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.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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