Greenlight Capital Re, Ltd. (GLRE)

Q1 2010 Earnings Call Transcript

May 4, 2010 9:00 am ET

Executives

David Einhorn – Chairman

Len Goldberg – CEO

Bart Hedges – President and Chief Underwriting Officer

Tim Courtis – CFO

Analysts

Jim Bradshaw – Bares Capital Management

Rusty Deuss [ph] – JP Morgan

Presentation

Operator

Thank you for joining the Greenlight Capital RE Limited conference call on first quarter 2010 earnings. Joining us on the call this morning are David Einhorn, Chairman, Len Goldberg, Chief Executive Officer, Bart Hedges, President and Chief Underwriting Officer and Tim Courtis, Chief Financial Officer. The company reminds you that forward-looking statements that may be made in this call are intended to be covered by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are not statements of historical fact, but rather reflect the company's current expectations, estimates and predictions about future results and events and are subject to risks, uncertainties and assumptions including risks, uncertainties and assumptions that are enumerated in the company's Form 10-K dated February 24, 2010 and other documents filed by the company with the SEC. If one or more risks or uncertainties materialize or if the company's underlying assumptions prove to be incorrect, actual results may vary materially from what the company projects. The company undertakes no obligation to update publicly or revise any forward-looking statements whether as a result of new information, future events or otherwise.

After today's presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Len Goldberg, Chief Executive Officer. Please go ahead.

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