Reinsurance News

SiriusPoint

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

SiriusPoint appoints Philip Enan as Chief Strategy & Corporate Development Officer

27th May 2025

Bermuda-based insurer and reinsurer SiriusPoint has announced the appointment of Philip Enan as Chief Strategy and Corporate Development Officer. Based in New York, Enan joins the company’s Executive Leadership Team and will report to Chief Executive Officer Scott Egan. In his new role, Enan will lead SiriusPoint’s strategy development process and explore ... Read the full article

SiriusPoint names Fenn as Global Head of Marine

9th May 2025

Bermuda-domiciled insurer and reinsurer SiriusPoint has promoted Chris Fenn to Global Head of Marine. Additionally, Anthony Grew has been appointed as Head of Cargo effective July 21st, while Giulia Argano will join the Global Claims team as Marine Claims Adjuster in May. The two appointments are strategic to strengthen the company’s ... Read the full article

SiriusPoint maintains underwriting profit streak and posts $58m net income in Q1’25

6th May 2025

SiriusPoint Ltd., a provider of re/insurance services, has announced strong results for the first quarter of 2025, continuing its streak of underwriting profitability, with underwriting income of $29 million for the quarter, compared with $44 million in Q1 2024. The combined ratio for the Core business was 95.4%, reflecting a slight ... Read the full article

SiriusPoint appoints Eleanor Gibson as International CUO

29th April 2025

Bermuda-based insurer and reinsurer SiriusPoint has announced the appointment of Eleanor Gibson as International Chief Underwriting Officer (CUO), effective May 6th, 2025. Based in London, Gibson will report to Rob Gibbs, President & CEO of SiriusPoint International, and Anthony Shapella, Group Chief Underwriting Officer. In her new role, she will provide strategic ... Read the full article

AM Best revises outlook to positive for SiriusPoint

28th April 2025

AM Best has revised the outlook of SiriusPoint's rated operating subsidiaries to positive from stable, citing the firm's consolidated balance sheet strength, operating performance, neutral business profile, and appropriate enterprise risk management. The rating agency explained that revising the outlook to positive from stable reflects SiriusPoint’s improved balance sheet strength following ... Read the full article

SiriusPoint and Ryan Specialty’s ISA to provide new casualty and excess solution

15th April 2025

Bermuda-domiciled insurer and reinsurer SiriusPoint has strategically collaborated with New York-based human and social service managing general underwriter (MGU), Irwin Siegel Agency (ISA), part of the Ryan Specialty family, to launch a new casualty and excess programme. The pair's latest launch will provide solutions for social and human services companies, including ... Read the full article

SiriusPoint partners with MGU Balance Partners

27th March 2025

SiriusPoint has entered a strategic partnership with Balance Partners, a North American managing general underwriter, to provide capacity for Balance Partners’ new Excess Construction Liability program, Vertical, which underwrites lead and following excess layers of up to $5 million. The new program, led by John LoPorto, Head of Vertical at Balance ... Read the full article

SiriusPoint partners with Holmes Murphy’s IPS to launch umbrella excess insurance

21st March 2025

Bermuda-based insurer and reinsurer SiriusPoint has strategically partnered with an independent insurance brokerage in the United States, Holmes Murphy and its wholly owned subsidiary and managing general agent (MGA), Innovative Program Solutions (IPS), to launch a new umbrella excess insurance product. The product will be exclusively tailored to captives managed by ... Read the full article