UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-Q __________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33493 _____________________________________________________________________ ...

Financial Data and Key Metrics Changes - The company recorded net income of $5.9 million for Q1 2019, a significant improvement compared to a net loss of $142.8 million in Q1 2018 [22] - Fully diluted net income per share was $0.16 for Q1 2019, compared to a net loss per share of $3.85 for the same period in 2018 [22] - Gross premium written decreased by approximately 7% to $162.6 million in Q1 2019, primarily due to a medical stop-loss contract not renewed and the commutation of a mortgage reinsurance contract [23] - The composite ratio for Q1 2019 was 115.2%, up from 96% in the comparable period in 2018, mainly due to adverse developments in the auto business [25] - The fully diluted adjusted book value per share as of March 31, 2019, was $13.16, reflecting a 0.5% increase for the quarter but a 28.3% decrease from $18.35 per share reported in March 31, 2018 [28] Business Line Data and Key Metrics Changes - The auto class experienced unanticipated losses due to adverse rulings affecting claims in Florida, overshadowing otherwise successful performance in other business lines [6][8] - The company has ceded over $150 million of auto premium to align ongoing net exposure with its risk appetite [7] - Workers' compensation class is showing flat or slightly lower rates, but with a downward trend in claim frequency, leading to compelling risk-adjusted returns [12] Market Data and Key Metrics Changes - The public health market conditions are improving, with a 20% rate increase observed in recent Japanese windstorm renewals [10] - In the U.S., conditions in the private passenger auto class are generally good, with stabilized claim frequency and manageable claim severity [11] Company Strategy and Development Direction - The company is focused on diversifying its portfolio and improving underwriting returns, particularly in the London Market Specialty classes where capacity withdrawal has created upward pricing pressure [9] - The company aims to balance its portfolio between quota share and excessive loss divisions, enhancing integrity and diversity [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that no other underwriting periods will be impacted by the recent adverse developments in the auto class [7] - The core portfolio is performing well, and management sees positive earnings potential moving forward despite potential bumps in the road [36] - Management is optimistic about the overall improving environment and tailwinds for diversifying revenue sources [12] Other Important Information - The Board approved a renewal of the company's share repurchase plan, allowing for the repurchase of 2.5 million shares, which expires on June 30, 2020 [29] - There were no share repurchases during Q1 2019 [29] Q&A Session Summary Question: How long until the combined ratio is below 100? - Management indicated that while the recent reserve charge is a bump in the road, they are optimistic about the core portfolio's performance and potential for improvement [33][36] Question: Explanation of adverse rulings affecting closed cases? - Management preferred not to delve into specifics but indicated that the unusual nature of the claims and the shifting legal landscape in Florida contributed to the unexpected developments [38][63] Question: Approach to catastrophe exposure and insurance portfolio? - Management stated that while catastrophe exposure is compelling from a margin standpoint, it is not a major driver of risk and return, and they are mindful of overall risk in the portfolio [47][51] Question: Outlook for Tesla? - Management expressed a negative view on Tesla, citing overvaluation and deteriorating business performance, expecting to benefit from their short position [53][56] Question: Will share buybacks only occur if stock price is below book value? - Management emphasized flexibility in decision-making regarding share buybacks, considering multiple factors including share price and capital deployment opportunities [41][42] Question: Plans for increasing analyst coverage? - Management acknowledged ongoing relationships with analysts and expressed hope for increased coverage in the future [43]

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2018 Results Earnings Conference Call February 28, 2019 9:00 AM ET Company Participants David Einhorn - Chairman Simon Burton - CEO Tim Courtis - CFO Conference Call Participants Meyer Shields - KBW Operator Thank you for joining the Greenlight Re Conference Call for the Fourth Quarter and Full Year 2018 Earnings. Please note this event is being recorded. The company reminds you that forward-looking statements that may be made in this call are intended to be cove ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33493 Greenlight Capital Re, Ltd. (Exact Name of Registrant as Specified in Its Charter) Cayman Islands N/A (State or Other Jurisdiction of Inco ...