Greenlight Capital Re, Ltd. announced that Simon Burton, the Company's Chief Executive Officer, has informed the Board of Directors of his intention to depart from the Company, effective as of December 31, 2023. In connection with Mr. Burton's impending departure, Greenlight Re announced that Greg Richardson will be appointed as the Company's new Chief Executive Officer, effective as of January 1, 2024. Mr. Burton will serve as an advisor and provide transitional services through April 2024.Mr. Richardson previously served as Chief Risk and Strategy Officer at TransRe from 2014 to 2023.
Prior to that, he held strategic planning and underwriting roles and served as Chief Underwriting Officer at Harbor Point Re (which merged with Max Re Capital to form Alterra Re) from 2006 to 2013. Mr. Richardson graduated with a Bachelor of Science Honors degree in Mathematics from Purdue University, was a Marshall Scholar at Oxford University, and obtained his Master of Business Administration degree in Finance from the University of Chicago.
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.
GREENLIGHT CAPITAL RE, LTD. 
