Greenlight Capital Re

The differences in hedge fund reinsurance investment portfolios was again evident in the first month of 2016, with Greenlight Re reporting a positive investment return, while Third Point Re fell to an investment loss in January.

Both of the leading and highest profile hedge fund manager backed reinsurance firms have suffered a full year investment loss in 2015, as the volatile financial market climate impacted on the investment oriented reinsurance strategy.

The investment returns generated by the two highest profile hedge fund manager backed reinsurance firms have returned to negative again in November, with Greenlight Re suffering another steep decline in the last month.

Two of the most prominent hedge fund reinsurance firms have seen an improvement in their investment returns in October, after two consecutive months of deeply negative returns due to financial market volatility.

Greenlight Re, the Cayman Islands domiciled investment oriented reinsurance firm backed by hedge fund manager David Einhorn’s Greenlight Capital, Inc., suffered a $219.7m net loss for the third-quarter as investment volatility hit the firm.

Financial market volatility has again hit the two most prominent hedge fund reinsurance firms, with both Greenlight Re and Third Point Re reporting another negative month on the investment side of their businesses in September.

Two of the largest hedge fund manager backed reinsurance companies have been hit by the volatility in financial markets during August, with both Greenlight Re and Third Point Re reported to have faced significant dips in return during the month.

Greenlight Re, a Cayman Islands domiciled hedge fund strategy reinsurance firm backed by David Einhorn’s Greenlight Capital, Inc., has again seen a quarterly loss due to its investment strategy, but the premiums written at the reinsurer continue to grow.

Greenlight Re, the Cayman Islands domiciled hedge fund reinsurance firm backed by David Einhorn’s Greenlight Capital, Inc., has fallen to a first-quarter loss as investment losses at the hedge fund weighed on results.

Greenlight Re, the Cayman Islands domiciled, hedge fund strategy reinsurance firm backed by David Einhorn and his Greenlight Capital, Inc. hedge fund, has slashed its premiums written again in the last quarter as it declined to renew business deemed unprofitable.