Likeliest bidders for Greenlight Re include Sirius, Enstar and Catalina 
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Likeliest bidders for Greenlight Re include Sirius, Enstar and Catalina 

Aerial view of coastline of Grand Cayman, Cayman Islands

Despite its depressed valuation, Greenlight Re is likely to draw very limited takeover interest given its weak underwriting franchise and the ratings agency and regulatory pressure on the hedge fund aspect of its model.

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