Company: GLRE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001385613-25-000007
Chunk: 178

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 7
Chunk 178
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022Cash flows from operating activities  Net income $42,816 $86,830 $25,342 Adjustments to reconcile net income or loss to net cash provided by (used in) operating activities:   Income from investments in related party investment fund(33,605)(28,696)(54,844)  Net realized gain on repurchases of convertible senior notes payable— (265)(343)   Net realized and unrealized losses (gains) on other investments918 (1,738)(9,858)   Net realized and unrealized losses (gains) on derivatives(335)577 —    Share-based compensation expense4,456 6,145 4,684    Accretion of debt offering costs, net of change in interest accruals1,220 (1,696)79    Net change in:     Reinsurance balances receivable(85,082)(113,845)(100,190)     Loss and loss adjustment expenses recoverable(60,103)(12,449)(2,139)     Deferred acquisition costs(2,293)2,435 (19,365)     Unearned premiums ceded(12,284)892 (18,111)     Loss and loss adjustment expense reserves199,415 106,086 31,458      Unearned premium reserves18,241 (1,510)80,236      Reinsurance balances payable36,909 (36,152)13,911      Funds withheld4,589 (4,618)18,115      Other items, net(3,358)5,511 (774)Net cash provided by (used in) operating activities111,504 7,507 (31,799)Cash flows from investing activitiesProceeds from redemptions of investment in Solasglas34,000 78,997 125,365 Contributions to investment in Solasglas(128,649)(130,994)(65,127)Purchases of other investments(1,730)(7,136)(13,223)Proceeds on disposal of other investments889 6,000 — Purchases of other assets (1,072)— — Net cash (used in) provided by investing activities(96,562)(53,133)47,015 Cash flows from financing activitiesProceeds from