Greenlight Capital Re Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Greenlight Capital Re Ltd (GLRE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Greenlight Capital Re Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 683M vs 881,251M combined for tracked competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-19.6% annualized vs trailing 12 months), vs accelerating (+3.5%) for its tracked peer group.
- Growth: Greenlight Capital Re Ltd generated -14.2% revenue growth year over year in Q2 2026, vs 6.7% for its tracked competitors combined.
- Profitability: Its -0.1% net margin compares with 16.0% for the peer group.
- Scale: Greenlight Capital Re Ltd ranks #53 of 65 companies by market capitalization in the Property & Casualty Insurance industry, holding 0.0% of industry market cap.
- Peer revenue share: Greenlight Capital Re Ltd accounted for 0.1% of combined revenue among its tracked peer group, down from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $8.14M compares with $1.23M for the peer group (6.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
GLRE Sales vs. its Competitors, Q2 2026
Greenlight Capital Re Ltd reported revenue contraction of 14.15 % year on year in Q2 2026, below its competitors' combined revenue growth of 6.69 %.
With a net margin of -0.11 %, Greenlight Capital Re Ltd reported lower profitability than its competitors (16.00 %).
Greenlight Capital Re Ltd generated 0.06 % of the combined sales of its peer group, down from 0.07 % a year earlier.
Greenlight Capital Re Ltd vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Greenlight Capital Re Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Greenlight Capital Re Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Greenlight Capital Re Ltd's competitor groups requires a Commercial License.
For context: the Property & Casualty Insurance industry grew revenue 5.6% year over year, combined, vs -14.2% for Greenlight Capital Re Ltd. Greenlight Capital Re Ltd's share of combined industry revenue moved from 0.06% to 0.05%, a loss of 0.01 percentage points.
Greenlight Capital Re Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Greenlight Capital Re Ltd | Yes | No | No | No |
| Competitors combined (26) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
GLRE Stock Performance relative to its Competitors
GLRE Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Siriuspoint Ltd | 282.9% | Outperformed |
| 2 | Renaissancere Holdings Ltd | 282.9% | Outperformed |
| 3 | Reinsurance Group Of America Incorporated | 282.9% | Outperformed |
| 4 | Unum Group | 282.9% | Outperformed |
| 5 | Enstar Group Ltd | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Greenlight Capital Re Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Greenlight Capital Re Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Greenlight Capital Re Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Greenlight Capital Re Ltd | 490.34 | 683.49 |
| Marsh and Mclennan Companies Inc | 81,472.46 | 27,968.00 |
| The Cigna Group | 71,752.79 | 282,382.00 |
| Aon Plc | 58,202.19 | 17,603.00 |
| American International Group Inc | 38,833.55 | 26,636.00 |
| Arch Capital Group Ltd | 33,101.12 | 19,232.00 |
| SUBTOTAL | 440,241.61 | 893,039.97 |
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Sources: Greenlight Capital Re Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Greenlight Capital Re Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Greenlight Capital Re Ltd's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Two | Named by the company | 85% |
| Power Reit | Named by the company | 85% |
| Siriuspoint Ltd | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Greenlight Capital Re Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Greenlight Capital Re Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Greenlight Capital Re Ltd | Open Market 99.63 % |
| Marsh and Mclennan Companies Inc | Marsh Insurance Group 55.79 % |
| The Cigna Group | Evernorth 85.32 % |
| Aon Plc | Risk Capital 70.80 % |
| American International Group Inc | North America Operating 30.08 % |
| Arch Capital Group Ltd | Insurance 40.27 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Greenlight Capital Re Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Greenlight Capital Re Ltd | 490 | 8,136,726 | 1,941,190 |
| Marsh and Mclennan Companies Inc | 81,472 | 294,400 | 42,821 |
| The Cigna Group | 71,753 | 4,171,078 | 103,146 |
| Aon Plc | 58,202 | 293,383 | 65,650 |
| American International Group Inc | 38,834 | 1,205,249 | 134,208 |
| Arch Capital Group Ltd | 33,101 | 2,404,000 | 586,500 |
| PEERS TOTAL | 439,751 | 1,230,589 | 177,612 |
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Greenlight Capital Re Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Aon Plc | Europe, Middle East, and Africa, Other Than United Kingdom and Ireland 16.91 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Greenlight Capital Re Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 65 companies in Greenlight Capital Re Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Greenlight Capital Re Ltd ranks #53 of 65 companies by market capitalization in its industry, holding 0.03 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 3,582, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 2 | Chubb Limited | 130,703 | 7.02 % |
| 3 | Progressive Corp | 119,954 | 6.44 % |
| 4 | Travelers Companies inc | 77,434 | 4.16 % |
| 5 | Allstate Corp | 58,813 | 3.16 % |
| 6 | American International Group Inc | 1,234 | 5.2% |
| 7 | The Hartford Insurance Group Inc | 1,234 | 5.2% |
| 8 | Arch Capital Group Ltd | 1,234 | 5.2% |
