Greenlight Re’s Q3 CR rises to 95.9% on cat losses as GPW drops 8%

Greenlight Re has reported a 4.7 point deterioration in its combined ratio to 95.9 percent in the third quarter, with the Cayman Islands-based reinsurer’s gross premiums written dropping 8 percent due to the non-renewal of a personal property contract and a Lloyd’s casualty contract this year.