Compass Point Remains Bullish Folloing Third Point Reinsurance's (TPRE) 4Q - PT to $15

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Go back to Compass Point Remains Bullish Folloing Third Point Reinsurance's (TPRE) 4Q - PT to $15

Third Point Re Reports Fourth Quarter 2015 Earnings Results

February 25, 2016 4:08 PM EST

HAMILTON, Bermuda, Feb. 25, 2016 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its fourth quarter ended December 31, 2015.

Third Point Re reported net income of $42.2 million, or $0.39 per diluted common share, for the fourth quarter of 2015, compared to a net loss of $14.7 million, or $(0.14) per diluted common share, for the fourth quarter of 2014. For the year ended December 31, 2015, Third Point Re reported a net loss of $87.4 million, or $(0.84) per diluted common share, compared with net income of $50.4 million, or $0.47 per diluted common... More