Reinsurance News
SiriusPoint
SiriusPoint acquires Assist America to expand IMG services
23rd December 2025
Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisition will significantly bolster IMG’s third-party medical and travel assistance revenue, increase scale in the US, and expand its ... Read the full article
SiriusPoint names Maria Tarhanidis as Chief Investment Officer
20th November 2025
SiriusPoint Ltd., a speciality re/insurer, has announced that Maria Tarhanidis will assume the position of Chief Investment Officer on December 2, 2025. Tarhanidis, who will be based in New York, is set to join the senior leadership team and will report to Chief Financial Officer Jim McKinney. Her responsibilities will include managing ... Read the full article
SiriusPoint’s Q3’25 underwriting income rises 11% on lower cat losses
31st October 2025
Bermuda-based insurer and reinsurer SiriusPoint Ltd. reported core underwriting income of $69.6 million in the third quarter of 2025, up 11.4% from $62.5 million in the same period a year earlier, as growth in Insurance & Services income more than offset a slight decline in Reinsurance underwriting income. In Q3’25, the ... Read the full article
Will Nihan to lead SiriusPoint’s IMG as CEO
21st October 2025
SiriusPoint Ltd., a global specialty insurer and reinsurer, has appointed Will Nihan as Chief Executive Officer (CEO) of International Medical Group (IMG), its wholly owned subsidiary and a global insurance benefits and assistance services. The appointment is effective as of November 3rd, 2025. In his new role, Nihan replaces Adam Hirschfeld, ... Read the full article
Reinsurance News Monte Carlo Executive Roundtable 2025
13th October 2025
At the 67th edition of RVS in September, Reinsurance News held its third Monte Carlo Executive Roundtable, during which eight leaders from across the re/insurance industry discussed market trends ahead of the key January 1st, 2026, renewal season. In partnership with AM Specialty Insurance Company ... Read the full article
SiriusPoint to sell 49% stake in MGA Arcadian for $139m
6th October 2025
Global specialty insurer and reinsurer SiriusPoint has agreed to sell its 49% equity stake in managing general agent (MGA), Arcadian Risk Capital, to Lee Equity Partners for total consideration of $139 million, inclusive of a pre-close dividend. At the same time, SiriusPoint has announced it has renewed and extended its capacity ... Read the full article
S&P Global Ratings upgrades SiriusPoint outlook to positive
3rd October 2025
Credit rating agency S&P Global Ratings has upgraded its outlook on SiriusPoint Ltd. and its operating subsidiaries from Stable to Positive. The upgrade reflects the Company’s consistent underwriting profits over the past two and a half years and a significantly reduced overall risk profile. In August, the re/insurer posted a rise ... Read the full article
SiriusPoint to sell ArmadaCare MGA to Ambac for $250m
30th September 2025
Global specialty insurer and reinsurer SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group for $250 million, while continuing its capacity partnership with Armada until the end of 2030. The transaction, which values Armada at approximately 14x EBITDA, is expected to close ... Read the full article
David Turner to lead SiriusPoint’s global Claims function
17th September 2025
Specialty insurer and reinsurer SiriusPoint has announced the appointment of David Turner as Global Head of Claims, a London-based role. From October 7, 2025, Turner will lead the global Claims function, overseeing teams across London and New York. He will be reporting to Scott Egan, ... Read the full article
SiriusPoint appoints Martin Hudson as Board Director
5th September 2025
Bermuda-domiciled global specialty insurer and reinsurer SiriusPoint Ltd. has appointed Martin Hudson as Board Director, effective September 1st, 2025. Hudson has over four decades of international re/insurance leadership experience, spanning underwriting, risk management, governance, and executive management. His leadership experience covers wholesale and retail insurance, specialty and reinsurance markets, and global operations ... Read the full article
SiriusPoint to provide Arden with capacity for new US wildfire parametric solution
13th August 2025
Bermuda-based insurer and reinsurer SiriusPoint has partnered with Arden Insurance Services LLC, a United States-based commercial property managing general underwriter (MGU), as a capacity provider for the MGU's newly launched wildfire-exposed risks program, which includes embedded parametric coverage. Arden’s new Consolidated Fire Insurance Policy (CFIP) will initially be offered in California, ... Read the full article
SiriusPoint’s Q2’25 underwriting income improves on lower cats & higher favourable PYD
4th August 2025
Bermuda-based carrier SiriusPoint has reported a rise in core underwriting income to $67.6 million for the second quarter of 2025, compared with $36.9 million a year earlier, as catastrophe losses decreased and favorable prior year loss reserve development increased. The re/insurer has reported a solid set of results for the second ... Read the full article
Pen Underwriting extends SiriusPoint partnership into PI
18th July 2025
Pen Underwriting, a specialist underwriting agency in the UK, has expanded its partnership with global re/insurer SiriusPoint through a new capacity deal in support of international professional indemnity (PI) risks. As per the terms of the agreement, SiriusPoint will have 100% capacity for Pen’s international PI portfolio, with its dedicated London ... Read the full article
SiriusPoint hires Catalina Re’s Andrew Pryde as Group Chief Risk Officer
27th June 2025
Bermuda-based insurer and reinsurer SiriusPoint has appointed Andrew Pryde from Catalina Re as Group Chief Risk Officer (CRO), effective September 2025. In his new role, Pryde will be based in Bermuda, where he will report to SiriusPoint’s Chief Executive Officer, Scott Egan. As Group Chief Risk Officer, Pryde will hold responsibility for ... Read the full article
SiriusPoint extends DUPI Nordics partnership into continental Europe
19th June 2025
SiriusPoint Ltd., a re/insurer focused on specialty lines, has announced the expansion of its ongoing relationship with Copenhagen-based Managing General Agent (MGA), DUPI Nordics, into Continental Europe. Since March 2023, SiriusPoint has supported DUPI Nordics by providing capacity for its niche insurance offerings. Initially centred on Brown Water Hull coverage in the ... Read the full article
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