GREENLIGHT CAPITAL RE, LTD. (GLRE)

Greenlight Capital Re Ltd. operates as a specialist property and casualty reinsurance company. It specializes in underwriting traditional property and casualty reinsurance, risk innovation, and strategic partnerships. The company was founded on July 13, 2004 and is headquartered in Camana Bay, Cayman Islands.

Address

65 MARKET STREET, SUITE 1207,
GRAND CAYMAN, E9 KY1-1205

Founded

2004

Number of Employees

64

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- $17,690 - $2,817 - - $17,692 $10,000 $35 - - $9,647
Average Price - $28.83 - $20.66 - - $6.95 $9.26 $7.04 - - $11.01
# Shares Purchased - 613,540 - 136,312 - - 2,547,097 1,079,544 4,933 - - 876,285
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -54.9% - -37.1% - - 87.2% 40.3% 84.6% - - 18.1%
S&P 500 Return to Date - 173.0% - 129.7% - - 74.8% 31.7% 37.3% - - 89.3%
Excess Total Return - -227.9% - -166.8% - - 12.3% 8.7% 47.3% - - -71.2%
Quartile Rank
Percentile Rank - 14% - 20% - - 69% 74% 90% - - 54%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.