GREENLIGHT CAPITAL RE LTD
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 5, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Contractual Obligations and Commitments
At December 31, 2023, our contractual obligations and commitments by period due were as follows:
| Less than 1 year | 1-3 years | 3-5 years | More than 5 years | Total | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Loss and loss adjustment expense reserves (1) | $314,238 | $209,713 | $78,063 | $59,540 | $661,554 |
| Operating lease obligations (2) | 637 | 1,005 | — | — | 1,642 |
| Financing activities | |||||
| Debt (3) | 3,703 | 70,359 | — | — | 74,062 |
| Total | $318,578 | $281,077 | $78,063 | $59,540 | $737,258 |
(1) Due to the nature of our reinsurance operations, the amount and timing of the cash flows associated with our reinsurance contractual liabilities will fluctuate, perhaps materially, and, therefore, are highly uncertain.
(2) See Note 16 “Commitments and Cont ingencies” of the consolidated financial statements.
(3)See Note 9 “Debt and Credit Facilities” of the consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.