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Hedge fund reinsurers post negative investment returns in February

Third Point Reinsurance Ltd. and Greenlight Capital Re Ltd. both reported negative returns on their investment portfolios in February.

Third Point Re was down 3.0% in February after posting a 4.0% growth in its portfolio returns in January, according to the company's website.

Greenlight Capital Re booked a loss of 4.8% on its portfolio in February, according to the company's website. It reported a 5.5% loss in January.

Third Point Re's investment accounts are managed by Third Point LLC. Greenlight Capital Re's investment account is managed by DME Advisors LP.