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Third Point Re targets Florida homeowners QS

4 April 2012

John Berger-led reinsurance start-up Third Point Re is looking to write quota shares (QS) for Florida homeowners' insurance companies, The Insurance Insider can reveal.

The Bermudian officially began underwriting at the start of the year after receiving an A- rating from AM Best and backing from private equity firms Kelso & Co and Pine Brook Road Partners, along with Third Point LLC hedge fund founder Dan Loeb and other investors.

According to Berger, a "pleasing flow of business" has already...


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This article was published as part of issue April 2012/1

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