Company: GLRE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001385613-25-000007
Chunk: 595

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 1A
Chunk 595
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 — — 2019— — — — — — 2020— — — — — 2021— — — — 20223 16 32 202381 652 20241,974 Total2,658 All outstanding liabilities before 2015, net of reinsurance— Liabilities for claims and claims adjustment expenses, net of reinsurance (Financial)$3,925 Average Annual Percentage Payout of Incurred Losses by Age, net of Reinsurance (unaudited) (1)Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 1020.3 %33.6 %25.4 %14.4 %6.3 %— %— %— %— %— %(1) Due to lack of payment history for Innovations segment, the above table is based on the Open Market segment for same line of business.

F-32

Innovations - HealthIncurred claims and allocated claim adjustment expenses, net of reinsuranceDecember 31, 2024For the years ended December 31,Total IBNR plus expected development on reported claimsAccident year2015201620172018201920202021202220232024(Unaudited - Supplementary Information)2015$985 $983 $983 $656 $612 $612 $612 $612 $587 $587 $— 20161,020 1,020 714 694 694 694 694 647 647 — 2017903 894 1,147 1,147 1,147 1,018 987 987 — 20181,121 1,281 1,267 1,263 1,097 1,024 1,024 — 20192,943 3,900 3,849 3,829 3,790 3,790 — 20209,677 9,751 9,819 9,745 9,688 — 202119,052 21,402 21,328 20,999 — 20224,572 4,967 4,106 29 20231,214 1,067 33 20241,029 639