Greenlight strikes $1.1bn Windhaven quota share deal

Hedge fund-backed reinsurer Greenlight Re has agreed to provide
$1.1bn in multi-year quota share cover for Florida and Texas
personal lines carrier Windhaven Insurance.
The renewed policy will assume a "substantial portion"
of its increased premiums capacity of $1bn over a two year term,
Miami-based Windhaven said today.
The total return reinsurer affiliated with David Einhorn's
New York-based Greenlight Capital hedge fund has provided
reinsurance cover for the Miami-based carrier since 2011.
Wi