Greenlight Capital Re, Ltd. (NASDAQ:GLRE)
CAPS Rating:
The Company is a specialty property and casualty reinsurer, which operates business through its one operating segment, property and casualty reinsurance.
The Company is a specialty property and casualty reinsurer, which operates business through its one operating segment, property and casualty reinsurance.
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Recs
Einhorn is a fairly smart guy. Generally, when I read a book from a new upstart aiming to make a name for himself, I tend to be skeptical. Einhorn's didn't make me want to hurl and avoided most of the mistakes that others in that situation commonly make.Coming off of a quarterly loss and an expected increase in the underwriting fees post-Japan from losses experienced by the competition, I take now to be a good entry for GLRE.