Greenlight Re books Q1 underwriting loss of $2mn as shareholders reject pay
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Greenlight Re books Q1 underwriting loss of $2mn as shareholders reject pay

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Greenlight Re has reported a net underwriting loss of $2mn for Q1 and net income of $6.5mn as its investment portfolio swung to a profit.

At parent company Greenlight Capital Re’s annual general meeting (AGM), held this week, shareholders rejected the company’s executive compensation package and the reelection of Joseph Platt to its board, although he was elected to Greenlight Re’s board.

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