Daniel Loeb‘s Third Point Reinsurance Ltd logoZacks lowered shares of Third Point Reinsurance (NASDAQ:TPRE) from a hold rating to a strong sell rating in a report released on Wednesday, MarketBeat Ratings reports.
According to Zacks, “Third Point Reinsurance Ltd. is a property and casualty reinsurance company. The Company operates in two segments: Property and Casualty Reinsurance and Catastrophe Risk Management. Third Point engages in underwriting property, auto, workers compensation, and crop quota share contracts for insurance and reinsurance companies. It also underwrites property catastrophe exposures and writes excess of loss catastrophe reinsurance. Third Point Reinsurance Ltd. is based in Bermuda. “… READ MORE
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Dakota Financial News By Faye Duncan
