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Third Point Re Announces Q3 Earnings Results

Third Point Re Announces Q3 Earnings Results

Third Point Reinsurance Ltd. announced results for its third quarter ended September 30, 2020. “Third Point Re reported net income available to common shareholders of $68.7 million, or $0.73 per diluted common share, for the three months ended September 30, 2020, compared to a net loss attributable to common shareholders of $15.1 million, or... Read more of this article

Third Point Re To Hold Special General Meeting

Third Point Re To Hold Special General Meeting

Third Point Reinsurance will hold a special general meeting on November 23 where shareholders will vote on matters in connection with the previously announced merger transaction with Sirius International Insurance Group. A spokesperson said, “Third Point Reinsurance Ltd. announced today that it will hold a special general meeting of shareholders... Read more of this article

Third Point Re Donates $20,000 To WindReach

Third Point Re Donates $20,000 To WindReach

WindReach — the non-profit that provides therapeutic and educational programmes to help enrich the quality of life of individuals living with special needs — has received a $20,000 donation from Third Point Reinsurance Ltd. The organization explained that the financial contribution will directly support the operations of WindReach’s Life... Read more of this article

TPRE Announces Partnership With Arcadian Risk

TPRE Announces Partnership With Arcadian Risk

Third Point Reinsurance Ltd. [TPRE] today [Sept 17] announced an investment in Arcadian Risk Capital Ltd.. A spokesperson said, “Third Point Reinsurance Ltd. [TPRE] today announced an investment in Arcadian Risk Capital Ltd. [“Arcadian” or “Arcadian Risk”], a start-up led by John Boylan, a well-known industry executive with a 30-year track... Read more of this article

Third Point Re Q2 Earnings, Board Updates

Third Point Re Q2 Earnings, Board Updates

Third Point Reinsurance Ltd. [Third Point Re] today announced results for its second quarter ended June 30, 2020. Earnings Summary Third Point Re reported net income available to common shareholders of $124.0 million, or $1.33 per diluted common share, for the three months ended June 30, 2020, compared to net income available to common shareholders... Read more of this article

Third Point Re & Sirius Group To Combine

Third Point Re & Sirius Group To Combine

Third Point Reinsurance Ltd. and Sirius International Insurance Group, Ltd. have “entered into a definitive agreement to combine in a cash and stock transaction.” A spokesperson said, “Third Point Reinsurance Ltd. [Third Point Re], a specialty reinsurer, and Sirius International Insurance Group, Ltd. [Sirius Group], a global multi-line... Read more of this article

AM Best Affirms Credit Ratings Of Third Point Re

AM Best Affirms Credit Ratings Of Third Point Re

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” of Third Point Reinsurance Company Ltd. AM Best also has affirmed the Long-Term ICRs of “bbb-” of Third Point Re [USA] Holdings, Inc. [TP USA] [Wilmington, DE] and its ultimate holding company, Third Point Reinsurance Ltd. [TPRE]... Read more of this article

Covid-19: Third Point Re Donates $65,000

Covid-19: Third Point Re Donates $65,000

Third Point Reinsurance is donating $55,000 to the Bermuda Covid-19 Emergency Fund and have also donated $10,000 to the Bermuda Hospitals Board. A spokesperson said, “Third Point Reinsurance Ltd, a Bermuda-based reinsurance company, has announced the donation of $55,000 to the Bermuda Covid-19 Emergency Fund. The fund was created by the Bermuda... Read more of this article

Third Point Re Announces Q4 Earnings Results

Third Point Re Announces Q4 Earnings Results

Third Point Reinsurance Ltd. [TPRE] announced results for its fourth quarter ended December 31, 2019. Third Point Re reported net income available to common shareholders of $29.7 million, or $0.32 per diluted common share, for the three months ended December 31, 2019, compared to a net loss attributable to common shareholders of $298.0 million, or... Read more of this article

SPCA Gets Christmas Gift From Third Point Re

SPCA Gets Christmas Gift From Third Point Re

Christmas came early for animal welfare charity SPCA [Society for the Prevention of Cruelty to Animals] following a recent ‘lunch and learn’ session at Third Point Reinsurance. Staff at the Hamilton-based specialty property and casualty reinsurer surprised SPCA Executive Director Kate Terceira and Board member Louisa Knight with a wheelbarrow full... Read more of this article

Third Point Re Volunteers Time & Donates $40K

Third Point Re Volunteers Time & Donates $40K

Staff of Third Point Reinsurance Ltd. swapped their desks and computers for cleaning and gardening tools last week as they helped clean up Trunk Island, the Bermuda Zoological Society’s [BZS] “living classroom” in Harrington Sound, with the company also announcing that it will make a $40,000 donation to the project. A total of 19 staff members... Read more of this article

Third Point To Sponsor St Johns At Pride Parade

Third Point To Sponsor St Johns At Pride Parade

Third Point Reinsurance today announced that it will “sponsor the St John Ambulance service at this year’s Bermuda Pride.” “The theme of the Bermuda Pride Parade is ‘We Belong,’ which echoes Third Point Re’s initiative to foster a progressive and inclusive working environment. We strive to ensure that our people feel valued... Read more of this article

Third Point Re Report Q2 Earnings Results

Third Point Re Report Q2 Earnings Results

Third Point Re, a specialty property and casualty reinsurer headquartered in Bermuda, reported net income available to common shareholders of $53.1 million, or $0.57 per diluted common share, for the three months ended June 30, 2019, compared to net income available to common shareholders of $19.6 million, or $0.19 per diluted common share, for the... Read more of this article