Greenlight Capital Re, Ltd.
A specialty property and casualty reinsurer based in the Cayman Islands, Greenlight Re sells risk coverage to insurance companies, managing general agents, and program writers around the globe. It was founded in 2004 with backing from Greenlight Capital, the hedge fund run by investor David Einhorn, and began underwriting in 2006. The name reflects Einhorn's philosophy of only investing once research is done and the "green light" is given.