Greenlight Re 'satisfied' despite $40m Q1 net loss and investment turmoil

06-05-2020

Greenlight Re 'satisfied' despite $40m Q1 net loss and investment turmoil

Greenlight Re chief executive officer Simon Burton

Hedge fund-backed specialist property/casualty reinsurer Greenlight Capital Re swung to a loss in the first quarter of 2020 as its investment portfolio took a massive hit due to the "unprecedented turmoil and uncertainty in global financial markets". Chief executive Simon Burton said he is "satisfied" with the results.


Greenlight Re, Q1, 2020 Results, GWP, Insurance, Reinsurance, Simon Burton, Cayman Islands, North America

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