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Filing Details

Accession Number:: 0001567619-18-002968
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-09-20 17:15:36
Reporting Period:: 2018-09-18

Accepted Time:: 2018-09-20 17:15:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1576018	Third Point Reinsurance Ltd.	TPRE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1300345	S Daniel Loeb	C/O Third Point Llc 390 Park Avenue New York NY 10022		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares, Par Value $0.10 Per Share ("Common Shares")	Disposition	2018-09-18	800,000	$13.15	5,086,138	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares	1,293,591	Direct
Common Shares	1,000,000	Indirect	See footnote
Common Shares	300,000	Indirect	See footnote
Common Shares	1,200,000	Indirect	See footnote
Common Shares	1,722	Indirect	See footnote

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.15 to approximately $13.28, inclusive. Mr. Loeb undertakes to provide to Third Point Reinsurance Ltd. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 1 to this Form 4.
Pursuant to Rules 13d-3 and 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Loeb may be deemed to be the beneficial owner of the securities of the Issuer reported herein as indirectly beneficially owned thereby. Mr. Loeb disclaims beneficial ownership of these securities except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Loeb is the beneficial owner of these securities or has any pecuniary interest therein for purposes of Section 16 of the Exchange Act and the rules promulgated thereunder or for any other purpose.
Due to certain stock purchases effected by the Issuer, the beneficial ownership of Mr. Loeb under Rule 13d-3 of the Exchange Act may have been deemed to recently exceed 10%. Accordingly, Mr. Loeb filed a Form 3 on September 10, 2018 to report such beneficial ownership. The sale transaction reported on this Form 4 was effected to reduce Mr. Loeb's beneficial ownership for purposes of Rule 13d-3 of the Exchange Act below 10%.