Hashtag: #SiriusPoint
SiriusPoint & ProVerity Announce Partnership
SiriusPoint Ltd. and and program administrator ProVerity Underwriters announced a “new strategic partnership.” A spokesperson said, “As a provider of capacity, SiriusPoint will work closely with ProVerity to develop customized solutions for the professional liability market. “Based in Philadelphia and founded in 2023, ProVerity... Read more of this article
SiriusPoint Appoints Alex Hardy As Sales Head
SiriusPoint Ltd. announced the appointment of Alex Hardy as Director of Sales & Distribution for its International business. A spokesperson said, “Mr Hardy, who joins on December 4, 2023, will be based in London, and will report into Rob Gibbs, President & CEO, SiriusPoint International. “Alex has worked in the insurance industry... Read more of this article
S&P Upgrades SiriusPoint Outlook To Stable
SiriusPoint Ltd, a global specialty insurer and reinsurer, has had its ratings outlook revised from ‘Negative’ to ‘Stable’ by S&P Global Ratings [S&P]. A spokesperson said, “”S&P’s decision to revise its ratings outlook to ‘Stable’ reflects its “expectation that SiriusPoint will continue to post strong and improving... Read more of this article
Parameter Climate Completes Buyout
Parameter Climate announced has announced a management buyout of its seed investor, SiriusPoint Ltd. A spokesperson said, “Parameter Climate, the market-leading climate risk advisory, distribution and analytics firm, has announced a management buyout of its seed investor, SiriusPoint Ltd, two years after the launch by its veteran team in October... Read more of this article
SiriusPoint And Banyan Risk Extend Partnership
SiriusPoint Ltd., a global specialty insurer and reinsurer, and Bermuda-based Managing General Agent [MGA] Banyan Risk Ltd have today announced an extension of their partnership. A spokesperson said, “The deal announced today begins a three-year extension of the commercial relationship between Banyan and SiriusPoint and concludes the 100% transfer... Read more of this article
SiriusPoint Appoint Stephen Smyth
SiriusPoint Ltd., a global specialty insurer and reinsurer, announced that it has appointed Stephen Smyth as Head of Marine in London. A spokesperson said, “Mr Smyth, who joins SiriusPoint on October 16th, 2023, will also be the Active Underwriter for Syndicate 1945, subject to Lloyd’s approval. “SiriusPoint underwrites marine insurance... Read more of this article
SiriusPoint Appoints Shapella As Deputy CUO
SiriusPoint, a global specialty insurer and reinsurer, has appointed Anthony Shapella as Deputy Chief Underwriting Officer. A spokesperson said, “Based in New York and reporting to David Govrin, Group President, and Chief Underwriting Officer [CUO], Mr. Shapella will join the business on September 5th, 2023. “In this newly created role,... Read more of this article
Video: SiriusPoint Rings NYSE Closing Bell
SiriusPoint rang the New York Stock Exchange [NYSE] Closing Bell earlier this week. SiriusPoint CEO Scott Egan said, “Today is a special day for SiriusPoint. Who would have thought 12 months ago we’d be standing here with our logo around the New York Stock Exchange, our share price up 140%, and what makes me proud is that it’s not by accident.... Read more of this article
SiriusPoint Appoints Habib Kattan
SiriusPoint has appointed Habib Kattan as Global Head of Ceded Reinsurance. Mr. Kattan will join the business, based in London, on August 1, 2023. A spokesperson said, “Mr. Kattan will report to David Govrin, Group President and Chief Underwriting Officer [CUO]. His role will include establishing the strategy and structure of SiriusPoint’s global... Read more of this article
SiriusPoint Appoints Thomas Leonardo
SiriusPoint Ltd., a global specialty insurer and reinsurer, has appointed Thomas Leonardo as Global Head of Accident & Health [A&H], effective immediately. A spokesperson said, “Previously Senior Vice President and US Head of A&H, Mr Leonardo has served on SiriusPoint’s Executive Leadership Team since July 2022. His appointment to... Read more of this article
SiriusPoint & Compre Complete Portfolio Transfer
SiriusPoint Ltd. and Compre, the Bermuda headquartered international legacy group, today announced the “completion of a significant ground-up Loss Portfolio Transfer [LPT] of a diversified portfolio of primarily reinsurance business, the second that the companies have partnered on.” A spokesperson said, “Compre has assumed approximately... Read more of this article
Masojada Appointed SiriusPoint Board Chairman
SiriusPoint announced the appointment of Bronek Masojada as Chair of the Company’s Board of Directors, effective immediately A spokesperson said, “Mr Masojada, who joined the board on May 2 this year, is an insurance market veteran with over 30 years’ leadership experience in the industry. Sharon Ludlow, who joined the board in February 2021,... Read more of this article