GRAND CAYMAN, Cayman Islands – March 6, 2018 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced the launch of Greenlight Re Innovations, its new innovation unit. The unit will be headed by Greenlight Re’s Chief Operating Officer Michael Belfatti.