Reinsurance News

SiriusPoint CEO to ring NYSE Opening Bell

16th March 2021 - Author: Luke Gallin

Following the recent launch of SiriusPoint, a new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, the company’s Chairman and Chief Executive Officer (CEO), Sid Sankaran, will today ring The Opening Bell of the New York Stock Exchange (NYSE).

siriuspoint-nyse-bellThe new Bermuda-based company launched on February 26th, 2021 with more than $3 billion in initial capital.

SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from A.M. Best, Fitch, and S&P, and are licensed to operate in Bermuda, the U.S., Sweden, the UK, Belgium, Switzerland, Canada, and Singapore.

Commenting on the company’s listing on the NYSE under the ticker symbol SPNT, Sankaran said: “I am delighted to be ringing the Opening Bell at the NYSE in this celebration of renewal.

“SiriusPoint has launched as one of the first key players in the class of 2020. The insurance and reinsurance industry has a history of responding with innovation after any big shock event, and the dislocation caused by the pandemic will spark the kind of change that gives birth to a new chapter in the story of the industry.

“We believe that SiriusPoint will be at the forefront of that change – a disruptive force driving innovation and progress.”

Built around a global platform, the re/insurer provides solutions services to clients and brokers in almost 150 countries, with access to both admitted and non-admitted paper in Europe, the U.S., Bermuda, and Lloyd’s of London.

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Maiden Holdings returns to underwriting profitability in 2020

A return to underwriting profitability and a favourable result from continuing operations helped Maiden Holdings, Ltd. produce net income of...