Third Point Reinsurance Ltd. (TPRE) Misses Q2 EPS by 11c

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Go back to Third Point Reinsurance Ltd. (TPRE) Misses Q2 EPS by 11c

Third Point Re Reports Second Quarter 2016 Earnings Results

August 4, 2016 4:22 PM EDT

HAMILTON, Bermuda, Aug. 4, 2016 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its second quarter ended June 30, 2016.

Third Point Re reported net income of $53.4 million, or $0.51 per diluted common share, for the second quarter of 2016, compared to net income of $15.7 million, or $0.15 per diluted common share, for the second quarter of 2015. For the six months ended June 30, 2016, Third Point Re reported net income of $2.2 million, or $0.02 per diluted common share, compared with net income of $66.1 million, or $0.62 per diluted common... More