Hedge fund reinsurer Greenlight Re has reported a net underwriting loss of $7.7mn for Q1, compared to a net underwriting loss of $2mn for the same period last year, in a result driven primarily by a $13.6mn hit from the Ukraine war.
The company also posted a net loss of $5.7mn for Q1 2022, or $0.17 per share, compared to net income of $6.5mn,
Enter your e-mail to claim a free trial:
Uncover exclusive insights tailored for insurance leaders
Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business