Greenlight capital re, ltd. (GLRE)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Investments
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures

189

240

228

238

246

235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, trading, at fair value

-

-

0

0

0

36

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt instruments, trading, at fair value

-

-

-

-

-

-

0

13

19

7

1

6

8

22

74

93

73

39

28

43

47

49

23

4

4

4

12

8

7

1

6

9

6

10

2

3

15

Equity securities, trading, at fair value

-

-

-

-

-

-

57

820

955

1,203

1,195

1,053

1,054

844

834

899

934

905

966

1,217

1,245

1,266

1,214

1,321

1,227

1,282

1,030

912

1,112

1,042

1,068

1,058

1,033

890

794

831

839

Other investments

17

16

15

15

11

11

73

69

70

152

139

138

139

156

176

176

190

119

108

157

159

115

149

174

110

107

107

93

146

133

146

138

139

128

218

204

179

Total investments

207

256

244

254

257

283

478

903

1,044

1,362

1,336

1,198

1,201

1,022

1,084

1,170

1,198

1,064

1,103

1,418

1,452

1,430

1,388

1,500

1,342

1,393

1,149

1,014

1,266

1,177

1,221

1,206

1,180

1,030

1,015

1,038

1,034

Cash and cash equivalents

8

25

11

14

9

18

43

65

37

27

31

41

37

39

39

45

196

112

99

90

11

12

8

5

4

3

83

177

10

21

22

11

5

42

32

9

45

Restricted cash and cash equivalents

735

742

762

745

730

685

673

1,264

1,254

1,503

1,349

1,352

1,344

1,202

1,098

1,077

1,157

1,236

1,046

1,649

1,524

1,296

1,367

1,318

1,228

1,334

1,316

1,226

1,378

1,206

1,289

922

1,021

957

940

956

977

Derivative Asset

-

-

-

-

-

-

69

68

54

12

20

29

38

76

42

23

13

13

14

38

41

47

37

97

82

104

-

-

-

22

-

-

-

-

16

23

46

Financial contracts receivable, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

56

61

-

18

23

32

23

-

-

-

Reinsurance balances receivable (net of allowance for expected credit losses of $89)

243

230

273

287

326

300

289

321

326

301

294

266

268

219

227

216

246

187

156

141

137

151

165

145

185

167

195

171

195

173

185

179

204

141

131

118

109

Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

23

27

-

-

-

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss and loss adjustment expenses recoverable

-

-

41

40

46

-

37

37

39

29

18

2

2

2

3

72

3

3

3

2

2

11

11

12

16

16

17

20

21

34

34

36

36

29

21

15

11

Deferred acquisition costs

48

49

50

56

52

49

52

56

60

62

77

78

73

61

55

52

68

59

54

43

42

34

38

32

53

51

62

63

64

59

57

60

75

68

79

80

87

Unearned premiums ceded

0

0

7

25

24

24

25

28

25

25

6

2

3

2

3

3

2

3

2

2

3

4

5

5

6

3

3

2

2

3

6

11

27

27

19

18

7

Notes receivable (net of allowance for expected credit losses of $1,000)

19

20

27

26

29

26

29

28

31

28

29

33

35

33

34

34

35

25

27

29

30

1

2

4

15

16

15

15

15

19

19

19

18

17

17

17

14

Other assets

1

2

3

2

2

2

4

4

3

3

5

6

3

4

4

7

7

6

6

8

6

5

7

8

5

4

4

6

3

3

3

4

2

5

3

5

3

Total assets

1,288

1,355

1,422

1,455

1,479

1,435

1,704

2,778

2,876

3,357

3,170

3,012

3,008

2,664

2,593

2,704

2,929

2,712

2,514

3,424

3,253

2,995

3,030

3,130

2,941

3,095

2,933

2,755

3,020

2,722

2,857

2,477

2,603

2,343

2,279

2,284

2,338

Liabilities and equity
Liabilities
Due to related party investment fund

-

-

0

0

0

9

111

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities sold, not yet purchased, at fair value

-

-

-

-

-

-

0

681

676

912

890

878

867

859

802

797

876

882

800

1,285

1,327

1,090

1,113

1,102

986

1,111

1,065

950

1,092

908

1,020

663

745

683

652

680

725

Derivative Liability

-

-

-

-

-

-

20

18

15

22

10

15

3

2

2

5

9

28

25

28

40

44

30

22

23

18

-

-

-

19

-

-

-

-

7

12

23

Due to prime brokers and other financial institutions

-

-

-

-

-

-

43

520

574

672

-

-

-

319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial contracts payable, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

