Greenlight Capital Re, Ltd. Announces Executive Changes
December 19, 2016 at 09:05 am EST
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Greenlight Capital Re, Ltd. announced that Barton Hedges will be stepping down as Chief Executive Officer of the company as of March 31, 2017. Mr. Hedges will also step down from the company's board of directors. Leonard Goldberg, the company's former Chief Executive Officer and current member of the Board, will become interim Chief Executive Officer as of the effective date in order to ensure a smooth transition until such time as a new CEO has been identified and retained.
Greenlight Capital Re, Ltd. provides multiline property and casualty insurance and reinsurance through its licensed and regulated reinsurance entities in the Cayman Islands and Ireland, and its Lloyd's platform, Greenlight Innovation Syndicate 3456. Its property business covers personal lines, commercial lines exposures and automobile physical damage. The property business includes both catastrophe and non-catastrophe coverage. Its casualty business covers general liability, motor liability, professional liability, and workers compensation exposures. The Company's multi-line business includes the Funds at Lloyd's business. Its other business covers accident and health, financial (including transactional liability, mortgage insurance, surety, and trade credit), marine, energy, as well as other specialty business, such as aviation, crop, cyber, political, and terrorism exposures. Its subsidiaries include Greenlight Reinsurance, Ltd., Greenlight Re Marketing (UK) Limited, and others.