Greenlight Capital Re, a specialty property and casualty reinsurance company, has appointed Bart Hedges as new CEO, effective 15 August 2011.

Hedges currently president and chief underwriting officer will succeed CEO Len Goldberg effective with Goldberg’s planned retirement. Hedges will also serve on the Board.

With 25 years of reinsurance experience and 10 years in executive leadership roles, Hedges joined Greenlight Re in January 2006 as president and chief underwriting officer, playing a key role in establishing the company in the offshore reinsurance market.

Previously Hedges served as president and chief operating officer at Platinum Underwriters Bermuda.

Prior to that, Hedges held executive positions at Scandinavian Reinsurance Company Bermuda as president and CEO and as executive vice president and chief operating officer.

Concurrent with Hedges becoming CE, Greenlight Re will promote Brendan Barry to chief underwriting officer and Claude Wagner to chief actuary. Both are currently senior executives.

As senior vice president with Greenlight Re since 2006, Barry has been instrumental in building the underwriting portfolio and managing many of the day-to-day operations of the underwriting team.

Wagner, who has also been with Greenlight Re since 2006, has served as vice president, actuary, and is a Fellow of the Casualty Actuarial Society.