Third Point Reinsurance Ltd. Appoints David Govrin Executive Vice President, Underwriting for Third Point Reinsurance (USA) Ltd.

HAMILTON, Bermuda, April 10, 2017 /PRNewswire/ -- Third Point Reinsurance Ltd. (NYSE: TPRE) ("Third Point Re" or the "Company") announced today that David Govrin has been appointed to the position of Executive Vice President, Underwriting for Third Point Reinsurance (USA) Ltd., effective April 10, 2017.

Robert Bredahl, President and Chief Executive Officer of Third Point Re, commented, "I am extremely pleased to have David joining the Company.  His extensive experience and relationships across the insurance and reinsurance industries will be a tremendous asset as we continue to execute our strategy of scaling our U.S. underwriting platform."

David Govrin added, "This is an exciting time to be joining the Company given the opportunity that lies ahead.  I have great respect for the Third Point Re team and look forward to helping them continue to build their presence in the United States."

Mr. Govrin brings more than 25 years of experience in the insurance industry to his new role.  Prior to joining Third Point Re (USA) Ltd., Mr. Govrin served for the past seven years as Vice President for Berkshire Hathaway's Reinsurance Group, where he was a key member of the underwriting team.  Immediately prior to joining Berkshire Hathaway, Mr. Govrin founded an insurance private equity fund focused on specialty insurance underwriting and distribution as well as a convergence focused reinsurance intermediary.  Prior to that, he spent the majority of his career as a senior executive at Goldman Sachs and Guy Carpenter.

About the Company

The Company is a public company listed on the New York Stock Exchange which, through its wholly-owned subsidiaries Third Point Reinsurance Company Ltd. and Third Point Reinsurance (USA) Ltd., writes property and casualty reinsurance business. Third Point Reinsurance Company Ltd. and Third Point Reinsurance (USA) Ltd. each have an "A-" (Excellent) financial strength rating from A.M. Best Company, Inc.

Contact:

Third Point Reinsurance Ltd.

Manoj Gupta – Head of Investor Relations and Business Development

investorrelations@thirdpointre.bm

+1 441-542-3333

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SOURCE Third Point Reinsurance Ltd.