Top Stories / Ad / Most Recent
Top Stories / Ad / Most Recent
-
The reduction was due to impacts from investments and less favourable PYD. -
Primary and excess casualty in the US saw double-digit rate growth and remained above loss trends in Q1.
-
The remediation process is on track for completion in the fourth quarter.
-
The days of 30%+ growth are probably behind the firm, he said.
-
Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
-
The carrier is targeting an IPO valuation between $2.6bn and $2.9bn.
-
The carrier is offering shares priced at $29-$31.
-
The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change.
-
However, the firm will take a “conservative approach” until the improvements are shown in data.
-
The Kelso and Arch-backed run-off player has retained Evercore to advise.
-
The legacy carrier reported an operating loss of $45.3mn for the year.
-
The CUO’s turnover closely follows that of the CEO.
Related
-
Hiscox Re senior underwriter Williams to exit for Miller
June 03, 2025 -
Howden Re reports 10% rate reduction at 6.1 renewals
May 29, 2025