Third Point Re Announces Fourth Quarter 2020 Earnings Results

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Third Point Reinsurance Ltd. (TPRE) Misses Q4 EPS by 57c

February 23, 2021 4:15 PM EST

Third Point Reinsurance Ltd. (NYSE: TPRE) reported Q4 EPS of $1.43, $0.57 worse than the analyst estimate of $2.00.

"For the fourth quarter, we produced a return on equity of 9.4% driven by strong investment performance. Our diluted book value per share at the end of the quarter was $16.42. The combined ratio for the fourth quarter was 123.0%, which included $37.2... More