More Trouble for David Einhorn?

Greenlight Re can’t catch a break, as an auto insurer it reinsured goes bust.

David Einhorn (Andrew Harrer/Bloomberg)

David Einhorn

(Andrew Harrer/Bloomberg)

David Einhorn’s Greenlight Capital hedge fund may have started to come back last year, but his reinsurance company, Greenlight Re, could be facing more troubles.

Greenlight Re, which provides both permanent capital and a tax break for Einhorn, is facing new pressure as one of the companies it has reinsured, Windhaven, was put into liquidation late last year.

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