Third Point Reinsurance

Third Point Re, the Bermuda domiciled reinsurer backed by Third Point LLC hedge fund owner Dan Loeb, has increased the offering size of its long-awaited IPO to a maximum of $345m. When Third Point Re initially filed its IPO documentation it was hoping for an offering of $250m but it seems demand has allowed it […]

Third Point Re, the Bermuda domiciled reinsurer established with the backing of Thid Point LLC hedge fund owner Dan Loeb, has now filed the paperwork for its expected initial public offering (IPO). The IPO will see Third Point Reinsurance Ltd. seek to raise $250m, or more, in an offering of shares designed to help it […]

Bermuda based hedge fund backed reinsurer Third Point Re has announced a new hire to its investment management arm, Third Point Reinsurance Investment Management Ltd. The new hire will be responsible for capital raising efforts and investor relations as the firm looks to build out its reinsurance capital management and underwriting platforms.

Bermuda based hedge fund backed reinsurer Third Point Re, has hit the news in recent days as speculation mounts about a forthcoming initial public offering (IPO). The reinsurer, backed by Dan Loeb’s Third Point LLC hedge fund, institutional investors and contributions from partners such as insurer Hiscox, intends to IPO to raise additional funds according […]

Bermuda headquartered Hiscox, an international specialist insurance and reinsurance group, has published its results for 2012 today and in the published regulatory announcement Hiscox discusses the benefits that an investment made last year in a catastrophe fund operated by hedge fund backed reinsurer Third Point Re brings to it. Hiscox says that by engaging with […]

Bermuda based reinsurer Third Point Re, backed by a hedge fund and institutional investors, are partnering with Hiscox Insurance Company (Bermuda) Limited in the development of their first catastrophe reinsurance fund efforts. A few weeks ago we wrote that Third Point Re were raising capital for a new property catastrophe reinsurance fund and now it […]

Bermuda based reinsurer Third Point Re, backed by a hedge fund and institutional investors, is actively raising capital for a new fund to support underwriting additional property catastrophe business. Third Point Re is backed by Daniel Loeb’s Third Point LLC hedge fund, who manage and invest the reinsurers assets in the typical hedge fund reinsurer […]

Bermuda headquartered, hedge fund backed, reinsurer Third Point Reinsurance Company is planning to expand its footprint in the reinsurance marketing with the opening of an office in London’s financial district. Pending regulatory approval, Third Point Re are launching a subsidiary called Third Point Re Marketing (UK) Limited, which they incorporated as a company at the […]

Bermuda based, hedge fund backed, reinsurer Third Point Reinsurance Company has made two new appointments of well-respected figures from the Bermuda reinsurance market, we can reveal. We heard rumours of these two hires last week and have had the appointments confirmed by Third Point Re.

Hedge fund backed Bermuda reinsurer Third Point Reinsurance Company have published a press release announcing further operational milestones as the start-up company gets down to business. Third Point Re was launched with the backing of New York based hedge fund Third Point LLC and raised over $750m of capital ($785m apparently) which they’re now putting […]