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ILS an option to consider for SiriusPoint: CEO Sankaran

SiriusPoint, the new Class of 2020 international insurance and reinsurance firm being launched out of the coming together of Third Point Re and Sirius Group, sees ILS as “an option to consider” in terms of its capital use, CEO Sid Sankaran told us in an interview. Speaking with Artemis and our read the full article →

SiriusPoint to form as Third Point Re and Sirius Group agree to combine

Global insurance and reinsurance group SiriusPoint will be formed after Third Point Re and Sirius Group reached agreement to combine in a cash and stock transaction. The transaction is valued at $788 million and is set to create a new global company with approximately $3.3 billion of tangible capital and around read the full article →

Third Point Re sees retro contraction & trapped collateral as opportunity: CEO Malloy

Third Point Re, the Bermuda headquartered, hedge fund backed global reinsurance firm, aims to find opportunity in any dislocation seen across retrocession and ILS markets, as it stands ready to deploy more capacity into catastrophe retro renewals, its CEO told us. Speaking with Artemis, Third Point Re CEO Dan Malloy explained read the full article →

Third Point Re in property cat boost, Malloy affirmed CEO, Sankaran joins board

Bermuda headquartered, hedge fund backed, global reinsurance firm Third Point Re has begun to benefit from its expansion into property catastrophe reinsurance underwriting, reporting a contribution to its results that helped to lower the combined ratio. Third Point Re has still reported a technical underwriting loss, as the combined ratio for read the full article →

Third Point Re – less hedge fund investing, more catastrophe underwriting

Bermuda headquartered, hedge fund backed reinsurance firm Third Point Re is pivoting further away from the longer-tailed underwriting, more active investment approach of its original strategy, as it embraces catastrophe risk once again. As one of the main proponents of the total return or hedge fund reinsurance strategy, Third Point Re read the full article →

Third Point Re makes Dan Malloy CEO, as Bredahl & Gupta depart

Dan Malloy is being appointed Chief Executive Officer (CEO) of Third Point Reinsurance Ltd., as Rob Bredahl has resigned. At the same time Manoj Gupta has also left the firm, leading to changes at the top of Third Point Re U.S. Third Point Re is a total return, hedge fund backed read the full article →

Third Point Re targets property cat underwriting again

Bermuda headquartered, hedge fund backed reinsurance firm Third Point Re is set to return to underwriting property catastrophe reinsurance next year, but this time for its own balance-sheet and as a way to help reduce its combined ratio. Third Point Re, which is backed by hedge fund manager Dan Loeb’s Third read the full article →

Third Point Re sees miminal cat loss, best investment return ever

Hedge fund backed reinsurance firm Third Point Re revealed an, as expected, minimal loss from recent catastrophe events in the third-quarter and also highlighted why its strategy has the potential to outperform peers, by revealing a 14.4% investment return for the first nine months of the year. Third Point Re was read the full article →

Changes at top of Third Point Re as Berger steps further back

John Berger's stepping back from senior leadership roles at hedge fund backed reinsurance firm Third Point Re has driven further changes, as he hands over the CEO role at Third Point Re USA to Robert Bredahl, with Daniel Malloy now stepping up from CUO to CEO of Third Point Reinsurance read the full article →

Investment oriented reinsurance model best when sponsored: S&P

The total return reinsurance model, or investment oriented reinsurance model, or hedge fund backed reinsurance model (depending on what you prefer to call it), remains a challenging strategy to execute on well, but more recent start-ups that are sponsored by an existing re/insurer and asset manager are favoured by S&P. Rating read the full article →