14 September 2016EMEA analysis

Greenlight Re partners with Kattan Associates

Greenlight Reinsurance Ireland, a subsidiary of Greenlight Capital Re, has entered into an agreement with Kattan Associates.

Greenlight Re provides reinsurance to the insurance, risk retention, captive and financial markets.

Under the terms of the agreement, Kattan Associates will develop business opportunities in the European and Asian markets, on behalf of Greenlight Re and its subsidiary companies.

“This is an important step for Greenlight Re Ireland as we continue to expand our global footprint and further diversify our underwriting portfolio,” said Brendan Barry, chief underwriting officer of Greenlight Re.

“We believe that the extensive experience and relationships that Kattan Associates brings to the insurance industry will provide an excellent network for Greenlight Re to access attractive business.”

Habib Kattan, director of Kattan Associates, added: “I am delighted that Greenlight Re has become a client of Kattan Associates and I look forward to generating profitable underwriting opportunities to expand its client base and underwriting portfolio in Europe and Asia.

“Our relationship combines the skilled underwriting and execution of Greenlight Re with the deep client knowledge and relationships of Kattan Associates.”

Prior to forming Kattan Associates, Kattan served as the group head of ceded reinsurance and credit control at Tokio Marine Kiln, a London market insurance and reinsurance company.