Third Point Reinsurance

Third Point 2015 Investor Presentation

Dan Loeb’s Third Point Reinsurance investor presentation for March, 2015.

Third Point Reinsurance: Reinsurance Risk Management

Risk Management Culture:

  • Reinsurance business plan complements our investment management strategy: no property catastrophe excess treaties on rated balance sheet and premium and reserve leverage lower than peer group
  • Company-wide focus on risk management
  • Robust underwriting and operational controls

Holistic Risk Control Framework:

  • Measure use of risk capital using internally-developed capital model, AM Best BCAR model and Bermuda Monetary Authority BSCR model
  • Developed a comprehensive Risk Register that is appropriate for our business model
  • Instituted a Risk Appetite Statement that governs overall sensitivities in underwriting, investment, and enterprise portfolio

Ongoing Risk Oversight:

  • Own Risk Self Assessment (ORSA) report produced quarterly and provided to management / Board of Directors
  • Provides management with meaningful statistics on our current capital requirement and comparisons to our risk appetite statement
  • Growing in scope

Third Point Reinsurance

See full PDF below.

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Are you an intelligent investor?

ValueWalkPremium is a website and newsletter for smart investors like yourself. We focus on the latest hedge fund industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0