Company: GLRE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001385613-25-000007
Chunk: 74

Company: GREENLIGHT CAPITAL RE, LTD.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 7
Chunk 74
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 LPDecember 31, 2024December 31, 2023AssetsInvestments, at fair value$504,828 $453,358 Derivative contracts, at fair value8,925 11,167 Due from brokers188,296 121,754 Cash and cash equivalents40,354 — Interest and dividends receivable1,536 1,143 Total assets743,939 587,422 Liabilities and partners’ capitalLiabilitiesInvestments sold short, at fair value(234,977)(197,571)Derivative contracts, at fair value(4,452)(12,917)Due to brokers— (17,398)Capital withdrawals payable(4,000)(1,000)Interest and dividends payable(3,218)(2,315)Accrued expenses and other liabilities(180)(247)Total liabilities(246,827)(231,448)Partners' capital$497,112 $355,974 GLRE’s share of Partners' capital$387,144 $258,890 

F-18

Summarized Statements of Operations of Solasglas Investments, LPYear ended December 31, 202420232022Investment incomeDividend income (net of withholding taxes)$3,108 $1,869 $1,586 Interest income14,103 9,211 2,390 Total Investment income17,211 11,080 3,976 ExpensesManagement fee(6,074)(4,766)(3,580)Interest(4,365)(6,969)(1,950)Dividends(4,593)(2,802)(1,374)Research and operating(1,568)(1,750)(988)Total expenses(16,600)(16,287)(7,892)Net investment income (loss)611 (5,207)(3,916)Realized and change in unrealized gains (losses) Net realized gain (loss) 97,865 (1,394)75,172 Net change in unrealized appreciation (depreciation)(46,316)55,279 11,886 Net gain on investment transactions51,549 53,885 87,058 Net increase in Partners' capital (1)$52,160 $48,678 $83,142 GLRE’s share of the increase in Partners' capital$33,605 $28