GLRE: the balance sheet

MyFinsight

For the year ending 2025-12-31, GLRE has $2,169,783K in assets. $1,461,806K in debts. $111,756K in cash and cash equivalents.

Balance Sheets	2025-12-31
Investment in related party investment fund, at fair value	504,555
Fixed maturity investments, at fair value	65,609
Other investments	62,911
Total investments	633,075
Cash and cash equivalents	111,756
Restricted cash and cash equivalents	531,976
Reinsurance balances receivable	664,381
Reinsurance recoverable on unpaid loss and loss adjustment expenses	81,392
Deferred acquisition costs	99,954
Unearned premiums ceded	39,223
Other assets	8,026
Total assets	2,169,783

Open Market-Operating Segments	863,527
Innovations-Operating Segments	94,936
Corporate Non Segment	2,885
Gross outstanding liabilities	961,348
Unallocated claims adjustment expenses	6,077
Other	535
Loss and loss adjustment expense reserves	967,960
Unearned premium reserves	361,704
Reinsurance balances payable	95,853
Funds withheld	16,105
Other liabilities	15,460
Debt	4,724
Total liabilities	1,461,806
Preferred share capital (par value 0.10 none issued)	0
Ordinary share capital (par value 0.10 issued and outstanding, 33,897,709) (2024 par value 0.10 issued and outstanding, 34,831,324)	3,390
Additional paid-in capital	478,910
Retained earnings	225,677
Total shareholders' equity	707,977
Total liabilities and equity	2,169,783

Unit: Thousand (K) dollars (except for numbers of shares and EPS).