AM Best Revises Outlooks to Positive for Greenlight Capital Re, Ltd. and Its Subsidiaries
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 18 2024
0mins
Should l Buy ?
Source: Businesswire
Credit Ratings Update: AM Best has revised the outlooks for Greenlight Reinsurance, Ltd. and its subsidiaries to positive from stable, affirming their Financial Strength Rating of A- and Long-Term Issuer Credit Ratings of “a-”, reflecting improved operating performance and stability in investment returns.
Business Profile and Performance: Greenlight Reinsurance has shown significant progress with a full year of underwriting profitability achieved in 2023, alongside five consecutive years of improving returns on equity and revenue, while maintaining a neutral business profile and appropriate enterprise risk management.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
