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Third Point Re CEO to step down

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Bermuda-based Third Point Reinsurance Ltd. has said that its chief executive John Berger will step down at the end of February, The Royal Gazette reported. Mr. Berger will remain with the reinsurer as chairman of the board and the underwriting committee. He will be replaced by Robert Bredahl, the reinsurer's president and chief operating officer, effective March 1.

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