SiriusPoint expects no change to S&P rating as CMIH enters receivership
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

SiriusPoint expects no change to S&P rating as CMIH enters receivership

SiriusPoint logo bermuda.jpg

SiriusPoint said that the receivership of CMIG International Holding (CMIH) is not expected to affect its Standard & Poor’s rating, despite an affiliate being a major shareholder in the insurer.

A Bermuda CMIH subsidiary holds a 33% shareholding in SiriusPoint, although its voting rights are limited to 9.9%.

The Bermudian reinsurer and the ratings agency issued statements as the Chinese investment company was taken into private receivership by its Singapore...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article