Greenlight Capital Re (GLRE -0.9%) slides after a Q4 loss of $1.65/share - losses came from both...

|About: Greenlight Capital Re, Ltd. (GLRE)|By:, SA News Editor

Greenlight Capital Re (GLRE -0.9%) slides after a Q4 loss of $1.65/share - losses came from both underwriting and the investment portfolio. Book value of $22.01/share, -6.6% Q/Q, +1.9% Y/Y. "The reinsurance market remained challenging during 2012. In general, the market remains overcapitalized and there is a high degree of competition." (PR)