SiriusPoint

AM Best has revised the outlook of the rated operating subsidiaries of SiriusPoint to Positive from Stable, citing the Company’s “very strong balance sheet”. AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of SiriusPoint’s rated operating subsidiaries. Additionally, the rating agency has affirmed the Long-Term ICR of “bbb-” (Good) of SiriusPoint. AM Best said the revision of the outlook to Positive from Stable reflects SiriusPoint’s improved balance sheet strength following actions taken by management including the derisking of the investment portfolio, reduction in catastrophe exposure, and the recent buy-back of shares and warrants previously held by CM Bermuda Ltd. “This outlook revision is a reflection of our journey towards stability, underwriting profitability, and becoming a best-in-class insurer and reinsurer,” said Scott Egan, Chief Executive Officer of SiriusPoint. “This is further recognition of SiriusPoint’s achievements and the work we have done to reshape our future. I am proud of the team at SiriusPoint who have worked with dedication and commitment to improve our company profile, balance sheet strength, and underwriting performance.” Read our press release in full here: https://lnkd.in/eQMi_aY8

Find out more about SiriusPoint’s approach to sustainability and our ongoing efforts to positively impact our local communities in our new Sustainability Report: https://lnkd.in/e2Fmhx2C Read more about our approach to underwriting, our people and community strategy, our investment portfolio, and the role of our ESG Steering Committee and ESG Council as they lead and progress our sustainability strategy. #sustainability #ESG #OneSiriusPoint

In a recent interview at the Bermuda Risk Summit 2025, David Govrin, Group President and CEO of Global Reinsurance, sat down with Sophie Roberts from The Insurer to discuss the crucial role of culture in the Company's transformation. David emphasized that culture has been a key factor in the Company's success, helping attract top talent and foster collaboration across the business. "We have spent an enormous amount of time over the last couple of years on the culture of the Company. I think that comes through loud and clear, certainly internally, but I think it also comes through externally with our stakeholders, with clients, and brokers." To read the full article, please click here: https://bit.ly/43XzGyg #OneSiriusPoint #Reinsurance #Insurance

We are pleased to launch our new Sustainability Report. At SiriusPoint, we are committed to integrating environmental, social, and governance considerations into every aspect of our business. This report highlights our dedication to sustainability and our ongoing efforts to make a positive impact on the communities in which we work. Read the report here: https://lnkd.in/e2Fmhx2C #sustainability #ESG #OneSiriusPoint

Rob Gibbs, President and CEO of SiriusPoint International, sat down with the team at the Managing General Agents’ Association (MGAA) as part of the MGAA Conversation podcast series to share his insights on the MGA market and SiriusPoint's approach to partnerships. "MGAs are our priority… Our MGA partners are more than a distribution channel; we put them right at the front of our business.   "We put a team around those MGAs, and create individualised support and controls so that from day one, we empower the MGAs to thrive, giving them the freedom to do what they do best and amplify their expertise." #Insurance #Reinsurance #OneSiriusPoint #Underwriting

Anthony Shapella, Group Chief Underwriting Officer, talks about why underwriting excellence is a priority for SiriusPoint in this year’s Annual Report.   “Underwriting excellence means precision underwriting by every underwriter, for every transaction and every business unit, every day. It is about applying rigorous and principled decision-making from portfolio and risk selection to pricing adequacy and coverage design, along with capital optimization, to achieve great outcomes.”   Click here to find out more and to read our Annual Report https://lnkd.in/eSCfB5MD #insurance #reinsurance #OneSiriusPoint #underwriting

SiriusPoint has announced a new strategic collaboration with New York-based human and social service managing general underwriter, irwin siegel agency (ISA), which is part of the Ryan Specialty family.   SiriusPoint will collaborate with ISA on the launch of a new Casualty and Excess program, providing solutions to companies operating within social and human services. This includes community action agencies, emergency and homeless shelters, job counselling and training centres, outreach programs, and more. This program is exclusively accessed through wholesale distribution.   Patrick Charles, Head of North America Insurance at SiriusPoint, said, “The launch of a new Casualty and Excess program will not only deliver innovative insurance and risk management solutions to a gap in the market, but will fill a distinct need in the human and social services space. We look forward to a successful collaboration with ISA.” https://lnkd.in/gFubYB_g

What topics will dominate P&C conversations in the coming months? David Govrin, Group President & CEO of Global Reinsurance, joined the team at Insurance Business UK during this year's Bermuda Risk Summit to give his views on some of the issues he expects to impact the market. Click here to hear David's thoughts (at 11:41) as he talks global economic uncertainty, the pricing of risk, and technology and data. https://lnkd.in/eqaQPWDg

Our 2024 Annual Report is now available. Hear from members of our leadership team, including CEO Scott Egan who reflects on the year in which we repositioned the Company. Scott shares more about building the culture at SiriusPoint, our underwriting first strategy, creating long-lasting partnerships, and plans for the future. “Results like these do not happen by accident and it takes everyone in the Company pulling together to succeed. That is our One SiriusPoint culture in action.” Click here to read the report: https://lnkd.in/eSCfB5MD

SiriusPoint’s Group Chief Underwriting Officer, Anthony Shapella, caught up with Ronan McCaughey at InsuranceERM recently to discuss some of the underwriting risks on his radar.   Find out more about Anthony’s views on US casualty, managing social inflation, and geopolitical risk. He also shares his thoughts on the importance of collaboration:   “I'm a former chief risk officer and chief underwriting officer and I've been on both sides of the table. I do believe that the strongest models are very collaborative, working together across underwriting and risk to solve problems.”   Click here to read the article in full (subscription required). https://lnkd.in/gRrhtpuD #socialinflation #casualty #geopolitics #underwriting