Third Point Re Hires Two

Aug 14 2012 | 12:21pm ET

Third Point's reinsurance business has hired a pair of industry veterans.

Bermuda-based Third Point Re, which the hedge fund launched last year, has added Bryan Bumsted and Chris Conway. Bumsted is a retrocession underwriter at Q Re, and Conway was assistant vice president of reinsurance underwriting at Axis Re Bermuda, Artemis reports.

Third Point raised about $500 million for the new business, which is led by John Berger as chief investment officer. The company went into the property catastrophe business in April, setting up a $50 million side-pocket that is headed by former Goldman Sachs executive Manoj Gupta.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of