daniel loeb
Two Reasons Why Daniel Loeb Dropped Out of the Catastrophe Bond Business Paid Members Public
Third Point Reinsurance Ltd. — the Bermuda-based insurance play of hedge fund manager Daniel Loeb — announced Thursday that his firm is dropping its catastrophe fund platform called Third Point Reinsurance Opportunities Fund Ltd and transferring the remaining business to Hiscox Insurance Company. According to the press release, despite “very attractive returns”