AGM/EGMApr 26, 2026, 05:28 AM
GLRE to hold AGM July 28, 2026; Board to elect 11 directors
AI Summary
Greenlight Capital Re, Ltd. (GLRE) announced its Annual General Meeting (AGM) for July 28, 2026, where shareholders will vote on key proposals. These include the election of eleven directors, with the board size increasing from 10 to 11 and a new independent director nominee. Shareholders will also ratify Deloitte Ltd. as auditors for 2026 and cast a non-binding advisory vote on executive compensation. The company highlighted strong 2025 financial performance, including a net income of $74.8 million and a combined ratio of 94.6%.
Key Highlights
- Annual General Meeting (AGM) scheduled for July 28, 2026, at 9:00 a.m. local time.
- Shareholders to vote on electing eleven directors, including one new independent nominee.
- Board size to increase from 10 to 11 directors, with Ariel Warszawski nominated.
- Proposal to ratify Deloitte Ltd. as independent auditors for fiscal year 2026.
- Non-binding advisory vote on executive compensation (Say-on-Pay) to be held.
- 2025 net income was $74.8 million, up from $42.8 million in 2024.
- 2025 gross written premium increased 10.7% to $773.3 million.
- 2025 combined ratio improved to 94.6% from 101.4% in 2024.