Company: GLRE
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001385613-25-000079
Chunk: 40

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 income (net of withholding taxes)$2,687 $941 $4,177 $1,772 Interest income4,822 2,148 8,449 6,500 Total Investment income7,509 3,089 12,626 8,272 ExpensesManagement fee(1,756)(1,408)(3,486)(2,731)Interest(3,770)(736)(5,471)(2,070)Dividends(916)(731)(1,677)(1,435)Research and operating(486)(335)(971)(659)Total expenses(6,928)(3,210)(11,605)(6,895)Net investment income (loss)581 (121)1,021 1,377 Realized and change in unrealized gains (losses) Net realized gain36,584 20,085 55,689 63,030 Net change in unrealized appreciation (depreciation)(62,256)(13,138)(35,238)(29,383)Net gain (loss) on investment transactions(25,672)6,947 20,451 33,647 Net increase (decrease) in Partners' capital (1)$(25,091)$6,826 $21,472 $35,024 GLRE’s share of the increase (decrease) in Partners' capital$(18,276)$4,330 $13,921 $22,578 (1) The net increase in Partners’ capital is net of management fees and performance allocation presented below:Three months ended June 30Six months ended June 302025202420252024Management fees$1,756 $1,408 $3,486 $2,731 Performance allocation(2,031)481 1,547 2,509 Total$(275)$1,889 $5,033 $5,240 

4.      OTHER INVESTMENTS  

 At June 30, 2025, the breakdown of the Company’s other investments was as follows:CostUnrealizedgainsUnrealizedlossesAccrued interestFair value / carrying valuePrivate investments and unlisted equities $30,476 $52,808 $(8,912)$— $74,372 Debt and convertible debt securities3,084 — (1,499)79 1,664