Greenlight Capital Re, Ltd. Announces Date of Annual Meeting of Shareholders

Rhea-AI Summary

Greenlight Capital Re (Nasdaq: GLRE) has scheduled its 2020 Annual Meeting for October 29, 2020, at its headquarters in Grand Cayman at 9:00 a.m. local time. Shareholders on record as of September 8, 2020, will receive notices and voting instructions for the meeting. The company, established in 2004, specializes in property and casualty reinsurance and aims to provide risk management solutions while focusing on long-term growth in book value per share. The release includes forward-looking statements regarding potential risks affecting the business.

Positive

• Scheduled 2020 Annual Meeting allows shareholders to participate in corporate governance.
• Company focuses on delivering risk management products and services, indicating potential for growth.

Negative

• None.

GRAND CAYMAN, Cayman Islands, July 21, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has established October 29, 2020 as the date for its 2020 annual general meeting of shareholders (the “Annual Meeting”). The Annual Meeting will be held at the Company’s offices at 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Cayman Islands at 9:00 a.m. (local time).

Greenlight Re’s shareholders of record at the close of business on September 8, 2020, will be entitled to notice of the Annual Meeting and to vote upon matters considered at the Annual Meeting.

Greenlight Re will send the notice of the Annual Meeting with the voting instruction form to shareholders of record, along with instructions on how to access materials online that contain important information about the Annual Meeting and the matters to be considered.

About Greenlight Capital Re, Ltd.

Established in 2004, Greenlight Re (www.greenlightre.com) is a Nasdaq listed company with specialist property and casualty reinsurance companies based in the Cayman Islands and Ireland. Greenlight Re provides risk management products and services to the insurance, reinsurance and other risk marketplaces. The Company focuses on delivering risk solutions to clients and brokers by whom Greenlight Re's expertise, analytics and customer service offerings are demanded. With an emphasis on deriving superior returns from both sides of the balance sheet, Greenlight Re manages its assets according to a value-oriented equity-focused strategy that supports the goal of long-term growth in book value per share.

Forward Looking Statements

This news release contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements made on behalf of the Company. These risks and uncertainties include the impact of general economic conditions and conditions affecting the insurance and reinsurance industry, the adequacy of our reserves, our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market fluctuations, trends in insured and paid losses, catastrophes, regulatory and legal uncertainties and other factors described in our Form 10-K and Amendment No. 1 to Form 10-K filed with the Securities Exchange Commission on April 29, 2020. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as provided by law.

For further information contact:                    

Investor Relations:
Adam Prior
The Equity Group Inc.
(212) 836-9606
IR@greenlightre.ky

FAQ

What is the date of Greenlight Capital Re's 2020 Annual Meeting?

The 2020 Annual Meeting is scheduled for October 29, 2020.

Where will Greenlight Capital Re's Annual Meeting be held?

The meeting will be held at the Company's offices in Grand Cayman.

Who can attend the Greenlight Capital Re Annual Meeting?

Shareholders of record as of September 8, 2020, can attend and vote.

What does Greenlight Capital Re do?

Greenlight Capital Re is a specialist property and casualty reinsurance company.

What is the significance of the Annual Meeting for shareholders of GLRE?

The Annual Meeting provides an opportunity for shareholders to participate in governance and decision-making.