Third Point Investors finalises acquisition of Malibu Life Reinsurance

Third Point Investors has concluded its acquisition of a 100% equity stake in Malibu Life Reinsurance SPC (Malibu Life Re) from Malibu Life Holdings. Financial terms of the transaction were not disclosed. Malibu Life Holdings is wholly owned by Third Point Opportunities Master Fund and Malibu Life Re operates as a licensed life and annuity reinsurer in the Cayman Islands. The US-based alternative asset manager set up Malibu Life Re in May 2024. In May this year, Third Point Investors proposed an all-sh ...