Greenlight Capital Re Ltd. (NASDAQ: GLRE) is a Bermuda‐incorporated reinsurer externally managed by Greenlight Capital Re Services Ltd., a subsidiary of Greenlight Capital, Inc. Since its formation in 2016 and subsequent initial public offering in 2017, the company has focused on providing customized reinsurance solutions to insurers worldwide. Greenlight Capital Re operates as an independent, publicly traded entity, leveraging the investment expertise and underwriting rigor that underpin its parent’s investment platform.
The company’s core business activities encompass both treaty and facultative reinsurance across a broad spectrum of property and casualty lines. Greenlight Capital Re underwrites catastrophe, casualty, specialty and other non‐life risks, often employing collateralized reinsurance structures backed by letters of credit. By combining traditional reinsurance underwriting with innovative risk‐sharing arrangements, the firm seeks to deliver tailored capacity and coverage options to its clients.
Greenlight Capital Re serves insurers and reinsurers in key global markets, including North America, Europe, Asia and select Latin American territories. Its headquarters in Pembroke, Bermuda, is complemented by dedicated underwriting and client service teams that maintain close relationships with cedents across multiple jurisdictions. This global footprint allows the company to respond to evolving market conditions and emerging risk trends, while offering local expertise and execution capabilities.
The firm’s board is chaired by David Einhorn, the founder and president of Greenlight Capital, Inc., whose investment track record and market insights help guide the reinsurer’s strategic direction. Jody Burfening serves as president and chief executive officer of Greenlight Capital Re, overseeing day‐to‐day operations, underwriting strategy and capital management. Under this leadership team, the company continues to pursue disciplined underwriting, prudent risk management and diversified growth opportunities within the global reinsurance market.
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