Greenlight Captial RE, LTD. Class A
GLREGreenlight Capital RE, Ltd. Class A (GLRE) is a real estate investment company affiliated with Greenlight Capital, focusing on real estate properties and related investments. The company aims to generate capital appreciation through the acquisition, management, and disposition of real estate assets, leveraging its expertise in real estate markets to deliver value to its shareholders.
Company News
Greenlight, a vertically integrated cannabis operator, announced expansion of its Ohio operations with four new dispensaries and in-state manufacturing capabilities, reaching the maximum of eight dispensaries permitted under Ohio law. The expansion brings Greenlight's total branded dispensaries to 34 across five states with over 550 employees.
Kawa Capital Management fully liquidated its Brighthouse Financial position, selling approximately 150,000 shares worth $8.07 million. The sale occurred amid potential strategic alternatives and a reported private equity buyout offer.
Greenlight Capital Re reported Q2 2025 results with improved underwriting performance, achieving $0.01 EPS despite investment portfolio losses. The company showed growth in gross premiums and maintained a strong combined ratio, though investment returns were below expectations.
The topics include what an aging American population means for stocks and how natural gas companies benefit from a growing global middle class.
GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May...
