SiriusPoint
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CEO Sankaran and COO Gangu are looking to use the firm’s capital, platforms and licensing to create value beyond reinsurance.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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As part of the deal, all staff working for the MGA will join Mosaic, while SiriusPoint will become a strategic investor in the carrier.
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Jason Robart previously founded Seae Ventures, a venture capital firm.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key developments from the past week.
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The (re)insurer completed a $450mn redemption from hedge fund exposures, to be deployed in cash and fixed income, with an additional $100mn redemption in January 2022.
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The reinsurance unit's combined ratio plummeted to 91.2% from 129.4%, outweighing the increase in the insurance services combined ratio, which spiked to 98% from 55.5%.
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The deal makes SiriusPoint the lead underwriting capacity provider for Honeycomb.
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The business has attracted $110mn in its latest funding round and is valued at over $1.3bn.
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Ari Chester joined SiriusPoint in early 2021 and most recently served as Americas reinsurance COO.
Related
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SiriusPoint partners with Holmes Murphy MGA division
March 19, 2025 -
Fitch revises SiriusPoint outlook to positive
March 06, 2025