Third Point Reinsurance Ltd. (TPRE) Tops Q3 EPS by 10c

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Go back to Third Point Reinsurance Ltd. (TPRE) Tops Q3 EPS by 10c

Third Point Re Reports Third Quarter 2016 Earnings Results

November 3, 2016 4:14 PM EDT

HAMILTON, Bermuda, Nov. 3, 2016 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its third quarter ended September 30, 2016.

Third Point Re reported net income of $72.1 million, or $0.68 per diluted common share, for the third quarter of 2016, compared to a net loss of $195.7 million, or $(1.88) per diluted common share, for the third quarter of 2015. For the nine months ended September 30, 2016, Third Point Re reported net income of $74.3 million, or $0.70 per diluted common share, compared with a net loss of $129.6 million, or $(1.25) per... More