Reinsurance News
Third Point
Third Point completes acquisition of Malibu Life Re
12th September 2025
Third Point Investors Limited (TPIL) has completed the previously announced acquisition of 100% of the equity interests in Malibu Life Reinsurance SPC, a Cayman Islands-based life and annuity reinsurance platform, from Malibu Life Holdings LLC. Malibu Life Reinsurance SPC (Malibu Life Re) was launched by Third Point in May 2024. ... Read the full article
Third Point secures 67% shareholder support for Malibu Life Re acquisition
14th August 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform. The vote, which took place at the firm’s extraordinary general meeting (EGM), resulted in 67% of shareholders voting in favour of the ... Read the full article
Third Point secures $400m of investible capital for Insurance Solutions Fund
25th July 2025
Third Point LLC has secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, its first dedicated and rated structured private credit fund for insurance companies. According to Third Point, the Fund adds to its growing private credit platform, which expects to launch ... Read the full article
Third Point increases Redemption Offer for Malibu Life Re acquisition
24th July 2025
Third Point LLC (TPIL ), the New York based alternative asset manager, is moving forward with its proposed acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform, and has announced an update regarding the improved terms for a Redemption Offer for shareholders who wish to exit their ... Read the full article
Third Point aims to transition Malibu Life Re into London-listed reinsurance platform
21st May 2025
Third Point LLC, the New York based alternative asset manager, has proposed an all-share combination with Malibu Life Reinsurance SPC, a Cayman Islands-based life and annuity reinsurance platform launched by Third Point in May 2024. The proposed transaction has been unanimously recommended by the firm's Strategy Committee following the conclusion ... Read the full article
Third Point launches life & annuity reinsurer Malibu Life Re
2nd May 2024
New York based alternative asset manager Third Point LLC has announced the launch of Malibu Life Reinsurance SPC (Malibu Life Re), a newly licensed life and annuity reinsurer based in the Cayman Islands. Malibu Life Re is an independent, Class B(iii) Cayman Islands-based reinsurer wholly owned by Third Point LLC and ... Read the full article
Third Point’s Loeb drops go-private plans for SiriusPoint
12th May 2023
Third Point CEO Daniel Loeb has confirmed in a regulatory filing that he is no longer considering a potential acquisition to take specialty re/insurer SiriusPoint private, just weeks on from saying it would help improve the company’s financial position and enable it to better execute on its turnaround strategy. In a ... Read the full article
Third Point’s Loeb angles to take SiriusPoint private
13th April 2023
Third Point CEO Daniel Loeb has said he will explore options to take specialty re/insurer SiriusPoint private, in an effort to improve the company's financial position and better execute on its turnaround strategy. Loeb outlined his plans in a regulatory filing this week, explaining that Third Point will look at “a ... Read the full article
SiriusPoint adds Daniel S. Loeb to board of directors
18th May 2022
Bermuda-based reinsurer SiriusPoint has said that Daniel S. Loeb will join its board of directors. Loeb, the founder and CEO of Third Point, will be joining the board as Joshua L. Targoff steps down. Targoff, a partner at Third Point, will be take on the board observer rights of Loeb. Sharon Ludlow, ... Read the full article
For SiriusPoint, underwriting is paramount: Sankaran & Malloy
14th August 2020
SiriusPoint, the new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, is determined to focus on the bottom line to ensure underwriting excellence. This is according to incoming Chief Executive Officer (CEO) of SiriusPoint, Sid Sankaran and Dan Malloy, current Third Point Re CEO who ... Read the full article
Prudential is planning for a minority IPO of its US arm, Jackson
11th March 2020
UK insurer Prudential has announced that it is preparing for a minority Initial Public Offering (IPO) of its U.S. business, Jackson National Life (Jackson), following recent proposals from the company's second largest shareholder, Third Point. Towards the end of February, founder of U.S. hedge fund Third Point and activist investor, Daniel ... Read the full article
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