Third Point Re and Sirius Group Agree to Merger in Deal Worth $788M August 7, 2020 Third Point Reinsurance and Sirius International Insurance Group, a global multi-line insurer and reinsurer, announced they have entered into a...
For Third Point Re, COVID-19 Crisis Hurts, but It Celebrates 1st Underwriting Profit May 20, 2020 By L.S. Howard Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
Luxury Yacht, Owned by Third Point Re’s Loeb, Damages Belize Coral Reef February 14, 2020 By Laura Millan A luxury yacht owned by hedge fund manager Daniel Loeb damaged a pristine reef atoll in Belize near the famous...
Third Point Reinsurance Names Malloy as CEO, Succeeding Bredahl Who Has Resigned May 10, 2019 Third Point Reinsurance Ltd. (TPRE) has appointed Daniel Malloy as CEO, effective May 10. He succeeds J. Robert Bredahl, whose...
Partner Re, RenRe & Third Point Re Estimate Q3 Natural Catastrophe Losses October 6, 2017 Three more reinsurers released their initial loss estimates from third quarter natural catastrophes, which include Hurricanes Harvey, Irma and Maria...
Third Point Re Shuns M&As Because Many Such ‘Marriages’ End in Divorce October 20, 2016 By Sonali Basak and Jordyn Holman Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, likened the risk of mergers and acquisitions to picking a...
Third Point Re’s Q2 Net Income Rises to $53.4M in Biggest Profit Since 2013 August 5, 2016 By Agnel Philip and Sonali Basak Third Point Reinsurance Ltd., the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its biggest...
Hedge Fund Insurers Struggle in Crowded Market with Poor Investment Results: S&P July 7, 2016 By Sonali Basak Hedge fund firms that set up reinsurance companies will struggle because too many rivals had the same idea and investment...
Loeb’s Hedge Fund Lowers Fees for Third Point Re June 29, 2016 By Katherine Chiglinsky and Simone Foxman Third Point Reinsurance Ltd. won lower fees on investments overseen by Dan Loeb’s Third Point LLC, the hedge fund manager...