Today, the CEO of Third Point (TPRE), Daniel Malloy, bought shares of TPRE for $48.3K.
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Based on Third Point’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $215 million and quarterly net profit of $52.98 million. In comparison, last year the company earned revenue of $205 million and had a net profit of $19.6 million. Currently, Third Point has an average volume of 624.04K. The company has a one-year high of $13.70 and a one-year low of $8.85.
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Third Point Reinsurance Ltd. is a holding company, which engages in the provision of insurance services. It offers underwriting solutions, investment management, and property and casualty reinsurance products. The company was founded by Daniel Seth Loeb and John R. Berger on October 6, 2011 and is headquartered in Pembroke, Bermuda.
