S&P puts SiriusPoint on credit watch negative after leadership exodus
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S&P puts SiriusPoint on credit watch negative after leadership exodus

SiriusPoint logo bermuda v2.jpg

S&P Global Ratings has placed SiriusPoint and its subsidiaries on credit watch with negative implications following its recent leadership shuffle.

The Bermuda-based (re)insurer currently has an A- long-term financial strength rating and a BBB long-term issuer credit rating.

The ratings agency highlighted the recent departures of former CEO Sid Sankaran and COO Prashanth Gangu as the cause of the outlook...

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