EPS: As of FY2025 Q1, the actual value is USD 0.86.EBIT: As of FY2025 Q1, the actual value is USD 30.91 M.<h3>Segment Revenue</h3><ul><li>Gross Premiums Written: Increased by 14.1% to $247.9 million compared to the first quarter of 2024.</li><li>Net Premiums Earned: Increased by 4.3% to $168.5 million compared to the first quarter of 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Underwriting Loss: Reported a net underwriting loss of $7.8 million, compared to net underwriting income of $3.4 million in the first quarter of 2024.</li><li>Combined Ratio: Increased to 104.6% from 97.9% in the first quarter of 2024.</li><li>Total Investment Income: Increased to $40.5 million from $31.4 million in the first quarter of 2024.</li><li>Net Income: Increased to $29.6 million, or $0.86 per diluted ordinary share, compared to $27.0 million, or $0.78 per diluted ordinary share in the first quarter of 2024.</li><li>Fully Diluted Book Value Per Share: Increased by 5.1% to $18.87 from $17.95 at December 31, 2024.</li></ul><h3>Cash Flow</h3><ul><li>Cash and Cash Equivalents: Decreased to $47.5 million from $64.7 million at December 31, 2024.</li><li>Restricted Cash and Cash Equivalents: Increased to $595.3 million from $584.4 million at December 31, 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Income from Investment in Solasglas: Increased to $32.2 million from $18.2 million in the first quarter of 2024.</li></ul><h3>Outlook / Guidance</h3><ul><li>Greenlight Capital Re, Ltd. is positioning its Solasglas investment portfolio to have low gross and net exposure in anticipation of high market volatility, expecting improved investment opportunities in the future.</li><li>The company aims to continue delivering strong book value per share growth despite challenging market conditions.</li><li>The financial impact of the California wildfires was in line with preliminary loss estimates, contributing 14 combined ratio points for the quarter.</li></ul>

Greenlight Capital | 8-K: FY2025 Q1 EPS: USD 0.86