<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>3
<FILENAME>ex24-1.txt
<DESCRIPTION>CONFIRMING STATEMENT
<TEXT>
                                                                    Exhibit 24.1

                              CONFIRMING STATEMENT

     This Statement confirms that the undersigned, David Einhorn, as trustee on
behalf of the David M. Einhorn 2007 GRAT, has authorized and designated Sherry
Diaz to execute and file on the David M. Einhorn 2007 GRAT's behalf all Forms 3,
4, and 5 (including any amendments thereto) that the David M. Einhorn 2007
GRAT's may be required to file with the U.S. Securities and Exchange Commission
as a result of the David M. Einhorn 2007 GRAT's ownership of or transactions in
securities of Greenlight Capital Re, Ltd. The authority of Sherry Diaz under
this Statement shall continue until the undersigned is no longer required to
file Forms 3, 4, and 5 with regard to its ownership of or transactions in
securities of Greenlight Capital Re, Ltd., unless earlier revoked in writing.
The undersigned acknowledges that Sherry Diaz is not assuming any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.



Date: May 25, 2007               /s/ David Einhorn
                                 ------------------
                                     David Einhorn, trustee of the David M.
                                     Einhorn 2007 GRAT
</TEXT>
</DOCUMENT>
