THIRD POINT REINSURANCE LTD. (NYSE:TPRE) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition.
THIRD POINT REINSURANCE LTD. (NYSE:TPRE) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition.
On October4, 2017, Third Point Reinsurance Ltd. ("Third Point Re") issued a press release reporting its initial loss estimates of third quarter catastrophe activity and year to date investment returns. A copy of the press release is furnished herewith as Exhibit 99.1.
The information hereunder is not deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, is not otherwise subject to the liabilities of that section and is not incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02 |
Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Description |
99.1 |
Press Release Third Point Re Announces Initial Loss Estimates of Third Quarter Catastrophe Activity and Year to Date Investment Returns dated October 4, 2017. |
Third Point Reinsurance Ltd. ExhibitEX-99.1 2 exhibit991pressreleasetpre.htm EXHIBIT 99.1 PRESS RELEASE Exhibit Third Point Re Announces Initial Loss Estimates of Third Quarter Catastrophe Activity and Year to Date Investment ReturnsNet losses from recent catastrophe events are expected to be less than $10 millionNet return on investments managed by Third Point LLC was 14.4% for the year to date through September 30,…To view the full exhibit click here
About THIRD POINT REINSURANCE LTD. (NYSE:TPRE)
Third Point Reinsurance Ltd. is a holding company. Through the Company’s reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. The Company operates through two segments: Property and Casualty Reinsurance, and Catastrophe Risk Management. The Property and Casualty Reinsurance segment provides reinsurance products to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Catastrophe Risk Management segment is engaged in the underwriting of property catastrophe exposures. The Company’s investable assets are managed by its investment manager, Third Point LLC. The Company writes reinsurance contracts that provide protection against adverse development on loss reserves. Through Third Point LLC, the Company makes investments globally in all sectors, and in equity, credit, commodity, currency, options and other instruments. The Company’s business is sourced through reinsurance brokers.