THIRD POINT REINSURANCE

Third Point Reinsurance Ltd., through its class 4 reinsurance company, Third Point Reinsurance Company Ltd. (together, "Third Point Re"), is a Bermuda-based specialty property and casualty reinsurer with a reinsurance and investment strategy that we believe differentiates us from our competitors. Third Point Reinsurance strategy is to be highly opportunistic and disciplined. Substantially all of our investable assets are managed by our investment manager, Third Point LLC, which is wholly owned... by Daniel S. Loeb, one of our founding shareholders. Third Point LLC is an SEC-registered investment adviser headquartered in New York, managing $12.9 billion in assets as of April 30, 2013. We directly own our investments, which are held in a separate account and managed by Third Point LLC on substantially the same basis as its main hedge funds, including Third Point Partners L.P., the original Third Point LLC hedge fund.

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