Hashtag: #SiriusPoint

SiriusPoint Responds To S&P’s CreditWatch

SiriusPoint Responds To S&P’s CreditWatch

SiriusPoint Ltd said they have “noted that S&P Global Ratings [S&P] has placed SiriusPoint Ltd and its core subsidiaries on CreditWatch, with Negative implications.” A spokesperson said, “S&P identified recent management changes as the cause of the CreditWatch, following the departures of SiriusPoint’s Chief Executive Officer... Read more of this article

SiriusPoint Announces Partnership With Garentii

SiriusPoint Announces Partnership With Garentii

SiriusPoint Ltd. has announced a strategic partnership with Garentii, a tech-enabled Managing General Agent [MGA] providing digital home rental insurance. A spokesperson said, “As part of the partnership, SiriusPoint will provide risk advisory services along with paper and balance sheet. The partnership builds on the growing number of companies in... Read more of this article

SiriusPoint Announces New Appointments

SiriusPoint Announces New Appointments

SiriusPoint announced appointments to Executive Leadership Team and Insurance & Services Segment. A spokesperson said, “Patrick Charles joins the SiriusPoint ELT and has been promoted to Global Head of Property and Casualty [P&C] Insurance & Services. Patrick joined SiriusPoint in September 2021, with 20 years of underwriting and strategic... Read more of this article

SiriusPoint Announces Investment In Samos

SiriusPoint Announces Investment In Samos

SiriusPoint Ltd. has announced its investment in Samos Insurance, a US and Canadian MGA platform which offers “a first-of-its-kind accidental death insurance product.” A spokesperson said, “The product covers planned surgical procedures including scheduled caesarean sections, joint replacements, heart surgery and cancer diagnostic procedures. “Samos... Read more of this article

Chairman & CEO To Resign From SiriusPoint

Chairman & CEO To Resign From SiriusPoint

SiriusPoint Ltd announces Chairman and CEO Siddhartha Sankaran has resigned from the Company to “pursue other opportunities.” A spokesperson said, “The Board has named Daniel Malloy as Interim Chief Executive Officer while the Board initiates a search for a permanent successor, and current Director Sharon Ludlow as Interim Chair... Read more of this article

SiriusPoint Ltd Appoints Nick Pascall

SiriusPoint Ltd Appoints Nick Pascall

SiriusPoint Ltd. has announced the appointment of Nick Pascall to the role of Head of London and International Casualty. A spokesperson said, “Nick will be responsible for driving the London and International Casualty underwriting strategy in line with the SiriusPoint group risk appetite, identifying profitable growth opportunities, and innovating... Read more of this article

Daniel Loeb To Join SiriusPoint Board

Daniel Loeb To Join SiriusPoint Board

SiriusPoint Ltd announced that Daniel S. Loeb, its largest individual shareholder, will join the Board of Directors. “We are delighted that Dan is joining the Board at this time as the Company continues to focus on serving our clients as a specialized global insurer and reinsurer,” said Sharon Ludlow, Chair of the SiriusPoint Board of Directors.... Read more of this article

SiriusPoint Announces Investment In Smart Car

SiriusPoint Announces Investment In Smart Car

SiriusPoint Ltd. has announced its investment in autonomous vehicle revolution technology through a strategic partnership with the Managing General Agent [MGA] Avinew. A spokesperson said, “SiriusPoint Ltd., a global insurer and reinsurer, has announced its investment in autonomous vehicle revolution technology through a strategic partnership with... Read more of this article

SiriusPoint Builds Out Technology Team

SiriusPoint Builds Out Technology Team

SiriusPoint Ltd has made appointments to its information technology team, “building out a diverse set of expertise to transform the way the company operates and supports its business functions.” A spokesperson said, “SiriusPoint Ltd, a global insurer and reinsurer, has made key appointments to its information technology team, building... Read more of this article

AM Best Affirms Credit Ratings Of SiriusPoint

AM Best Affirms Credit Ratings Of SiriusPoint

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings  of “a-” [Excellent] of the rated operating subsidiaries of SiriusPoint Ltd. Additionally, AM Best has affirmed the Long-Term ICR of “bbb-” [Good] of SiriusPoint, which is a non-operating holding company. Concurrently, AM Best has affirmed... Read more of this article

SiriusPoint Partnership With Players Health

SiriusPoint Partnership With Players Health

Bermuda headquartered SiriusPoint announced a strategic partnership in Players Health, an amateur sports insurance and risk management platform. “SiriusPoint was one of the lead investors in Players Health’s latest funding round which raised $28 million. The investment takes SiriusPoint’s strategic partnerships to over 30 as it expands its... Read more of this article

Mosaic To Acquire SiriusPoint Managing Agency

Mosaic To Acquire SiriusPoint Managing Agency

Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction in which the global re/insurer will become a strategic investor in Mosaic. Mosaic Co-CEO Mitch Blaser said, “We’re excited about this opportunity to expand our presence at Lloyd’s and we’re proud of the phenomenal... Read more of this article

SiriusPoint Appoints Jason Robart To Its Board

SiriusPoint Appoints Jason Robart To Its Board

SiriusPoint has appointed Jason Robart to its Board of Directors. A spokesperson said, “SiriusPoint Ltd, a global specialty insurer and reinsurer, has announced the appointment of Jason Robart to the SiriusPoint Board of Directors as an Independent Director, effective 1 March 2022.” Sid Sankaran, Chairman and Chief Executive Officer, said, “I... Read more of this article