Neil McConachie has resigned as a director of Dan Loeb’s Third Point Reinsurance two years after joining the hedge fund-backed reinsurer’s board, according to regulatory filings released Friday.
McConachie handed in his resignation to Third Point on July 1 with immediate effect, according to the filing.
McConachie is long-time reinsurance executive, having joined Third Point’s board following his resignation from Bermuda-based Fidelis Insurance where he was co-founder and group CFO.
Prior to Fidelis, McConachie held leadership positions at Lancashire Group, Montpelier Re Holdings Ltd. and Montpelier Re Holdings Ltd.
This post was updated for clarity in July 11.