Third Point Reinsurance Ltd. continued to report positive returns on its investment account, while Greenlight Capital Re Ltd. logged negative returns for the third straight month in May.
Third Point Re was up 2.2% in May and climbed 10.0% on a year-to-date basis, according to the company's website. Third Point Re's investment accounts are managed by Third Point LLC.
Greenlight Capital Re reported a loss of 2.9% both for the month of May and the year-to-date period, according to its website. Greenlight Capital Re's investment account is managed by DME Advisors LP.