Hedge Funds

Greenlight names president for reinsurance unit


As it ramps up its first underwriting push, Greenlight Reinsurance has named an experienced industry executive to the post of president and chief underwriting officer.

Barton Hedges is joining the Cayman Islands affiliate of David Einhorn's Greenlight Capital Management from Platinum Underwriters Bermuda.

Hedges has served as president and chief operating officer of reinsurer Platinum since 2002 and helped oversee the company's start-up. Platinum now writes about $250 million of property, casualty and finite reinsurance annually.

Headed by chief executive Len Goldberg, and capitalized with more than $220 million, Greenlight Re is also now beginning to write property and casualty