Third Point Reinsurance Ltd., through its subsidiaries, provides various specialty property and casualty reinsurance products in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in two segments, Property and Casualty Reinsurance, and Catastrophe Risk Management. The Property and Casualty Reinsurance segment underwrites property, personal automobile, workers compensation, homeowners’, crop insurance, mortgage insurance, extended warranty insurance, general and professional liability, and multi-line reinsurance for insurance and reinsurance companies. The Catastrophe Risk Management segment underwrites property catastrophe exposures; and writes excess of loss catas...
3 Waterloo Lane
Pembroke, HM 08
Founded in 2011
Third Point Reinsurance Ltd. Presents at Bank of America Merrill Lynch 2017 Insurance Conference, Feb-15-2017 03:30 PM
Feb 8 17
Third Point Reinsurance Ltd. Presents at Bank of America Merrill Lynch 2017 Insurance Conference, Feb-15-2017 03:30 PM. Venue: The Bank of America Tower, New York, New York, United States. Speakers: John R. Berger, Chairman, Chief Executive Officer, Chairman of Executive Committee, Chairman of Underwriting Committee, Member of Investment & Finance Committee and Chief Executive Officer of Third Point Reinsurance (USA) Ltd.
Gary Walters to Step Down as Member of the Board of Directors of Third Point Reinsurance Ltd
Dec 6 16
On November 30, 2016, Mr. Gary Walters, a member of the Board of Directors of Third Point Reinsurance Ltd. notified the Board that he will step down at the end of his term and not stand for reelection at the company's 2017 Annual Shareholder Meeting. Mr. Walters will continue to serve on the Board until the end of his term at the 2017 Annual Shareholder Meeting.
Third Point Reinsurance Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016
Nov 3 16
Third Point Reinsurance Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net premiums written of $141,646,000, total revenues of $216,539,000, Income before income tax benefit of $75,532,000, net income of $72,091,000 or $0.68 per diluted share against reported net premiums written of $205,208,000, total revenues of $15,649,000, loss before income tax expense of $205,217,000, net loss of $195,715,000 or $1.88 per diluted share a year ago. Book value as at September 30, 2016 was $13.55 per diluted share. Return on beginning shareholders' equity was 5.2% compared to return on beginning shareholders' equity negative of 12.8% a year ago.
For the nine months, the company reported net premiums written of $534,243,000, total revenues of $532,699,000, income before income tax benefit of $81,666,000, net income of $74,328,000 or $0.70 per diluted share against net premiums written of $601,407,000, total revenues of $378,831,000, loss before income tax expense of $136,014,000, net loss of $129,583,000 or $1.25 per diluted share a year ago. Return on beginning shareholders' equity was 5.4% compared to return on beginning shareholders' equity negative of 8.9% a year ago.