Greenlight Reinsurance, Ltd..
GLRE.US | Reinsurance
Greenlight Reinsurance, Ltd. is a holding company that provides property and casualty reinsurance. The company operates through two segments: Reinsurance and Investments. The Reinsurance segment provides various reinsurance solutions, including property, auto, general liability, and workers' compens...Show More
Better Health for All
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Greenlight Reinsurance, Ltd. (GLRE.US) primarily provides property and casualty reinsurance, which has no direct positive or negative health impact.
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The company's products and activities do not include alcoholic beverages, adult entertainment, gambling, tobacco products, pesticides, thermal coal, or palm oil, indicating no revenue from products with established negative health outcomes.
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The company's core business activities do not involve health products, services, or data that would require assessment for safety, price accessibility, vulnerable reach, risk transparency, health externalities, health equity programs, healthcare workforce support, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, or clinical trial ethics. While Greenlight Re Innovations, a part of GLRE, has made an investment in Player's Health, a company focused on sports risk management and injury prevention for amateur athletes, the articles do not provide the specific share of capital allocation for this investment relative to GLRE's overall budget, thus preventing a score for health innovation investment or preventative health measures.
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Fair Money & Economic Opportunity
-20
Greenlight Capital, the ultimate parent of GLRE.US, and its owner David Einhorn, were fined £3,650,795 and £3,638,000 respectively in 2009 for selling shares based on inside information, avoiding losses of approximately £5.8 million.
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Additionally, GLRE.US was fined $120,000 for failure to comply with a CIMA direction and $600,000 for conviction on indictment for failure to comply with a CIMA direction, with an additional $12,000 fine for every day the breach continued after conviction.
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The company prioritizes long-term growth in diluted book value per share, which grew by 8.2% compound annual growth at December 31, 2024.
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The company's policy is to retain earnings to support business growth, with no specific community finance reinvestment mentioned.
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GLRE.US has a Charity Committee since 2006 and a scholarship program for Caymanian students since 2008, granting scholarships to 16 eligible Caymanian students in 2021.
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The company also matches employee contributions to non-profit organizations.
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Fair Pay & Worker Respect
40
In 2024, Greenlight Reinsurance, Ltd.'s CEO, Greg Richardson, had a compensation of $2,323,230, while the median employee pay was $171,878, resulting in a CEO-to-median employee pay ratio of 14:1.
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The company had 12 full-time equivalent employees in 2023.
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Employee compensation includes salary, incentive compensation, health benefits, pension benefits, and group stock compensation.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Greenlight Reinsurance, Ltd. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess Greenlight Reinsurance, Ltd. on Honest & Fair Business.
Kind to Animals
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The provided articles do not contain any specific data points or information related to Greenlight Reinsurance, Ltd.'s animal welfare practices, cruelty-free certifications, alternative testing methods, humane certifications for operations, wildlife conservation impact, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare.
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Therefore, all KPIs under the 'Kind to Animals' value must be omitted due to lack of explicit evidence.
No War, No Weapons
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No specific, concrete data points were found in the provided articles to assess Greenlight Reinsurance, Ltd. against any of the 'No War, No Weapons' KPIs. The articles primarily discuss investor relations, board appointments, and general business initiatives like de-risking carbon markets or protecting homeowner liability, none of which provide evidence related to arms contracts, dual-use technologies, sales to sanctioned regimes, peacebuilding investments, or any other conflict-related activities or policies.
Planet-Friendly Business
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No evidence available to assess Greenlight Reinsurance, Ltd. on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Greenlight Reinsurance, Ltd. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Greenlight Reinsurance, Ltd. on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
Greenlight Reinsurance, Ltd. does not provide any quantitative data or specific information regarding its zero waste and sustainable product practices.
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The provided articles explicitly state a lack of data across all relevant KPIs, including waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, and customer waste education.
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The company's DitchCarbon score is 0, which is noted as lower than 100% of the industry average, and it does not participate in any tracked sustainability initiatives or disclose specific targets or actions.
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