Third Point Reinsurance News

Deere Mulls Sale of Crop Insurance Business

Deere & Co., the world’s largest maker of agricultural equipment, hired Citigroup Inc. to look at strategic options for its crop insurance unit as it sells assets to focus on core businesses such as manufacturing. No formal decision has been …

Loeb’s Third Point Re Set for IPO as Einhorn’s Truck Bet Shows Insurers’ Risk

Investors in Third Point Reinsurance Ltd.’s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They’re also taking on risk from an unprofitable underwriting operation. The sale could raise as much as $322.2 million and price today, …