Third Point LLC
Daniel S. Loeb runs $4.5 billion New York-based hedge fund Third Point LLC, which he founded in 1995. Loeb is known for his scathing letters to companies, in which he often criticizes management and pushes for changes. He has focused on investments in biotech and oil/gas, among other areas. Loeb is considered an activist investor, but also has many passive investments.
Third Point Reinsurance Limited Announces Significant Operational Milestones in First Month of Business Including Underwriting of Multiple Treaties
HAMILTON, Bermuda--(BUSINESS WIRE)-- Third Point Reinsurance Limited (“TP Re” or “The Company”) and its wholly owned subsidiary Third Point Reinsurance Company Limited are pleased to announce that they have commenced operations and underwritten multiple new reinsurance treaties since the Company’s January 2012 launch. TP Re was created to generate growth by managing overall risk through treating the liability/underwriting side of the balance sheet with conservative tolerance limits while using an event-driven, value oriented investment approach to asset management. TP Re Chief Executive Officer and Chairman John Berger is directly ...
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