SiriusPoint
-
While attritional losses were up for the quarter, those in the carrier’s core business declined. -
The search for a CFO had been underway since last July.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The MGA is also looking to build out its US mid-market professional liability expertise.
-
The carrier has renewed and extended its capacity arrangement with the MGA.
-
The ratings agency cited a reduction in exposure to nat cat risk as a reason for the change.
-
The company will continue its capacity partnership with the MGA until 2030.
-
The company has also expanded its relationships with US and UK MGAs.
-
The carrier also benefitted from favourable reserve development in property and A&H.
-
Andrew Pryde succeeds Andreas Kull, who will stay on until September.
-
Philip Enan joins following 11 years at Chubb.
-
Space pricing experienced double-digit increases after the 2023 capacity retreat.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change.
-
ISA is part of Ryan Specialty National Programs, which launched last month.
-
SiriusPoint will provide capacity for a new construction liability program.
-
The partnership will launch a new umbrella excess insurance product.
-
The ratings agency noted “significant” underwriting improvement in 2023-24.
-
Meanwhile, SiriusPoint’s property book grew 25% in full-year 2024.
-
The firm’s core CoR improved 3.2 points to 90.2%.
-
After two payments, the transaction is expected to be complete in February 2025.
-
Shapella will also join the company’s executive leadership team.
-
The firm is still operating within its catastrophe budget for the year, CEO Scott Egan said.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The carrier is expanding its MGA partnerships and has invested in its marine team.
-
The executive will replace Habib Kattan, who joined the company last summer.
-
A quick roundup of today’s need-to-know news, including the CrowdStrike outage and a hire at SiriusPoint.
-
-
The Irish MGA will be able to underwrite commercial property risk up to EUR10mn.
-
SiriusPoint becomes sole carrier partner for Euclid’s liability program.
-
Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan.
-
She has also been a director of Enstar Group since October 2020.
-
Steve Yendall is stepping down after 18 months as SiriusPoint CFO.
-
The executive has worked as a casualty treaty underwriter at QBE Re and Scor.
-
This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Sources said the Bermuda carrier has been working with Jefferies on the sale.
-
-
Larson and Godlis will be based in New York and Mohamed will be based in London.
-
Instead, the firm’s core segments reported $13.5mn in full-year cat losses.
-
The carrier will prioritise underwriting profits over growth in 2024.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Putting together two “show me” stories risks investor skepticism.
-
It remains unclear whether there could be reputational damage after key shareholder CM Bermuda’s parent, CMIG International Holding, was taken into receivership.
-
Earlier this morning, SiriusPoint announced it had been informed that major shareholder CMIH had been taken into private receivership by lenders in Singapore.
-
An affiliate of the Chinese investment group has a 33% shareholding in the carrier.
-
InsurTech Nirvana plans to expand its offerings with a program designed for fleets with fewer than 10 units.
