Alterra Filing Suggests Third Point Reinsurer

Summary


NEW YORK/BOSTON (Reuters) - $7.9 billion hedge fundmay be looking to start a reinsurance company, according to a regulatory filing.

The potential move by Mr. Loeb, one of the $2 trillion hedge fund industry's better-known managers, into the reinsurance business could signal a new group of entrants into the industry after one of the worst disaster years ever.

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Alterra Filing Suggests Third Point Reinsurer

New York-based Third Point LLC declined to comment on its plans. But a regulatory filing by insurer Alterra Capital Holdings Ltd. this week may have given a sneak peak into Mr. Loeb's intentions.

Word of his next moves comes...

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