Third Point Reinsurance Ltd. (TPRE) Tops Q1 EPS by 11c

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Third Point Re Announces First Quarter 2020 Earnings Results

May 7, 2020 4:17 PM EDT

HAMILTON, Bermuda, May 7, 2020 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its first quarter ended March 31, 2020.

Earnings Summary

Third Point Re reported a net loss attributable to common shareholders of $183.6 million, or $1.99 per diluted common share, for the three months ended March 31, 2020, compared to net income available to common shareholders of $132.9 million, or $1.43 per diluted common share, for the three months ended March 31, 2019.

"Our thoughts and sympathies are with those affected by the health, social, and... More