giofranchi Posted November 1, 2012 Share Posted November 1, 2012 Certainly a very disappointing quarter, as far as underwriting is concerned. Anyway, fully diluted adjusted book value per share has increased 19.4% from September 2011 to September 2012. And the stock is trading at book value. giofranchiGREENLIGHT_RE_ANNOUNCES_THIRD_QUARTER_2012_FINANCIAL_RESULTS.pdf Link to comment Share on other sites More sharing options...
giofranchi Posted November 2, 2012 Author Share Posted November 2, 2012 Here is the link to the conference call, if anyone would like to understand why they had to increase so significantly their reserves during the quarter. Furthermore, some comments on Sandy. http://www.greenlightre.ky/ They keep on staying very much underleveraged, with Total investments just 1.39 times Shareholders’ equity, and Net premiums earned during the last twelve months at just 50% of Shareholders’ equity. giofranchi Link to comment Share on other sites More sharing options...
giofranchi Posted November 8, 2012 Author Share Posted November 8, 2012 A brief article for anyone who might be interested. giofranchigreenlight-results-show-benefit-of-hedge-fund-reinsurer-strategy.pdf Link to comment Share on other sites More sharing options...
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