Newman Howard H Form 4 Third Point Reinsurance / HOWARD H NEWMAN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

PINE BROOK LVR, L.P.

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS, LLC

60 EAST 42ND STREET, 50TH FL

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Third Point Reinsurance Ltd. [ TPRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, par value $0.10	02/01/2017		S		448,408	D	$11.5599(3)	10,646,565	D(1)(2)
Common Shares, par value $0.10	02/02/2017		S		129,054	D	$11.5491(4)	10,517,511	D(1)(2)
Common Shares, par value $0.10	02/03/2017		S		122,480	D	$11.4641(5)	10,395,031	D(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

PINE BROOK LVR, L.P.

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS, LLC

60 EAST 42ND STREET, 50TH FL

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

PBRA (CAYMAN) Co

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS LLC

60 EAST 42ND STREET, 50TH FLOOR

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Pine Brook Road Advisors, LP

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS LLC

60 EAST 42ND STREET, 50TH FLOOR

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

PBRA, LLC

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS, LLC

60 EAST 42ND STREET, 50TH FLOOR

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

NEWMAN HOWARD H

(Last) (First) (Middle)

C/O PINE BROOK ROAD PARTNERS LLC

60 EAST 42ND ST, 50TH FLOOR

(Street)

NEW YORK NY 10165

(City) (State) (Zip)

Explanation of Responses:

1. Represents Common Shares ("Shares") held directly by Pine Brook LVR, L.P.

2. PBRA (Cayman) Company ("PBRA Cayman") serves as general partner to Pine Brook LVR, L.P. Pine Brook Road Advisors, LP ("Advisors") serves as investment manager to PBRA Cayman. PBRA, LLC serves as general partner of Advisors. Howard H. Newman ("Mr. Newman") is the sole member of PBRA, LLC. In such capacities, each of PBRA Cayman, Advisors, PBRA, LLC and Mr. Newman may be deemed to indirectly beneficially own Shares held by Pine Brook LVR and disclaims beneficial ownership of all such Shares except to the extent of any indirect pecuniary interest therein.

3. This price reflects the weighted average sale price for open-market sales of Shares made by the Reporting Persons on February 1, 2017, within a $1.00 range. The actual prices for these transactions range from $11.40 to $11.70, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price within the ranges set forth in footnotes (3), (4), and (5) to this Form 4.

4. This price reflects the weighted average sale price for open-market sales of Shares made by the Reporting Persons on February 2, 2017, within a $1.00 range. The actual prices for these transactions range from $11.45 to $11.60, inclusive.

5. This price reflects the weighted average sale price for open-market sales of Shares made by the Reporting Persons on February 3, 2017, within a $1.00 range. The actual prices for these transactions range from $11.45 to $11.60, inclusive.

Remarks:

Exhibit 99.1 - Power of Attorney (incorporated by reference to Exhibit B to the Schedule 13G filed by Pine Brook Road Advisors, LP on January 20, 2015).

	PINE BROOK LVR, L.P., By: PBRA (CAYMAN) COMPANY, its general partner, By: /s/ Rob Jackowitz, Director	02/03/2017
	PBRA (CAYMAN) COMPANY, By: /s/ Rob Jackowitz, Director	02/03/2017
	PINE BROOK ROAD ADVISORS, LP, By: /s/ Robert Jackowitz, Chief Compliance Officer	02/03/2017
	PBRA, LLC, By: /s/ Robert Jackowitz, Executive Vice President	02/03/2017
	HOWARD H. NEWMAN, By: /s/ Robert Jackowitz, Attorney-in-Fact	02/03/2017
	** Signature of Reporting Person	Date
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