Topic: Greenlight Re
Business in brief: Scotiabank, Greenlight Re, Appleby
Scotiabank wins digital bank award
Scotiabank Cayman has been named Best Consumer Digital Bank for 2022 by Global Finance magazine.
It is the second consecutive win...
AM Best affirms Greenlight Capital Re’s credit rating
AM Best has affirmed the credit ratings of Greenlight Capital Re and the reinsurer's Cayman and Irish subsidiaries.
Greenlight Re sees improved underwriting and investment returns
Greenlight Capital Re reported net income of US$14.8 million in the second quarter compared to $0.6 million during the same period last year.
Greenlight Re posts net loss from exposure to Ukraine war
Greenlight Capital Re reported a net loss of $5.7 million in the first quarter of 2022.
Greenlight Re commences underwriting at Lloyd’s
Greenlight Capital Re has received Lloyd’s approval for Syndicate 3456 to commence underwriting, as of 1 April 2022.
Greenlight Re Donates US$25,000 to the Financial Assistance Programme
The Alex Panton Foundation (“APF”) is pleased to announce that they are the gracious recipient of a generous donation of US$25,000 from Greenlight Reinsurance Ltd (“Greenlight Re”) in support of their Financial Assistance Programme.
Greenlight Re invests in construction insurance start-up Shepherd
Greenlight Re Innovations, part of Greenlight Capital Re, is investing in Shepherd Labs, a construction insurance MGA that provides insurance options for middle-market contractors.
Greenlight Re returns to profit on investment gains
Greenlight Capital Re reported fourth-quarter net income of $42 million compared to a $30.3 million loss in the same period a year earlier.
Quarterly profit, but net underwriting loss for Greenlight Re
Greenlight Capital Re has reported net income of US$2.2 million for the third quarter of 2020, while large natural-catastrophe losses caused an underwriting loss.
Management shake-up at Greenlight Re
Cayman-based reinsurer Greenlight Re announced several leadership changes following the resignation of chief underwriting officer Brendan Barry on 4 Sept. and chief financial officer Tim Courtis on 9 Sept.
AM Best affirms credit rating of Greenlight Re
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 'a-' of Greenlight Re in Cayman and Greenlight Reinsurance Ireland.
Greenlight Re donates US$100,000 to local charities
Cayman reinsurer Greenlight Re has dontated US$100,000 to charitable organisations in response to the COVID-19 pandemic to help Cayman residents most in need.
Greenlight Re...
Greenlight Re reports fourth-quarter loss
Greenlight Re reported a net loss of $30.3 million for the fourth quarter of 2019, impacted by a $14.2 million catastrophe loss related to typhoons Hagibis and Faxai.
Thirteen students get Greenlight Re scholarship
Reinsurance company Greenlight Re has awarded 13 recipients in its 2018 fall semester scholarship program.
