Einhorn Reinsurance Looks To Diversify Term Risk

As the general quest for acceptable low risk yield among professional investors becomes more intense, and the search for sticky money intensifies, some money managers are considering expansion of their exposure to longer term insurance risk. Einhorn poached two industry executives for business improvement With a backdrop of searching for more profitable re-insurance risk, Greenlight Capital Re, Ltd. (NASDAQ:GLRE), a re-insurance company covering mostly short term risk, recently poached two industry executives to improve results and target new markets. Tim Adair, who was formerly with managing director at Guy Carpenter, the reinsurance brokerage at Marsh & McLennan Companies, joins Greenlight…