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Greenlight Capital

Trade risk
TypeCompany[sources]
NameGreenlight Capital[sources]
Incorporation datenot available[sources]
Jurisdictionnot available[sources]
CountryCayman Islands[sources]
Registration numbernot available[sources]
SectorInsurance[sources]
Websitegreenlightre.com[sources]
Source linkwww.unitedagainstnucleariran.com[sources]
Last changeLast processedFirst seen

Descriptions

According to its Quarterly Report filed with the SEC in 2019: "We had previously entered into a reinsurance contract with a non-U.S insurer that provides liability insurance on a global basis to shipping vessels navigating into and out of ports worldwide including, potentially, in Iran. We believe that while this cedent took appropriate and necessary steps to wind-down its Iran related activities, this contract expired during the first quarter of 2019 and we did not renew it. For the quarter ended June 30, 2019, there were no revenues or income relating to this reinsurance contract." (https://www.sec.gov/Archives/edgar/data/1385613/000138561319000082/glre-2019063010qdocumentq2.htm)

Iran UANI Business Registry non-official source,

For the year ended December 31, 2019, we are not aware of any additional premium with respect to underwriting reinsurance activities reportable under Section 13(r). Should any such risks have entered into the stream of commerce covered by these reinsurance activities, we believe that the premiums associated with such business would be immaterial."

Iran UANI Business Registry non-official source,

According to its Form 10-K filed with the SEC for fiscal year 2019: "As and when allowed by the applicable law and regulations, our non-U.S. subsidiaries provide treaty reinsurance coverage to non-U.S. insurers on a worldwide basis, including insurers of liability, marine, aviation and energy risks, and as a result, these underlying reinsurance portfolios may have some exposure to Iran. In addition, we underwrite facultative reinsurance on a global basis to non-U.S. insurers, including for liability, marine, aviation and energy risks. Coverage provided to non-Iranian business may indirectly cover an exposure in Iran. For example, certain of our reinsurance contracts cover global marine hull and cargo policies that provide coverage for vessels navigating into and out of ports worldwide, including Iran. (https://www.sec.gov/Archives/edgar/data/1385613/000138561320000012/glre-20191231x10kdocument.htm)

Iran UANI Business Registry non-official source,

According to its Quarterly Report filed with the SEC in 2018: "We entered into a reinsurance contract with a non-U.S insurer (the “cedent”) that provides liability insurance on a global basis to shipping vessels navigating into and out of ports worldwide including, potentially, in Iran. In light of recent developments regarding sanctions, the cedent is in regular contact with its insured and the cedent has taken appropriate and necessary steps to wind-down its Iran related activities. The cedent expects to be compliant with the reimposed OFAC." (https://www.sec.gov/Archives/edgar/data/1385613/000138561318000124/glre-2018063010qdocument.htm)

Iran UANI Business Registry non-official source,

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Iran UANI Business Registry non-official source,

Relationships

Data sources

Iran UANI Business Registry2,687

List of companies involved in international business with or in Iran, including their withdrawal status from Iranian business ties, maintained by United Against Nuclear Iran (UANI).

United States · UANI · non-official source


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