{"id":3605,"date":"2005-11-16T00:00:00","date_gmt":"2005-11-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"greenlight-capital-backs-new-reinsurance-company","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2005\/greenlight-capital-backs-new-reinsurance-company.html","title":{"rendered":"Greenlight Capital backs new reinsurance company"},"content":{"rendered":"<p>  NEW YORK, Nov 15 (Reuters) &#8211; Investment manager Greenlight Capital has formed a new offshore reinsurance company to capitalize on growing demand for insurance products, company founder David  Einhorn said at a conference on Tuesday.<\/p>\n<p>  The formation of Greenlight Capital Re comes amid a spate of recent moves by hedge funds into Bermuda and Caribbean-based reinsurance companies, which provide catastrophe insurance to insurance  companies.<\/p>\n<p>  Earlier this month, Citadel Investment Group, a $12 billion hedge fund based in Chicago, disclosed that it formed its second reinsurance company, New Castle Reinsurance Co. Ltd., with $500 million  in backing.<\/p>\n<p>  <a href=\"http:\/\/c.moreover.com\/click\/here.pl?b423524974&amp;r=MSNnews\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov 15 (Reuters) &#8211; Investment manager Greenlight Capital has formed a new offshore reinsurance company to capitalize on growing demand for insurance products, company founder David Einhorn said at a conference on Tuesday. The formation of Greenlight Capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3605","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3605"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3605\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}