted a Q3 combined ratio of 115.3%, a deterioration of 6 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

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Rachel Dalton
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