GREENLIGHT CAPITAL RE, LTD.
For the period ended Mar 31, 2026. Filed May 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Liquidity
The following table summarizes our sources and uses of funds:
| Three months ended March 31 | ||
|---|---|---|
| 2026 | 2025 | |
| Total cash provided by (used in): | ||
| Operating activities | $37,244 | $10,379 |
| Investing activities | (66,087) | (15,995) |
| Financing activities | (4,989) | (938) |
| Effect of currency exchange on cash | 339 | 226 |
| Net cash inflows (outflows) | (33,493) | (6,328) |
| Cash, beginning of period (1) | 643,732 | 649,087 |
| Cash, end of period | $610,239 | $642,759 |
(1)Cash includes unrestricted and restricted cash and cash equivalents - see Note 6 of the financial statements.
Cash provided by operating activities
The $26.9 million increase in cash provided by operating activities in Q1 2026 compared to Q1 2025 was driven mainly by the ebb and flow from our underwriting activities. Cash inflows from underwriting activities generally include premiums, net of acquisition costs, and reinsurance recoverables. Cash outflows principally include payments of losses and LAE, payments of retrocession premiums, and operating expenses. Cash provided by operating activities may vary significantly from period to period due to the timing of these inflows and outflows.
Cash used in investing activities
The $50.1 million increase in cash used for investing activities was driven mainly by additional net contributions to fixed maturity investments, for which the source of funds came from restricted cash and funds held by Lloyd’s. This was partially offset by the net redemptions in Solasglas in Q1 2026 compared to net contributions in Q1 2025.
Cash used in financing activities
The increase in cash used for financing activities during Q1 2026 is attributable to the repurchase of $5.0 million of our ordinary shares in the quarter, compared to none in Q1 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.