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Third Point Reinsurance board member steps down

Third Point Reinsurance Ltd. director Christopher Collins is stepping down from the board, effective Dec. 12.

Collins is a managing director at Kelso & Co. LP, a founding private equity investor of Third Point Re.

The board has appointed Neil McConachie, co-founder and former CFO of Fidelis Insurance Bermuda Ltd., to replace Collins, also effective Dec. 12. McConachie previously served on the board from November 2013 to June 2015.