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SiriusPoint

SiriusPoint launches specialty MGA Banyan Risk with Usher-Jones

8th July 2021

SiriusPoint, the international specialty re/insurer recently formed via the merger of Sirius Group and Third Point Re, has announced the launch of a new managing general agent (MGA) that will underwrite Directors & Officers (D&O) business, called Banyan Risk. Banyan has been established by Founder and CEO Tim Usher-Jones in partnership ... Read the full article

SiriusPoint’s Q1 combined ratio strengthens to 96.6%

11th May 2021

SiriusPoint Ltd. has reported net income of $130.9 million and a combined ratio of 96.6% for the first quarter of 2021, as catastrophe losses reached $5.7 million in the period. Net income of almost $131 million compares with a net loss of more than $183 million for the prior year quarter. At ... Read the full article

SiriusPoint hires Darryl Siry as Chief Technology Officer

4th May 2021

SiriusPoint, the international specialty re/insurer recently formed via the merger of Sirius Group and Third Point Re, has appointed Darryl Siry as Chief Technology Officer. Siry will report to Prashanth Gangu, Chief Operating Officer and President of Insurance and Services, with his position taking place place effective immediately. He will be responsible ... Read the full article

SiriusPoint hires Larry Hallett as SVP, Casualty Underwriting

28th April 2021

SiriusPoint, the international specialty re/insurer recently formed via the merger of Sirius Group and Third Point Re, has appointed Larry Hallett as Senior Vice President (SVP) of Casualty Underwriting. Hallet will report to Warren Trace, Head of US and Canada, Americas Reinsurance with a focus on casualty underwriting, including traditional and ... Read the full article

SiriusPoint targets alternative markets with Hestia Capital partnership

26th April 2021

SiriusPoint, the international specialty re/insurer recently formed via the merger of Sirius Group and Third Point Re, has announced a new partnership with advisory start-up Hestia Capital. The partnership with the Texas-based advisory firm represents the first that SiriusPoint has entered into since its inception in February 2021. Established by industry ... Read the full article

Allianz & SiriusPoint invest in $118m round for Pie Insurance

26th March 2021

Pie Insurance, an insurtech specializing in workers' comp insurance for small businesses, has raised $118 million in a Series C funding round led by Allianz X and Acrew Capital. Also participating in the round were existing investors SiriusPoint, Greycroft, SVB Capital, Elefund, and Moxley Holdings. The investment is expected to help Pie ... Read the full article

SiriusPoint CEO to ring NYSE Opening Bell

16th March 2021

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). The new Bermuda-based company launched on ... Read the full article

Insurer and reinsurer SiriusPoint launches with $3bn+ in capital

26th February 2021

Bermuda-based SiriusPoint Ltd., the new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, has officially launched with more than $3 billion in initial capital. Led by Chief Executive Officer (CEO) and Chairman Sid Sankaran, SiriusPoint launches as one of the first substantial players of the ... Read the full article

Further executive roles unveiled at SiriusPoint

22nd February 2021

As the merger between hedge fund-backed reinsurer Third Point Re and multi-line re/insurer Sirius Group nears completion, further executive and senior underwriting roles have been announced at SiriusPoint Ltd. Expected to close on or about the 26th of February, subject to satisfaction of closing conditions, the planned merger received shareholder ... Read the full article

Increased scale will unlock market opportunities, says SiriusPoint

21st January 2021

SiriusPoint, the new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, has said that increased scale will allow it to capitalize on more market opportunities. In a recent presentation, SiriusPoint explained that the enhanced scale and underwriting capabilities provided by its merger will make it ... Read the full article

AIG’s David Junius appointed COO of Third Point Re

30th September 2020

Bermudian reinsurer Third Point Re has announced the appointment of David Junius as Chief Operating Officer. Junius will transition to Chief Financial Officer once Third Point Re completes its merger with international multi-line re/insurer Sirius Group, becoming SiriusPoint. He brings over 23 years of experience, having most recently served as CFO for ... Read the full article

Third Point Re reaches agreement with Sirius shareholders

11th September 2020

Shareholders of Sirius International Insurance Group have agreed to remain as investors in the company following the completion of its merger with Bermuda-based reinsurer Third Point Reinsurance. First announced last month, the merger will see Sirius and Third Point Re combine into an entity called SiriusPoint Ltd, in a transaction ... Read the full article

For SiriusPoint, underwriting is paramount: Sankaran & Malloy

14th August 2020

SiriusPoint, the new insurer and reinsurer incepted via the combination of Third Point Re and Sirius Group, is determined to focus on the bottom line to ensure underwriting excellence. This is according to incoming Chief Executive Officer (CEO) of SiriusPoint, Sid Sankaran and Dan Malloy, current Third Point Re CEO who ... Read the full article

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