27

14

-

15

12

15

6

-

-

-

Due to prime brokers

-

-

-

-

-

-

-

-

-

-

547

543

558

-

398

415

544

396

266

515

255

211

266

311

285

314

239

249

366

326

296

365

315

260

319

309

273

Loss and loss adjustment expense reserves

455

470

479

470

507

482

474

474

484

464

445

359

340

306

282

354

341

305

302

270

260

264

278

303

329

329

325

301

349

356

349

294

277

241

241

218

186

Unearned premium reserves

177

179

196

237

226

211

227

244

255

255

281

277

265

222

213

201

237

211

189

160

160

128

133

120

177

173

191

207

207

188

185

208

265

225

222

226

234

Reinsurance balances payable

114

122

129

136

150

139

137

147

139

144

76

55

52

41

33

96

19

18

18

16

11

40

43

43

43

38

38

35

35

35

36

37

39

32

35

28

20

Funds withheld

5

4

9

12

15

16

16

16

15

23

16

7

5

5

5

6

7

7

6

6

6

6

7

8

9

10

9

10

13

17

18

33

33

38

24

27

22

Other liabilities

5

6

7

6

4

5

8

7

6

10

12

11

13

14

12

10

12

12

12

14

19

14

12

9

12

11

12

9

13

10

10

7

11

10

10

10

11

Convertible senior notes payable

93

93

91

92

90

91

89

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Performance compensation payable to related party

-

-

-

-

-

-

-

-

-

-

3

-

1

-

2

-

3

-

-

-

-

-

10

24

-

-

33

21

16

-

31

7

16

-

-

-

-

Total liabilities

851

878

915

955

994

955

1,130

2,110

2,169

2,505

2,284

2,148

2,107

1,773

1,755

1,888

2,050

1,863

1,622

2,297

2,082

1,801

1,896

1,945

1,868

2,008

1,933

1,814

2,109

1,862

1,963

1,631

1,722

1,497

1,513

1,514

1,498

Redeemable non-controlling interest in related party joint venture

-

-

0

0

0

1

15

6

6

7

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholders' equity
Preferred share capital (par value $0.10; authorized, 50,000,000; none issued)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Ordinary share capital (Class A: par value $0.10; authorized, 100,000,000; issued and outstanding, 31,179,529 (2019: 30,739,395): Class B: par value $0.10; authorized, 25,000,000; issued and outstanding, 6,254,715 (2019: 6,254,715))

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

Additional paid-in capital

504

503

502

501

500

499

498

503

504

503

501

500

501

500

499

498

497

496

495

500

501

500

499

498

497

496

495

494

493

492

491

490

489

488

487

487

485

Retained earnings (deficit)

-71

-30

0

-4

-20

-26

54

143

181

324

362

342

378

370

320

290

353

325

368

594

636

660

600

651

542

551

467

410

382

325

386

340

376

310

240

245

304

Shareholders’ equity attributable to Greenlight Capital Re, Ltd.

-

-

506

500

484

477

556

650

689

831

867

846

883

874

824

792

854

825

867

1,099

1,142

1,165

1,103

1,154

1,043

1,051

966

908

879

821

881

833

869

803

-

-

793

Non-controlling interest in related party joint venture

-

-

0

0

0

0

1

10

11

12

18

17

17

11

14

23

24

23

24

28

28

28

31

31

29

34

33

32

31

38

13

11

12

42

33

33

45

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

436

477

506

500

484

477

558

661

700

844

885

863

901

885

838

816

878

848

891

1,127

1,170

1,194

1,134

1,185

1,073

1,086

1,000

941

910

860

894

845

881

845

765

770

839

Total liabilities, redeemable non-controlling interest and equity

1,288

1,355

1,422

1,455

1,479

1,435

1,704

2,778

2,876

3,357

3,170

3,012

3,008

2,664

2,593

2,704

2,929

2,712

2,514

3,424

3,253

2,995

3,030

3,130

2,941

3,095

2,933

2,755

3,020

2,722

2,857

2,477

2,603

2,343

2,279

2,284

2,338

Related Party [Domain]
Investment in related party investment fund, at fair value

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-