Greenlight Capital Re, the Cayman Islands specialty property
and casualty reinsurer bankrolled by David Einhorn's $4 billion
Greenlight Capital, has filed to go public.
The move, on January 16, seeks to raise $175 million and had
been expected by industry insiders in Bermuda, the home to many
offshore reinsurers (see "Reinsurance Redux," Absolute
Greenlight Re's IPO follows in the footsteps of several
recently formed Bermuda-based reinsurers, including