hedge fund
Beyond Bermuda, Loeb Stands Ground on US Reinsurance Push Despite Defections Paid Members Public
Hedge fund leader Dan Loeb is sticking by his firm’s plans to expand its U.S. book of the reinsurance business with a domestic operation despite two recent underwriting defections and a relatively slow start. Loeb argued that Third Point Re’s deep bench of marketing and underwriting talent
Paulson’s PacRe Posts $45M Annual Investment Loss, Biggest Since Launch Paid Members Public
Playing in the reinsurance game is proving a harder slog for hedge fund manager John Paulson with his joint reinsurance venture posting an investment loss of nearly 10 percent of capital. PacRe Ltd., the $500 million Bermuda-based class 4 reinsurer launched three years ago with Validus Holdings, reported net unrealized
Greenlight Repositions Catastrophe Reinsurance, Waiting Out M&A Paid Members Public
Hedge-fund backed Greenlight Capital Re has pivoted its catastrophe reinsurance business during the January renewals as new alternative capital players entered the market and continued to put pressure on pricing catastrophe risk. Separately, David Einhorn‘s firm says that while the current reinsurance merger boom will restrict business to “only
