GREENLIGHT CAPITAL RE, LTD.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $588.4m $645.7m $183.0m $538.2m $484.1m $588.6m $526.7m $667.1m $696.0m $729.8m
Revenues:
Additional Financial Items
Debt and Equity Securities, Unrealized Gain (Loss) ($10.8m)
Debt Securities, Trading, Gain (Loss) $49k
Equity Securities, FV-NI, Realized Gain (Loss) ($986k) ($917k)
Foreign Currency Transaction Gain (Loss), before Tax ($3.1m) ($5.3m) ($186k) ($270k) ($83k) ($45k) ($6.2m) $11.6m ($5.6m) $8.5m
Foreign Currency Transaction Gain (Loss), Realized ($6.2m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $57.6m
Income (Loss) from Equity Method Investments ($247k) $700k $843k $0 $0 $28.7m $33.6m $35.7m
Interest Income, Other $200k $1.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $78.3m
Policyholder Benefits and Claims Incurred, Net $380.8m $502.4m $363.9m $388.5m $337.8m $375.0m $316.5m $360.0m $427.3m $411.6m
Premiums Earned, Net $513.1m $626.0m $508.4m $483.6m $455.4m $539.3m $469.5m $583.1m $620.0m $661.1m
Net Investment Income $76.2m $20.2m ($262.5m) $6.2m $21.1m $32.1m $14.1m $37.4m $46.0m $24.5m
Gain (Loss) on Investments $1.7m ($918k) ($11.7m)
Net Income (Loss) Attributable to Parent $44.9m ($45.0m) ($350.1m) ($4.0m) $3.9m $17.6m $25.3m $86.8m $42.8m $74.8m
Net Income (Loss) Available to Common Stockholders, Basic $44.9m ($45.0m) ($350.1m) ($4.0m) $3.9m $17.6m $25.3m $86.8m $42.8m $74.8m
Net Income (Loss) Attributable to Noncontrolling Interest $578k ($4.3m) $0
Earnings Per Share, Basic $1.20 ($1.21) ($9.74) ($0.11) $0.11 $0.51 $0.75 $2.55 $1.26 $2.21
Earnings Per Share, Diluted $1.20 ($1.21) ($9.74) ($0.11) $0.11 $0.51 $0.73 $2.50 $1.24 $2.17
Weighted Average Number of Shares Outstanding, Basic 37.3m 37.0m 36.0m 36.1m 36.2m 34.2m 33.9m 34.1m 34.1m 33.8m
Weighted Average Number of Shares Outstanding, Diluted 37.3m 37.0m 36.0m 36.1m 36.3m 34.4m 39.8m 34.8m 34.7m 34.5m
Expenses
Deferred Policy Acquisition Costs, Amortization Expense $134.5m $161.7m $145.5m $117.1m $109.3m $145.0m $143.1m $168.9m $176.8m $184.9m
Interest Expense $0 $0 $2.5m $6.3m $6.3m $6.3m $4.2m $5.3m $5.8m $4.4m
Current Income Tax Expense (Benefit) $492k ($465k) ($1.8m) $43k $48k $4.0m $671k $100k $749k $3.5m
General and Administrative Expense $25.8m $26.4m $25.2m $29.8m $26.4m $29.4m $31.6m $43.2m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $380.8m $502.4m $363.9m $388.5m $337.8m $375.0m $316.5m $360.0m $427.3m $411.6m
Management Fee Expense $5.5m $9.7m $8.0m $9.8m
Operating Lease, Expense $400k $600k $600k $700k $600k
Other Expenses $16.4m $21.6m
Income Tax Expense (Benefit) $509k ($451k) $332k $483k $424k $3.7m ($816k) $100k $749k $3.5m
Benefits, Losses and Expenses $541.2m $690.5m $537.0m $541.7m $479.8m $567.2m $502.2m $580.2m $652.5m $651.5m
Interest Income (Expense), Net ($11.7m) ($6.7m)
Other Operating Income (Expense), Net ($935k) ($560k) ($2.2m) $2.3m $3.1m ($880k) ($11.8m) $6.3m $2.1m $0