1 August 2017News

Greenlight Re appoints investment adviser to board

Greenlight Capital Re has appointed Hope Schefler Taitz to its board of directors as an independent director. The appointment increases the board size from eight directors to nine.

Taitz has broad experience in both public and private companies, along with in-depth experience in technology, digital and social media and engaging with the millennial generation. She will serve as a member of Greenlight Re’s Nomination and Governance Committee.

Taitz is the CEO of ELY Capital. Previously, she served as managing partner of Catalyst Partners, a long-short hedge fund. Prior to Catalyst Partners, she was portfolio manager at Crystal Asset Management, where she managed a $1 billion high-yield portfolio.

Taitz has also previously held positions at The Argosy Group (now part of CIBC) and Drexel Burnham Lambert. She currently sits on the boards of Athene Holding, MidCap FinCo and Summit Hotel Properties.

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Insurance
12 July 2017   Miami-based personal lines insurer Windhaven Insurance said July 11 that it sealed a multi-year $1.1 billion premium capacity quota share transaction with Greenlight Re.
News
1 August 2017   Losses at Greenlight Capital Re narrowed in the second quarter of 2017 driven mainly by better underwriting results despite the company noting it was evolving its underwriting strategy in what it called a very competitive underwriting environment.