{"id":53780,"date":"2016-08-05T08:11:40","date_gmt":"2016-08-05T12:11:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53780"},"modified":"2016-08-05T08:11:40","modified_gmt":"2016-08-05T12:11:40","slug":"loeb-insurer-posts-biggest-profit-since-2013-on-investments","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/loeb-insurer-posts-biggest-profit-since-2013-on-investments.html","title":{"rendered":"Loeb Insurer Posts Biggest Profit Since 2013 on Investments"},"content":{"rendered":"<p>(Bloomberg) Third Point Reinsurance Ltd., the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its biggest profit since 2013 as his portfolio rebounded.<\/p>\n<p>Second-quarter net income more than tripled to $53.4 million, or 51 cents a share, from $15.7 million, or 15 cents, a year earlier, the Bermuda-based company said Thursday in a statement. The average estimate of five analysts surveyed by Bloomberg was for a profit of 59 cents a share, adjusted for one-time items.<\/p>\n<p><a href=\"https:\/\/www.hvst.com\/public-pages\/franklin-templeton-investments\/posts\/67513-meet-the-manager-dina-ting\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Third Point Reinsurance Ltd., the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its biggest profit since 2013 as his portfolio rebounded. Second-quarter net income more than tripled to $53.4 million, or 51 cents [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53780","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53780"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53780\/revisions"}],"predecessor-version":[{"id":53782,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53780\/revisions\/53782"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}