Daniel Loeb enters standstill agreement with SiriusPoint
Move follows end of exploratory talks
Source: insurancebusinessmag.com
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Move follows end of exploratory talks
The move follows Loeb’s failed attempt to take the company private earlier this year.
Hedge Fund Manager Daniel S. Loeb has agreed he will not make further attempts to take SiriusPoint private for two more years. SiriusPoint and Loeb, who
Aon played a key role as the broker for the MGA partnership.
Both make major turnaround from losses posted a year ago