UNDERWRITING
Greenlight Re offers excess of loss, quota share, stop-loss, and structured products across a range of classes in the property and casualty market. Our underwriting approach varies by class and type of opportunity.
LOCATIONS
CAYMAN ISLANDS
Our Cayman Islands office services US and international cedants in the property, casualty, financial risks, and agriculture classes. Our key areas of focus include General Liability, Workers Compensation, Mortgage, Specialty Credit & Surety, Transactional Liability, and North American Crop. We also consider Property Cat on a selective basis.
IRELAND
In the London and European market, our focus is primarily on specialty classes including marine and energy, satellite, aviation, terrorism and political risk.
GREENLIGHT RE
UNDERWRITING
With our team of experienced underwriters, Greenlight Re offers our clients and brokers capacity and expertise across a broad range of treaty reinsurance classes of business.
CASUALTY
KEY CONTACTS
CASUALTY
We underwrite a diverse portfolio of casualty sub-classes through both quota share and excess of loss structures, including working and catastrophe layers. While our core appetite focuses on risks with short-to-medium loss reporting tails, we remain open to evaluating long-tail opportunities on a strategic basis.
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
We work to establish long term reinsurance relationships with casualty clients and are committed to understanding their business and providing collaborative capital support.
Innovations / Insurtech
KEY CONTACTS
INNOVATIONS / INSURTECH
We actively support innovative companies that look to disrupt the insurance market by providing better products to customers using data and technology. Our appetite includes a wide range of classes of business through both quota share and excess of loss reinsurance.
We primarily support strategic partners we have invested in via Greenlight Re Innovations (see here) and we will also selectively consider Insurtech opportunities which are not associated with our Innovations unit.
REINSURANCE TYPE
Quota share and excess of loss (working and catastrophe layers)
TERRITORIAL SCOPE
Worldwide
MORTGAGE & CREDIT
KEY CONTACTS
MORTGAGE & CREDIT
We write a diversified portfolio on a quota share and excess of loss basis.
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
PROPERTY
KEY CONTACTS
PROPERTY
We offer rated capacity in the property catastrophe space with an appetite for reinsurance and retrocessional placements on an occurrence excess of loss and quota share basis. We will also consider Property Per Risk and Aggregate Excess of Loss placements.
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
SPECIALTY
KEY CONTACTS
MARINE & ENERGY
We write a worldwide portfolio on a quota share and excess of loss basis, which is split between the London market and international business. Protection is offered either on a standalone or multi-class basis and ranges from simple single class/territory treaty offerings to complex global programs.
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
TERROR & POLITICAL VIOLENCE
We write Terror and Political Violence cover on a stand-alone business or as part of a package with the other perils listed in the Marine and Energy section.
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
AVIATION & SPACE
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Worldwide
CYBER
REINSURANCE TYPE
Quota share, excess of loss, and stop-loss
TERRITORIAL SCOPE
Worldwide
WHOLE ACCOUNT & FUNDS AT LLOYD'S
We provide Funds at Lloyd’s capacity to a number of Lloyd’s syndicates through a dedicated corporate member. We aim to build long-term strategic partnerships, generally supporting our Lloyd’s partners’ outward reinsurance programs.
We also consider whole-account covers on a quota share and excess of loss basis for specific cedants.
AGRICULTURE
We write a global portfolio of agriculture treaty business comprising quota share, excess of loss and stop loss business. We cover traditional agriculture insurance in a follow-line capacity.
REINSURANCE TYPE
Quota share, excess of loss, and stop-loss
TERRITORIAL SCOPE
Worldwide
US AUTO
KEY CONTACTS
US AUTO
We write private passenger auto on a stand-alone basis providing leading or following lines. We write commercial auto on a package, multi-line basis with other main-street commercial insurance lines or on a stand-alone basis (excluding long haul trucking).
REINSURANCE TYPE
Quota share and excess of loss
TERRITORIAL SCOPE
Nationwide
Shannon-Lee Pires-Caires
Reinsurance Underwriter - Cayman Islands
Shannon-Lee joined Greenlight Re in September 2023 with 7 years of experience in P&C reinsurance. Previously Shannon-Lee worked as a Treaty P&C Underwriter at UnipolRe DAC covering European business and before that she worked as a Facultative Underwriter at Munich Re covering business in the Middle East and Sub-Saharan Africa. Shannon-Lee graduated with an Honors degree in Insurance and Risk Management from the University of the Witwatersrand and has a Diploma in Insurance from the Chartered Insurance Institute.
Kagabo Ngiruwonsanga
Chief Underwriting Officer - Innovations
Kagabo Ngiruwonsanga serves as our Head of Innovations Underwriting, prior to that he was the Head of Pricing and Analytics from 2018 – 2022. He joined Greenlight Re in 2011 as an Actuary in the underwriting team. Kagabo has over 20 years of property and casualty insurance experience and is a Fellow of the Casualty Actuarial Society. Prior to joining Greenlight Re, Kagabo was an Actuary at Liberty Mutual Insurance company where he worked on pricing reinsurance treaties as well as personal lines products. Before that, Kagabo worked at Metlife Auto and Home where he was involved in the modelling of the catastrophe book as well as pricing home and auto insurance. Kagabo holds a B.A. in Economics from Macalester College in Saint Paul, Minnesota
Regan Cairns
Chief Underwriting Officer - Cayman Islands
Regan Cairns joined Greenlight Re in 2018. Prior to joining Greenlight Re, she spent several years focusing on the audit of captive insurance and reinsurance entities, as well as valuation of private equity/debt investments at KPMG in the Cayman Islands. Before that, Regan worked in the U.S. corporate tax practice at Deloitte in Toronto, Canada. Regan graduated with a Bachelor of Business Administration from Wilfrid Laurier University in Canada. She holds the CPA and CA designations through the Chartered Professional Accountants of Canada and is a CFA Charterholder.
Martin Vezina
Head of Underwriting Analytics
Martin Vezina was appointed as Head of Underwriting Analytics of Greenlight Reinsurance, Ltd. in May 2025. In this capacity, Vezina oversees Greenlight Re’s underwriting analytics and pricing function.
Martin has held various senior underwriting positions at Allianz, New Ocean Capital, AQR Re, and Markel (previously Alterra/Harbor Point Re/Chubb Re). He also held actuarial roles at American Re and Overseas Partners Re early on. Martin holds a Bachelor of Science in actuarial science from Laval University and holds the professional designations: Fellow of the Casualty Actuarial Society, Chartered Property Casualty Underwriter, Associate in Reinsurance, and Certified Catastrophe Risk Analyst.
Ruaidhri Doolan
Reinsurance Underwriter - Ireland
Ruaidhri joined Greenlight Re as an underwriter in 2022. He is based in the Ireland office and has a focus on London Market Specialty markets. Ruaidhri is a Fellow of the Society of Actuaries in Ireland, and prior to joining Greenlight Re worked in various actuarial roles in the (re)insurance industry. Ruaidhri graduated with a Bachelor in Actuarial and Financial Studies from University College Dublin.