UK’s Prudential to Buy Thai Bancassurance Partnership from FWD Group March 19, 2020 By Manuel Baigorri Prudential Plc, the UK insurer besieged by activist investor Third Point, has agreed to acquire a bancassurance partnership in Thailand...
Third Point Re Reports 2015 Net Loss of $87.4M on Poor Investment Returns February 26, 2016 By Katherine Chiglinsky and Sonali Basak Third Point Reinsurance Ltd., which counts on Dan Loeb to oversee investments, swung to a profit in the fourth-quarter as...
Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill June 26, 2015 By Selina Wang and Sonali Basak The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift...
Hedge Fund, Sandell Asset Management, Forms Bermuda Reinsurer March 5, 2015 By Jing Cao and Sonali Basak Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, started a Bermuda-based reinsurer to support its investing...