THIRD POINT REINSURANCE LTD. (NYSE:TPRE) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
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Submissions of Matters to a Vote of Security Holders
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General Meeting of Shareholders on May 3, 2017 (the “Annual
Meeting”).
were solicited under Regulation 14A of the Securities Exchange Act
of 1934, as amended. Set forth below is a brief description of each
matter voted upon at the Annual Meeting and the results of voting
on each such matter.
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(i)
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The election of two Class I directors to the Company’s Board
of Directors to hold office until the Annual General Meeting of Shareholders to be held in 2020, or until their respective office shall otherwise be vacated to the Company’s Bye-laws. There was no solicitation in opposition of the nominees listed in the proxy statement and the nominees were elected. |
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Director Name
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For
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Withheld
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Broker Non-Votes
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Steven E. Fass (Class I)
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81,235,745
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549,435
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7,439,652
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Mary R. Hennessy (Class I)
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78,899,357
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2,885,823
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7,439,652
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(ii)
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The election of certain individuals as Designated Company
Directors (as defined in the proxy statement) of certain of the Company’s non-U.S. subsidiaries, as required by the Company’s Bye-Laws. There was no solicitation in opposition to any of the nominees listed in the proxy statement and all of the nominees were elected. |
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For
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Against
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Abstain
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Broker Non-Votes
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81,568,248
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156,180
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60,752
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7,439,652
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(iii)
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The approval of the material terms of the Third Point
Reinsurance Ltd. Annual Incentive Plan for purposes of Section 162(m) of the U.S. Internal Revenue Code of 1986, as amended. |
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For
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Against
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Abstain
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Broker Non-Votes
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81,465,123
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292,436
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27,621
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7,439,652
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(iv)
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The approval of the material terms of the Third Point
Reinsurance Ltd. 2013 Omnibus Incentive Plan for purposes of Section 162(m) of the U.S. Internal Revenue Code of 1986, as amended. |
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For
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Against
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Abstain
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Broker Non-Votes
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72,994,552
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8,763,664
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26,964
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7,439,652
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(v)
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The approval of the appointment of Ernst Young Ltd., an
independent registered public accounting firm, as the Company’s independent auditor to serve until the annual general meeting to be held in 2018, and the authorization of the Company’s Board of Directors, acting by the Audit Committee, to determine the independent auditors remuneration. |
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For
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Against
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Abstain
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Broker Non-Votes
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88,793,623
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109,512
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321,697
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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. THIRD POINT REINSURANCE LTD. (NYSE:TPRE) Recent Trading Information
THIRD POINT REINSURANCE LTD. (NYSE:TPRE) closed its last trading session down -0.20 at 12.00 with 466,478 shares trading hands.
