Third Point Re swings to net loss as investment portfolio hit

11-05-2020

Third Point Re swings to net loss as investment portfolio hit

Dan Malloy, chief executive of Third Point Re

Bermuda-based Third Point Re swung to a first-quarter net loss as economic fallout from the COVID-19 pandemic negatively impacted its investment portfolio. However, chief executive Dan Malloy highlighted its "improved underwriting result" and overall "strong capital position".


Third Point Re, Q1, GWP, Coronavirus, Insurance, Reinsurance, Dan Malloy, Bermuda

Intelligent Insurer