Third Point Reinsurance Ltd. (TPRE) Misses Q4 EPS by 17c

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Third Point Re Reports Fourth Quarter 2018 Earnings Results

February 27, 2019 5:07 PM EST

HAMILTON, Bermuda, Feb. 27, 2019 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its fourth quarter ended December 31, 2018.

Third Point Re reported a net loss available to common shareholders of $298.0 million, or $3.24 per diluted common share, for the three months ended December 31, 2018, compared to 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. For the year ended December 31, 2018, Third Point Re reported a net loss available to common shareholders of $317.7 million, or... More