This claim is made in the book Quantum Triangulations (eds.: Carfora, Marzuoli), p.45:
the thrice-punctured sphere is the largest subdomain of $\mathbb{S}^2$ supporting a hyperbolic metric.
I would appreciate it if someone could either explain this statement, or point me to the appropriate source that would help me understand it. Thanks!
http://en.wikipedia.org/wiki/Pair_of_pants_(mathematics)
See page 3 of Buser and Parlier and Kleinian