Third Point Re Says It’s a Real Insurer as IRS Eyes Tax Rule
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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 companies.
“Anyone that spent a day in our office would clearly see that we’re a real insurance company,” Chris Coleman, the chief financial officer, said at a conference Thursday in Boston.