Hashtag: #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. 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
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 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 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 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
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 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 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
SiriusPoint Makes $25,000 Donation To IAC
The Inter Agency Committee for Children, Families and the Community [IAC] has received $25,000 from SiriusPoint. A spokesperson said, “The Inter Agency Committee for Children, Families and the Community – a nonprofit that unifies and strengthens social sector agencies to serve children, families and the community in Bermuda – has received $25,000... Read more of this article
SiriusPoint Promotes Shams Patel
SiriusPoint Ltd. has announced the appointment of Shams Patel to the role of Chief Pricing Actuary. A spokesperson said, “Shams joined SiriusPoint in 2008 and most recently held the position of Head of Pricing and Business Planning in the UK. As Chief Pricing Actuary, Shams will lead pricing strategy across SiriusPoint’s global re/insurance platform,... Read more of this article
SiriusPoint Invests In Honeycomb Company
SiriusPoint has invested in Honeycomb, “a disruptive US ‘people-focused, tech-driven’ multi-family home insurer.” A spokesperson said, “SiriusPoint Ltd., a global insurer and reinsurer, has invested in Honeycomb, a commercial real estate insurance company that uses technology to help owners of multi-family properties find better... Read more of this article
SiriusPoint Ltd Appoints Ari Chester
SiriusPoint Ltd. has appointed Ari Chester as Head of US and Canada Reinsurance. A spokesperson said, “SiriusPoint Ltd., a global specialty insurer and reinsurer, has appointed Ari Chester as Head of US and Canada Reinsurance. “Ari will be responsible for managing the US and Canadian business across Property Treaty, Casualty Treaty, and other... Read more of this article
LimitFi & SiriusPoint Announce Partnership
Limit Financial and SiriusPoint Ltd. announced a “multi-year underwriting capacity partnership and a strategic investment that will support existing and future credit insurance product offerings.” A spokesperson said, “Limit Financial [LimitFi], a managing general agent [MGA] specializing in credit insurance and reinsurance solutions,... Read more of this article
Compre Completes SiriusPoint Legacy Deal
Compre, the international specialist legacy group, today announced the completion of its acquisition of a US$417 million legacy liability portfolio of SiriusPoint Ltd., having received all necessary regulatory approvals. The transaction, structured as a loss portfolio transfer, has been underwritten by Compre’s class 3A Bermudian reinsurer, Pallas... Read more of this article
SiriusPoint Announces 2021 Q3 Earnings Results
In a filing with the Bermuda Stock Exchange, SiriusPoint Ltd. announces third quarter 2021 earnings results. The full filing stated: “SiriusPoint Ltd. today announced results for its third quarter ended September 30, 2021. Third Quarter 2021 Highlights and Recent Developments Net loss of $48 million, or $0.34 per diluted common share Tangible diluted... Read more of this article
