Third Point Reinsurance Ltd. (TPRE) Misses Q2 EPS by 29c

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Third Point Re Reports Second Quarter 2017 Earnings Results

August 2, 2017 4:18 PM EDT

HAMILTON, Bermuda, Aug. 2, 2017 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its second quarter ended June 30, 2017.

Third Point Re reported net income of $74.6 million, or $0.71 per diluted common share, for the second quarter of 2017, compared to net income of $53.4 million, or $0.51 per diluted common share, for the second quarter of 2016. For the six months ended June 30, 2017, Third Point Re reported net income of $178.8 million, or $1.70 per diluted common share, compared to net income of $2.2 million, or $0.02 per diluted common... More