Bart Hedges News

Greenlight Re Ireland Promotes O’Brien to CEO

Greenlight Reinsurance Ireland DAC*, the Dublin-based subsidiary of Greenlight Capital Re Ltd., announced the promotion of Patrick O’Brien to chief executive officer. O’Brien joined Greenlight Re Ireland as general manager in June 2016. Prior to that, he was chief executive …

Greenlight Capital Re Reports Q2 Loss of $63M, in 5th Loss in 6 Quarters

Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee investments, posted its fifth loss in six quarters as the portfolio slumped. The second-quarter net loss widened to $63 million, or $1.69 a share, …

Greenlight Re Posts Q3 Loss on Poor Investment and Underwriting Performance

Greenlight Capital Re Ltd. posted its third-straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David Einhorn. The net loss for the period ended Sept. 30 widened to $219.7 million, or $5.98 a share, from $51.8 …

Greenlight Re Reports Q2 Net Loss of $39.6M on Investments, Legacy Business

Cayman Islands-based Greenlight Re reported a net loss of $39.6 million for the second quarter of 2015, compared to net income of $109.6 million for the same period in 2014. The net loss per share for the second quarter of …

Greenlight Re Reports Q4 Net Income of $60.7 Million; $109.6 Million for Year

Greenlight Capital Re Ltd., which is based in the Cayman Islands, reported net income of $60.7 million for the fourth quarter of 2014, compared to net income of $83.9 million for the same period in 2013. Net income for the …