Greenlight Capital Re, Ltd. Announces Management Changes
June 02, 2017 at 08:00 am
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Greenlight Capital Re, Ltd. announced it has hired Simon Burton to become its new Chief Executive Officer, effective July 1, 2017. Mr. Burton will succeed Leonard Goldberg, who will step down as interim CEO while remaining a member of the company's Board of Directors. Mr. Burton will also be appointed to the company's Board of Directors.
Burton previously served as Chief Executive Officer of SAC Re from its inception until its sale to Hamilton Insurance Group.
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.