Reinsurance News
SiriusPoint
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
Innovation and strategy drive Bermuda’s reinsurance dominance: SiriusPoint’s Govrin
11th March 2025
In an interview with Reinsurance News, David Govrin, Group President and CEO of Global Reinsurance at SiriusPoint, discussed Bermuda's continued dominance as a reinsurance hub, highlighting its innovation, capacity, strategic location, and regulatory framework, while also noting the challenge of high operating costs. We spoke with Govrin around the Bermuda Risk ... Read the full article
SiriusPoint eyes spot among best-in-class operators following strong 2024
28th February 2025
In a recent interview with Reinsurance News, Scott Egan, CEO of SiriusPoint, emphasised that 2024 was a "remarkable year of delivery" for the firm, marking the completion of its repositioning as it aims to continue both growing and enhancing performance. "We have significantly improved our balance sheet and structure to be ... Read the full article
SiriusPoint names James Anderson as Global Chief Pricing Actuary
25th February 2025
Bermuda-based insurer and reinsurer SiriusPoint has announced the appointment of James Anderson as Global Chief Pricing Actuary, effective May 12, 2025. In this role, Anderson will lead the global actuarial pricing team, enhancing SiriusPoint’s pricing framework, business insights, and portfolio analytics. He will also work closely with IT to implement standardised ... Read the full article
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