Third Point Reinsurance Ltd. (TPRE) Misses Q4 EPS by 2c

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Third Point Re Reports Fourth Quarter 2017 Earnings Results

February 28, 2018 4:16 PM EST

HAMILTON, Bermuda, Feb. 28, 2018 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its fourth quarter ended December 31, 2017.

Third Point Re reported net income available to common shareholders of $44.3 million, or $0.42 per diluted common share, for the three months ended December 31, 2017, compared to a net loss of $46.7 million, or $(0.45) per diluted common share, for the three months ended December 31, 2016. For the year ended December 31, 2017, Third Point Re reported net income available to common shareholders of $277.8 million, or $2.64 per diluted common share,... More