GREENLIGHT CAPITAL RE, LTD. (NASDAQ:GLRE) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement

Amendment No. 1 to Shareholders' Agreement

On June 29, 2018, Greenlight Capital Re, Ltd. (the "Registrant") entered into an amendment (the “Amendment”) to the Shareholders' Agreement, dated as of August 11, 2004 (the "Agreement") between the Registrant and David Einhorn, the Chairman of the Registrant’s Board of Directors and the president of Greenlight Capital, Inc. and DME Advisors, LP, which are affiliates of the Registrant, to extend the expiration date of the Agreement to June 30, 2021 (the "termination date"). Within one (1) year prior to the termination date, the Agreement can be extended for additional periods, each not to exceed ten (10) years.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment to the Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

GREENLIGHT CAPITAL RE, LTD. Exhibit
EX-10.1 2 amendmenttoshareholdersrig.htm EXHIBIT 10.1 AMENDMENT Exhibit AMENDMENT NO. 1 TO SHAREHOLDERS’ AGREEMENTThis Amendment No. 1,…
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About GREENLIGHT CAPITAL RE, LTD. (NASDAQ:GLRE)

Greenlight Capital Re, Ltd. is a property and casualty reinsurance holding company. The Company operates through property and casualty reinsurance segment. Its underwriting operations are classified into two categories: frequency business, which is characterized as contracts containing a number of small losses emanating from multiple events, and severity business, which is characterized as contracts with the potential for losses emanating from one event or multiple events. The Company’s property line of insurance provides protection for aviation, commercial, energy, motor physical damage and personal. It offers casualty insurance products for general, marine, motor and professional liabilities. The Company’s specialty insurance products are offered for financial, health and worker’s compensation. Its subsidiaries include Greenlight Reinsurance, Ltd, (Greenlight Re), Greenlight Reinsurance Ireland, Ltd. (GRIL) and Verdant Holding Company, Ltd. (Verdant).