Third Point Reinsurance Ltd. (TPRE) Misses Q1 EPS by 4c
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Third Point Re Reports First Quarter 2017 Earnings Results
May 4, 2017 4:17 PM EDTHAMILTON, Bermuda, May 4, 2017 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE: TPRE) today announced results for its first quarter ended March 31, 2017.
Third Point Re reported net income of $104.2 million, or $0.98 per diluted common share, for the first quarter of 2017, compared to a net loss of $51.1 million, or $(0.49) per diluted common share, for the first quarter of 2016.
For the three months ended March 31, 2017, diluted book value per share increased by $0.88 per share, or 6.7%, to $14.04 per share as of March 31, 2017, from $13.16 per share as of December 31, 2016.... More
