Company: GLRE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001385613-25-000007
Chunk: 361

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 8
Chunk 361
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 2024 (expressed in thousands of U.S. dollars) Type of InvestmentCostFair ValueBalanceSheet ValueOther investments:Private investments and unlisted equities $28,111 $71,867 $71,867 Debt and convertible debt securities2,713 1,293 1,293 Total other investments30,824 73,160 73,160 Total investments - other than investments in related parties$30,824 $73,160 $73,160 

F-54

SCHEDULE IIGREENLIGHT CAPITAL RE, LTD.CONDENSED FINANCIAL INFORMATION OF REGISTRANTCONDENSED BALANCE SHEETS — PARENT COMPANY ONLY(expressed in thousands of U.S. dollars)  December 31, 2024December 31, 2023AssetsCash and cash equivalents$5,297 $1,924 Investment in subsidiaries690,932 667,732 Due from subsidiaries154 — Other assets542 628 Total assets$696,925 $670,284 Liabilities and equity  LiabilitiesDebt $60,749 $73,281 Other liabilities282 712 Due to subsidiaries15 196 Total liabilities61,046 74,189 Shareholders’ equityShare capital3,483 3,534 Additional paid-in capital481,551 484,532 Retained earnings150,845 108,029 Total shareholders’ equity635,879 596,095 Total liabilities and equity$696,925 $670,284 GREENLIGHT CAPITAL RE, LTD.CONDENSED FINANCIAL INFORMATION OF REGISTRANTCONDENSED STATEMENT OF OPERATIONS — PARENT COMPANY ONLY(expressed in thousands of U.S. dollars) Year ended December 31 202420232022Revenue   Net investment income$143 $5 $1 Other income (expense)(60)239 366 Total revenues83 244 367 Expenses   Corporate expenses6,059 9,042 6,887 Interest expense5,836 5,344 4,201 Total expenses11,895 14,386 11,088 Loss before equity in net income of subsidiaries(11,812)(14,142)(10,721)Equity in net income of subsidiaries54,628 100,972 36,063 Net income$42,816 $86,