Third Point Re to run-off cat fund

Third Point Re is winding down its catastrophe fund and
investing in strategic partner Hiscox Bermuda's Kiskadee funds
instead.
In a statement today (18 December), the Bermudian hedge fund
reinsurer said it is undertaking a "re-alignment" of its
partnership with Hiscox that will see it contribute certain
resources from its Third Point Investment Management business into
the Kiskadee insurance-linked securities platform.
It will also make an unspecified investment in the Kiskadee
fu