| 9 | W R Berkley Corp | 1,234 | 5.2% |
| 10 | Cincinnati Financial Corporation | 1,234 | 5.2% |
| 11 | Markel Group Inc | 1,234 | 5.2% |
| 53 | Greenlight Capital Re Ltd | 494 | 0.03 % |
Market cap and industry share for the rest of Greenlight Capital Re Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Greenlight Capital Re Ltd's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 48 | Employers Holdings Inc | 865 | 16.04 % |
| 49 | Hippo Holdings Inc | 796 | -13.73 % |
| 50 | Root Inc | 781 | -49.69 % |
| 51 | Donegal Group Inc | 662 | -3.15 % |
| 52 | Tiptree Inc | 1,234 | 12.3% |
| 53 | Greenlight Capital Re Ltd | 494 | 16.30 % |
| 54 | American Integrity Insurance Group Inc | 1,234 | 12.3% |
| 55 | American Coastal Insurance Corporation | 1,234 | 12.3% |
| 56 | Amerisafe Inc | 1,234 | 12.3% |
| 57 | Global Indemnity Group Llc | 1,234 | 12.3% |
| 58 | Ni Holdings Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Greenlight Capital Re Ltd's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Greenlight Capital Re Ltd's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Property & Casualty Insurance industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (75 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 32.12 % | 49.36 % (avg) | -17.2 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 33.18 % | 13.82 % (avg) | +19.4 pp |
| Capital Intensity (Capex / Revenue) | 0.08 % | 0.95 % (avg) | -0.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Greenlight Capital Re Ltd's Valuation vs Competitive Position
Valuation multiples vs the Property & Casualty Insurance industry average (75 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 11.4x | 13.2x | -1.9x |
| EV / EBITDA | 1.7x | 6.2x | -4.5x |
| P/B | 0.8x | 1.9x | -1.2x |
| Return on Equity | 23.25 % | industry aggregate | 8.56 % |
| Return on Invested Capital | - | 5.86 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Greenlight Capital Re Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | - | -71.65 % | 194.03 % | -10.05 % | 21.58 % | -10.51 % | 4.34 % | 4.85 % |
| Operating Margin | -9.37 % | -254.89 % | 0.51 % | -21.19 % | 6.67 % | 6.73 % | 7.43 % | 14.35 % |
| Return on Invested Capital | -1.81 % | -25.06 % | 0.21 % | -8.77 % | 3.08 % | 2.11 % | 2.00 % | 5.83 % |
| P/E | - | - | - | - | 15.1x | 28.1x | 11.6x | 6.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Greenlight Capital Re Ltd's BCG Growth-Share Matrix
Relative market share (vs Greenlight Capital Re Ltd's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Greenlight Capital Re Ltd falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 5.9% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Greenlight Capital Re Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 3,582 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.08 % vs industry average 0.95 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Greenlight Capital Re Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Greenlight Capital Re Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Greenlight Capital Re Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Greenlight Capital Re Ltd falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Greenlight Capital Re Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 8.6 points above the industry aggregate.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-19.6% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
Opportunities
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Greenlight Capital Re Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Greenlight Capital Re Ltd | 0.13 | 1.25 | 0.02 |
| Marsh and Mclennan Companies Inc | 0.68 | 1.13 | 1.33 |
| The Cigna Group | 0.12 | 0.82 | 0.76 |
| Aon Plc | 0.05 | 1.06 | 1.66 |
| American International Group Inc | 0.04 | 1.44 | 0.17 |
| Arch Capital Group Ltd | 0.29 | 3.48 | 0.13 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Greenlight Capital Re Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Greenlight Capital Re Ltd | Q2 2026 | -14.1 % | - |
| Marsh and Mclennan Companies Inc | Q2 2026 | +6.1 % | +4.9 % |
| The Cigna Group | Q2 2026 | +6.7 % | +22.4 % |
| Aon Plc | Q2 2026 | +2.2 % | -4.9 % |
| American International Group Inc | Q2 2026 | -0.1 % | -17.1 % |
| Arch Capital Group Ltd | Q2 2026 | -10.5 % | -14.6 % |
| PEERS TOTAL | +6.5 % | +53.9 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Greenlight Capital Re Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Greenlight Capital Re Ltd | Q2 2026 | -6.0 % | - |
| Marsh and Mclennan Companies Inc | Q2 2026 | - | +22.0 % |
| The Cigna Group | Q2 2026 | +6.4 % | - |
| Aon Plc | Q2 2026 | - | +14.1 % |
| American International Group Inc | Q2 2026 | +6.3 % | - |
| Arch Capital Group Ltd | Q2 2026 | -12.9 % | +16.7 % |
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Greenlight Capital Re Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Greenlight Capital Re Ltd | 7.40% | 14.32% | 23.25% |
| Marsh and Mclennan Companies Inc | 6.90% | 11.32% | 26.71% |
| The Cigna Group | 4.46% | 6.88% | 16.50% |
| Aon Plc | 7.60% | 9.54% | 42.34% |
| American International Group Inc | 1.83% | 2.10% | 7.26% |
| Arch Capital Group Ltd | 5.77% | 6.76% | 19.52% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Greenlight Capital Re Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Greenlight Capital Re Ltd | 10.11 | 0.72 |
| Marsh and Mclennan Companies Inc | 20.71 | 2.91 |
| The Cigna Group | 11.27 | 0.25 |
| Aon Plc | 15.02 | 3.31 |
| American International Group Inc | 13.45 | 1.46 |
| Arch Capital Group Ltd | 7.47 | 1.72 |
| PEERS AVERAGE | 3.41 | 0.49 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.