Greenlight Re: Q3 2026 net income $3.2M, premiums down
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Net Income: $3.2 million in Q3 2026, or $0.10 per diluted share; year-to-date net income of $9.4 million, or $0.28 per diluted share. Fully Diluted Book Value Per Share: $20.78, up 0.8% in the quarter and 1.7% for the first nine months…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower premiums and a worse combined ratio signal pressure on underwriting profitability.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q3 2026 net income was $3.2 million, or $0.10 per diluted share.
- 02The open market combined ratio rose to 87.9% from 84.5% a year earlier.
- 03Open market gross written premium contracted 10.4% year over year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets