(Bloomberg) Third Point Reinsurance Ltd., the reinsurer that counts on Dan Loeb to oversee investments, posted its worst loss as a publicly traded company on declines in the hedge-fund manager’s portfolio.The third-quarter net loss widened to $195.7 million, or $1.88 a share, from $6 million, or 6 cents, a year earlier, the Bermuda-based company said Tuesday in a regulatory filing. The loss per share matched the average estimate in a Bloomberg survey of six analysts was for a loss of $1.88 a share.
Third Point Re Posts Biggest Loss Since IPO on Investments Bloomberg posted on Wed 4 Nov 2015 Permalink
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