SiriusPoint News

SiriusPoint Names Former RSA Executive Egan as CEO

SiriusPoint Ltd., the Bermuda-based specialty re/insurer, announced that Scott Egan has been appointed as the company’s chief executive officer, effective Sept. 21, 2022. Most recently the chief executive of Royal Sun Alliance (RSA) UK & International, and a FTSE 100 …

S&P Puts SiriusPoint on CreditWatch Neg. After CEO, COO Exits; SiriusPoint Comments

SiriusPoint, the Bermuda-based global specialty insurer and reinsurer, has responded to the recent decision by S&P Global Ratings (S&P) to place the company and its core subsidiaries on CreditWatch, with negative implications. SiriusPoint currently has an “A-” insurer financial strength …

People Moves: SiriusPoint Names Heerasing UK Country Branch Mgr; Re/Insurer IQUW Offers Crisis Mgmt Product With Team Led by Talbot’s Atkinson

This edition of International People Moves details appointments at Bermuda-based re/insurer SiriusPoint and London headquartered re/insurer IQUW. A summary of these announcements follows here. SiriusPoint Names Heerasing UK Country Branch Mgr, as Part of UK Realignment SiriusPoint Ltd., a global …

People Moves: SiriusPoint Announces Appointments to Executive Leadership Team and Insurance & Services Segment

SiriusPoint Announces Appointments to Executive Leadership Team and Insurance & Services Segment SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced two internal appointments to the company’s Executive Leadership Team (ELT). Patrick Charles joins the SiriusPoint ELT and has been …

SiriusPoint Announces Resignation of Chairman and CEO Sankaran

SiriusPoint Ltd., the Bermuda-based international specialty re/insurer, announced that Siddhartha (Sid) Sankaran, chairman and CEO, has resigned from the company to pursue other opportunities. The board has named Daniel Malloy as interim chief executive officer while the board initiates a …

Malloy Departs SiriusPoint, a Year After Company’s Launch

Dan Malloy has left SiriusPoint Ltd., a year after the company was formed from the merger of specialty reinsurer Third Point Reinsurance and Sirius International Insurance Group, a multi-line insurer and reinsurer. On April 6, 2022, SiriusPoint Ltd. entered into …

Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M

Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows customers looking for life, disability, home and auto insurance to …

Mosaic to Buy Sirius Int’l Lloyd’s Managing Agency; SiriusPoint to Be Mosaic Investor

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. Under the deal, which is subject to Lloyd’s …

People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H

This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd. A summary of these new hires follows here. Fairfax Financial Holdings Promotes Clarke to President Fairfax Financial Holdings Ltd. has appointed Peter Clarke …

New Insurer Sets Sail in Florida’s Stormy Waters, Credits Legislative Reforms

For the first time in almost a decade, a new insurance carrier is wading into the troubled Florida waters, and is expected to make take-out offers to more than 42,000 Citizens Property Insurance policyholders. VYRD Insurance Co., based in St. …