GLRE (Greenlight Capital Re) Combined Ratio %: 96.00% (As of Mar. 2026)

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GLRE Greenlight Capital Re Ltd GLRE
62 GF Score
Price $16.63
GF Value $16.49
Valuation Fairly Valued
! 6 Warning Signs
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What is Greenlight Capital Re Combined Ratio %?

Greenlight Capital Re GLRE -0.06% 62 Combined Ratio % is 96.00% as of Mar. 2026. GuruFocus rates GLRE with a GF Score™ of 62/100 and a GF Value™ of $16.49 (Fairly Valued). The stock has 6 warning signs investors should review.

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Greenlight Capital Re's Combined Ratio % for the quarter that ended in Mar. 2026 was 96.00% , which is higher than 92.10% for the pervious quarter ended in Dec. 2025.

Greenlight Capital Re's Combined Ratio % for the annual that ended in Dec. 2025 was 94.60% , which is lower than 101.40% for the pervious year ended in Dec. 2024.

The historical rank and industry rank for Greenlight Capital Re's Combined Ratio % or its related term are showing as below:

GLRE's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Greenlight Capital Re  (NAS:GLRE) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.


Greenlight Capital Re Combined Ratio % Related Terms


Greenlight Capital Re Combined Ratio % Historical Data

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The historical data trend for Greenlight Capital Re's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greenlight Capital Re Combined Ratio % Chart

Greenlight Capital Re Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Greenlight Capital ReQuarterly Data
Trend Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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GLRE vs KG, OXBR, RGA: Combined Ratio % Comparison

For the Insurance - Reinsurance subindustry, Greenlight Capital Re's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GLRE
62GF Score
Greenlight Capital Re Ltd GLRE
Combined Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenlight Capital Re  (NAS:GLRE) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions
What does a Combined Ratio % of 96.00% mean?
Greenlight Capital Re (GLRE) has a Combined Ratio % of 96.00% as of Mar. 2026. Combined Ratio measures the money flowing out of an insurance company in the form of dividends, expenses, and losses. View historical data on Greenlight Capital Re and its competitors.
Is Greenlight Capital Re's Combined Ratio % too high?
Greenlight Capital Re's current Combined Ratio % is 96.00%. Overall, Greenlight Capital Re has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenlight Capital Re's Combined Ratio % compare to KG and OXBR?
Greenlight Capital Re's Combined Ratio % of 96.00% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Combined Ratio % for an Insurance company?
A good Combined Ratio % depends on the Insurance industry context. However, Combined Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Combined Ratio % mean?
A high Combined Ratio % can signal that a stock is expensive relative to its fundamentals. Combined Ratio measures the money flowing out of an insurance company in the form of dividends, expenses, and losses. View historical data on Greenlight Capital Re and its competitors. Greenlight Capital Re's current Combined Ratio % is 96.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlight Capital Re stock overvalued right now?
Based on GuruFocus' analysis, Greenlight Capital Re (GLRE) is currently considered Fairly Valued. The stock's GF Value™ is $16.49, compared to a current price of $16.63 — trading 0.8% above its estimated fair value. The current Combined Ratio % is 96.00%. Greenlight Capital Re's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Combined Ratio % calculated?
Combined Ratio % is calculated from a company's financial statements. For Greenlight Capital Re (GLRE), the current Combined Ratio % is 96.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Greenlight Capital Re (GLRE) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlight Capital Re stock appears to be overvalued. The current stock price of $16.63 is trading 0.8% above its estimated GF Value™ of $16.49. GuruFocus considers Greenlight Capital Re to be Fairly Valued.

Key valuation signals for GLRE:

  • Combined Ratio %: 96.00%
  • GF Value™: $16.49 vs. price of $16.63 (0.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the GLRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenlight Capital Re Business Description

Other Exchanges G8L:Germany
Address 65 Market Street, Suite 1207, Jasmine Court, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed and income from investments.
62GF Score

Get the complete analysis for GLRE

Combined Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.63
Price
$16.49
GF Value