Latest Thirdpointre Headlines

All the headlines from our Thirdpointre Topic Page, ordered by recency.

A.M. Best Affirms Ratings of Third Point Reinsurance & Subsidiaries

Mar 20 2015 // A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Third Point Reinsurance Company Ltd. (TPRCL) (Bermuda) and Third Point Reinsurance...

Third Point Re Says It’s a Real Insurer as IRS Weighs Tightening Tax Rules

Mar 13 2015 // Third Point Reinsurance Ltd., which counts Dan Loeb as a founder, said it’s more than just a hedge fund investing vehicle as the Internal Revenue Service weighs tightening regulation for offshore...

Loeb’s Third Point Reinsurance Ltd. Shuns Acquisitions in U.S., Europe

Feb 12 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, said buying a competitor in the U.S. or Europe could clash with its business model. “One of our strengths is we can...

Third Point Re Picks Short Hills, N.J., as U.S. Subsidiary Location

Jan 21 2015 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, New Jersey, as the location for a new U.S. subsidiary. Shane Haverstick, senior vice president of...

Loeb’s Third Point Re Pushes into U.S. With Hires after Stock Fall

Dec 5 2014 // Third Point Reinsurance Ltd., the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, is expanding in the U.S. after underwriting losses fueled a stock slump. The reinsurer hired Tom Wafer and Jonathan Norton,...

Ratings Recap: Third Point Re, Sava Re, NEWGT

Feb 7 2014 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based Third Point Reinsurance Company Ltd. (TPRCL). The outlook for...

Loeb’s Third Point Re Set for IPO as Einhorn’s Truck Bet Shows Insurers’ Risk

Aug 14 2013 // Investors in Third Point Reinsurance Ltd.’s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They’re also taking on risk from an unprofitable underwriting operation. The sale...

Third Point Re Claims Eligibility for U.S. Jobs Act Disclosure Limits with No U.S. Staff

Aug 8 2013 // Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can limit financial disclosure after a public offering because of rules promoting domestic job...