Greenlight Capital Re, Ltd. and Greenlight Reinsurance, Ltd. Announces Board Appointments
August 03, 2021 at 04:30 pm EDT
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On August 3, 2021, Board of Directors of Greenlight Reinsurance, Ltd. (the Greenlight Re Board") have appointed each of Johnny Ferrari, Ursuline Foley and Victoria Guest as independent directors of the Greenlight Capital Re, Ltd. Board and the Greenlight Re Board, effective July 30, 2021. The appointments of Mr. Ferrari, Ms. Foley and Ms. Guest to the Greenlight Re Board are each subject to the approval of the Cayman Islands Monetary Authority. Mr. Ferrari is currently a consultant to companies in the financial services industry after having retired from KPMG International (KPMG") in June 2021. Ms. Foley currently serves on the board of directors of Provident Financial Services Inc. and Provident Bank and is a member of the Risk and Technology committees. Ms. Foley also serves as a director of DOCOsoft Ltd. Ms. Guest serves on the board of directors of The Bessemer Group, Incorporated and its principal subsidiary banks, and the board of managers/directors of Bessemer Securities LLC and its principal subsidiary.
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.