11 April 2017News

Third Point Re poaches Berkshire Hathaway VP for US underwriting

Bermuda-based Third Point Reinsurance has appointed David Govrin to the position of executive vice president, underwriting for its US subsidiary.

Govrin joins Third Point Re USA after serving for the past seven years as vice president for Berkshire Hathaway's reinsurance group, where he was a key member of the underwriting team.

Prior to Berkshire Hathaway, he founded an insurance private equity fund focused on specialty insurance underwriting and distribution as well as a convergence focused reinsurance intermediary. Govrin spent the majority of his career as a senior executive at Goldman Sachs and Guy Carpenter.

"I am extremely pleased to have David joining the Company," said Robert Bredahl, president and chief executive officer of Third Point Re. "His extensive experience and relationships across the insurance and reinsurance industries will be a tremendous asset as we continue to execute our strategy of scaling our US underwriting platform."

Govrin added: "This is an exciting time to be joining the Company given the opportunity that lies ahead. I have great respect for the Third Point Re team and look forward to helping them continue to build their presence in the US."

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More on this story

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24 February 2017   John Berger, the chairman and chief executive officer of Third Point Reinsurance, has stepped down from the position of CEO.
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5 May 2017   Bermuda-based property/casualty reinsurer Third Point Re has reported a profit in the first quarter of 2017 after a loss in the same period a year ago due to significant improvements in investment returns.