Greenlight Re took $7.5mn Q3 Helene loss, expects $5mn-$15mn Milton hit in Q4

Greenlight Re took $7.5mn of losses from Hurricane Helene and expects a loss of $5mn to $15mn from Hurricane Milton, Greenlight Re’s CEO has revealed while also commenting that he is confident the Cayman Island-based reinsurer can “take advantage of market opportunities at 1.1”.