Third Point Reinsurance Ltd. News

Third Point Makes Equity Investment in California-based Noblr

Third Point Reinsurance Ltd. has entered into a relationship with Noblr Inc. through a combination of a minority equity investment and reinsurance, the company announced. Terms of the deal weren’t disclosed. San Francisco, Calif.-based Noblr is a technology-driven company co-founded …

Third Point Reinsurance Names Malloy as CEO, Succeeding Bredahl Who Has Resigned

Third Point Reinsurance Ltd. (TPRE) has appointed Daniel Malloy as CEO, effective May 10. He succeeds J. Robert Bredahl, whose resignation has been accepted by the board. Bredahl had been TPRE’s CEO since March 2017. Malloy moves into his new …

Hedge Funds Leery of Moves to Limit U.S. Reinsurance Tax Break

Dan Loeb’s reinsurer cited risks tied to regulation as the Internal Revenue Service and U.S. Senator Ron Wyden work to limit what the lawmaker called a “tax loophole” used by hedge fund managers to route investments abroad. Third Point Reinsurance …

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

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 operations, said he’s moving to the new …