 AM Best has affirmed the Financial Strength Rating of A- Excellent and the Long-Term Issuer Credit Ratings Long-Term ICR of a- of Greenlight Reinsurance, Ltd. Cayman Islands and Greenlight Reinsurance Ireland, Designated Activity Company Ireland. Additionally, AM Best has affirmed the Long-Term ICR of bbb- of Greenlight Capital Re, Ltd. Cayman Islands GLRE NASDAQ: GLRE, the ultimate holding company. The outlook of these Credit Ratings ratings is negative. 