Third Point Reinsurance Ltd. (TPRE) Tops Q4 EPS by 7c

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Go back to Third Point Reinsurance Ltd. (TPRE) Tops Q4 EPS by 7c

Third Point Re Reports Fourth Quarter 2016 Earnings Results

February 23, 2017 4:24 PM EST

HAMILTON, Bermuda, Feb. 23, 2017 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its fourth quarter ended December 31, 2016.

Third Point Re reported a net loss of $46.7 million, or $(0.45) per diluted common share, for the fourth quarter of 2016, compared to net income of $42.2 million, or $0.39 per diluted common share, for the fourth quarter of 2015. For the year ended December 31, 2016, Third Point Re reported net income of $27.6 million, or $0.26 per diluted common share, compared with a net loss of $87.4 million, or $(0.84) per diluted common share, for... More