Still turning heads: Third Point Insurance

As the first initial public offering (IPO) by a reinsurance company in quite a while, Third Point Reinsurance, the reinsurance company started by hedge-fund specialist Dan Loeb, was always going to closely watched by the investment community as a kind of litmus test of the sentiment of equity investors towards reinsurance stocks at the moment, especially in the context of so much alternative capacity pouring into the industry.