NYSE: TPRE

14.30 +0.00 +0% Volume: 1,836,601 June 23, 2017

Through our reinsurance subsidiaries, we provide property and casualty reinsurance coverage to insurance and reinsurance companies on a worldwide basis.

Our goal is to deliver attractive equity returns to shareholders by combining profitable reinsurance underwriting with superior investment management provided by Third Point LLC, our investment manager. We believe that our “total return” business model differentiates us from our competitors.

Our reinsurance strategy is to be highly opportunistic and disciplined. During periods of extremely competitive or soft reinsurance market conditions, we intend to be selective with regard to the amount and type of reinsurance we write and conserve our risk-taking capital for periods when market conditions are more favorable to us from a pricing and terms and conditions perspective.

Substantially all of our investable assets are managed by our investment manager, Third Point LLC, which is wholly owned by Daniel S. Loeb. Third Point LLC is an SEC-registered investment adviser headquartered in New York, managing $14.8 billion in assets as of June 30, 2016. We directly own our investments, which are held in separate accounts and are managed by Third Point LLC on substantially the same basis as its main hedge funds, including Third Point Partners L.P., the original Third Point LLC hedge fund.

Total Return Business Model Designed to Deliver Superior Returns

  • Experienced
    Underwriting Team Extensive experience over a wide range of lines of business, combined with longstanding relationships with clients and brokers, allow us to source attractive deals and generate significant float.
  • Superior Investment
    Management Substantially all of our capital and float are managed by Third Point LLC. Our investment strategy seeks to achieve superior risk-adjusted returns by investing across a wide range of asset classes and geographies.
  • Stable Capital
    Base As an A.M. Best “A-“ (Excellent) rated reinsurer, we carry substantial excess capital to withstand potential underwriting and investment losses. We have limited exposure to legacy reserves and property catastrophe risk.
  • Underwriting
    Profit
  • Investment Return
    on Float
  • Investment Return
    on Capital
  • Opportunity for
    Attractive Equity Returns
    to Shareholders Over Time