Greenlight Capital Re Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	1.66	1.29	2.14	1.85	-	-
Investments in Equity & Preferred Securities	-	-	-	-	-	6.55
Other Investments	518.38	459.01	330.05	246.63	230.64	188.53
Total Investments	520.04	460.3	332.18	248.48	230.64	195.07
Cash & Equivalents	68.79	64.69	51.08	38.24	76.31	8.94
Reinsurance Recoverable	850.61	819.82	662.35	536.95	416.51	347.08
Other Receivables	-	-	-	-	-	6.1
Deferred Policy Acquisition Cost	98.48	82.25	79.96	82.39	63.03	51.01
Property, Plant & Equipment	-	0.9	1.4	1.9	2.4	-
Restricted Cash	586.44	584.4	604.65	668.31	634.79	745.37
Other Current Assets	-	-	-	-	0.34	1.08
Long-Term Deferred Tax Assets	-	0.37	1.09	0.5	0.5	0.5
Other Long-Term Assets	9.69	3.49	2.6	3.62	2.99	2.49
Total Assets	2,134	2,016	1,735	1,580	1,427	1,358
Unpaid Claims	938.31	860.97	661.55	555.47	524.01	494.18
Unearned Premiums	379.27	324.55	306.31	307.82	227.58	201.09
Reinsurance Payable	97.98	105.89	68.98	105.14	91.22	92.25
Current Portion of Long-Term Debt	-	3.02	-	-	-	-
Current Portion of Leases	0.71	0.69	-	-	-	-
Long-Term Debt	34.75	57.73	73.28	80.53	98.06	95.79
Long-Term Leases	2.92	0.32	-	2	2.5	-
Other Current Liabilities	15.14	21.88	17.29	21.91	3.79	4.48
Other Long-Term Liabilities	6.09	5.3	11.8	4.4	4.66	5.01
Total Liabilities	1,475	1,380	1,139	1,077	951.83	892.79
Common Stock	3.39	3.48	3.53	3.48	3.38	3.45
Additional Paid-In Capital	479.1	481.55	484.53	478.44	481.78	488.49
Retained Earnings	176.4	150.85	108.03	21.2	-9.51	-27.08
Total Common Equity	658.89	635.88	596.1	503.12	475.66	464.86
Shareholders' Equity	658.89	635.88	596.1	503.12	475.66	464.86
Total Liabilities & Equity	2,134	2,016	1,735	1,580	1,427	1,358
Filing Date Shares Outstanding	34.1	34.56	35.36	34.84	33.84	34.51
Total Common Shares Outstanding	34.1	34.83	35.34	34.82	33.84	34.51
Total Debt	38.38	61.76	73.28	82.53	100.56	95.79
Net Cash (Debt)	30.41	2.93	-22.2	-44.3	-24.25	-86.86
Net Cash Per Share	0.90	0.08	-0.64	-1.11	-0.71	-2.39
Book Value Per Share	19.32	18.26	16.87	14.45	14.05	13.47
Tangible Book Value	658.89	635.88	596.1	503.12	475.66	464.86
Tangible Book Value Per Share	19.32	18.26	16.87	14.45	14.05	13.47

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.