Third Point Reinsurance Ltd. Announces New Senior Underwriting Appointments

HAMILTON, Bermuda, July 16, 2018 /PRNewswire/ -- Third Point Reinsurance Ltd. (NYSE: TPRE) ("Third Point Re" or the "Company") announced today that David Drury and Steven Wilson have each been appointed to the position of Senior Vice President, Underwriting.

Robert Bredahl, President and Chief Executive Officer of Third Point Re, commented, "We are very excited to have David and Steven join the Company as they bring proven track records and significant underwriting experience to the team. Their expertise, analytical skill and commercial approach will be valuable, particularly as we continue to focus on the contribution made to our profitability through our underwriting by broadening our risk portfolio."

Prior to joining Third Point Re, Mr. Drury spent over fifteen years at Chubb Ltd. (formerly ACE Ltd.) in various senior roles, most recently as Chief Underwriting Officer of Chubb Tempest Re Group, Chubb's worldwide reinsurance operations. His prior roles at Chubb included Division President, Chubb Tempest Re Bermuda; Chief Risk Officer, Chubb Tempest Re Group; and Chief Underwriting Officer, ACE Financial Solutions. Prior to joining Chubb, Mr. Drury served in various underwriting and actuarial roles for Western Atlantic Re, Zurich Re, and Stockton Re.

Prior to joining Third Point Re, Mr. Wilson most recently served as a Head of Financial and Professional Lines at Munich Re America, where he managed the Professional Liability and Credit/Surety/Political Risk underwriting departments. Prior to that, Mr. Wilson served in a variety of senior underwriting and actuarial roles at Munich Re America, covering a wide range of casualty business including Medical Malpractice, Umbrella and Workers' Compensation.  Prior to joining Munich Re America, Mr. Wilson worked at KPMG with a focus on reinsurance.

About Third Point ReThe Company is a public company listed on the New York Stock Exchange which, through its wholly-owned subsidiaries Third Point Reinsurance Company Ltd. and Third Point Reinsurance (USA) Ltd., writes property and casualty reinsurance business. Third Point Reinsurance Company Ltd. and Third Point Reinsurance (USA) Ltd. each have an "A-" (Excellent) financial strength rating from A.M. Best Company, Inc.

ContactThird Point Reinsurance Ltd. Manoj Gupta – Head of Investor Relations and President, Third Point Reinsurance (USA) Ltd. +1 441-542-3333 [email protected]

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SOURCE Third Point Reinsurance Ltd.