Greenlight Capital Reinsurance, LTD (NASDAQ:GLRE) is a relatively new reinsurance firm founded by David Einhorn. The reinsurance company, established in 2004, operates as part of Einhorn's Greenlight Capital hedge fund. Based on my analysis, I believe that GLRE is a good investment that is poised to grow in the future. Before I get to that, however, I would like to discuss the company and the reinsurance industry in a bit more detail.
The Reinsurance Industry:
Reinsurance is insurance that is purchased by an insurance company as a way to manage the risk that the company takes on. The purchasing company and the reinsurance company enter into an agreement in which the purchasing company pays a premium to the...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|