Zacks Investment Research downgraded shares of THIRD PT REINSR (TPRE) from NEUTRAL to UNDERPERFORM on July 10, 2014, with a target price of $15.10.
Third Point Reinsurance Ltd. is a property and casualty reinsurance company. The Company operates in two segments: Property and Casualty Reinsurance and Catastrophe Risk Management. Third Point engages in underwriting property, auto, workers compensation, and crop quota share contracts for insurance and reinsurance companies. It also underwrites property catastrophe exposures and writes excess of loss catastrophe reinsurance. Third Point Reinsurance Ltd. is based in Bermuda.
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