Greenlight Re warns on Q1 profit as investment losses mount

Greenlight Re chief executive officer Simon Burton

Hedge fund-backed specialist property/casualty reinsurer Greenlight Capital Re has forecasted a net loss of up to $43 million driven by a significant investment loss in its Solasglas portfolio.

The rest of this article is locked. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.

To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.

For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk

Greenlight Re, Loss, Results Q1, Property & Casualty, Hedge fund, Insurance, Reinsurance, Cayman Islands

More on this story

Greenlight Re profits halve in 'challenging' Q3 as cat losses bite
05-11-2020

Greenlight Re 'satisfied' despite $40m Q1 net loss and investment turmoil
06-05-2020

Fairfax warns of $1.4bn net loss in Q1 as 'sudden shock' of COVID-19 wipes out investment gains
15-04-2020

Greenlight Re drops sale plans after 'rigorous' strategic review
03-04-2020

Greenlight Re CEO says strategic review not complete as losses continue in 2019
10-03-2020

Greenlight Re warns on Q1 profit as investment losses mount

More on this story

Other related

More on this story

Sign up for the newsletter