Greenlight Re – AM Best sheathes the Sword of Damocles
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Greenlight Re – AM Best sheathes the Sword of Damocles

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Through much of 2019 and 2020, it looked like there was a very narrow path forward for Greenlight Re as an independent business.

As AM Best turned hawkish on the weak underwriting returns and investment volatility of the total return reinsurers, and the US Treasury dialled up the pressure through changes to the Passive Foreign Investment Company rules, the walls were really...

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