Hashtag: #ThirdPointReinsurance

Third Point Re Prices Initial Public Offering

Bermuda-based Third Point Reinsurance Ltd. has priced its initial public offering of 22,053,286 common shares at $12.50 per share. The shares are expected to begin trading today [Aug 15] on the New York Stock Exchange under the ticker symbol “TPRE.” Of the 22,053,286 common shares being offered, 21,524,492 common shares are being offered by Third... Read more of this article

Third Point Re To Launch London Platform

Bermuda-based Third Point Reinsurance Limited is continuing to build its platform with a London office led by former Allied World executive Clare Himmer, Insurance Insider reports. The subsidiary will target UK and Continental European business, writing on behalf of the firm’s Bermudian reinsurer. Ms Himmer was most recently head of international... Read more of this article

Third Point Reinsurance Launch Update

Third Point Reinsurance Limited and its wholly owned subsidiary Third Point Reinsurance Company Limited announced that they have commenced operations and underwritten multiple new reinsurance treaties since the Company’s launch this month. TP Re was created to generate growth by managing overall risk through treating the liability/underwriting side... Read more of this article

Third Point Re Hires Bredahl & Malloy

Third Point Re has hired Rob Bredahl as Chief Financial Officer and Chief Operating Officer, and Dan Malloy as Executive Vice-President, Underwriting. Mr. Bredahl joins Third Point Re from Aon Benfield, where he was CEO of Aon Benfield Securities and President of Aon Benfield Americas. Aon Benfield is a leading reinsurance broker and a division of... Read more of this article

Tonya Marshall Joins Third Point Re

Newly-incorporated Bermuda reinsurer Third Point Re announced that Bank of Butterfield executive Tonya Marshall will join the company as executive vice president, general counsel, and secretary. Prior to joining Third Point Re, Marshall was the general counsel and board secretary for The Bank of N.T. Butterfield & Son Limited, an international... Read more of this article

Positive Outlook For Third Point Re

A.M. Best Co. today [Jan. 9] assigned a financial strength rating of A- [Excellent] and issuer credit rating of “a-” to Bermuda’s Third Point Reinsurance Ltd. [TP Re]. The outlook assigned to both ratings is stable. The ratings of TP Re are based on its excellent risk-adjusted capitalisation, experienced management team and prudent... Read more of this article