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Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital February 26, 2021 SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial capital. The company was created from the merger of specialty reinsurer Third Point Reinsurance Ltd. and Sirius International Insurance Group Ltd., a multi-line insurer and reinsurer. The deal was first announced in August 2020. SiriusPoint has launched as one of the first substantial re/insurers of the Class of 2...

Specialty re/insurer SiriusPoint goes live with over $3bn in capital 26-02-2021 More on this story 12-02-2018 SiriusPoint, the company formed through the merger of Bermuda-based specialty reinsurer Third Point Re and multi-line re/insurer Sirius Group, has officially launched with over $3 billion in initial capital. The company described its launch as one of the first "substantial" re/insurers of the Class of 2020, with a "robust capital structure, global platform, underwriting talent, and long-standing client and broker relationships already in place". SiriusPoint’s operating companies hav...

Chairman Sid Sankaran says the company is looking at ways to 'grow intelligently' post-merger.

Third Point Re Announces Fourth Quarter 2020 Earnings Results Net income of $134.4 million, or $1.43 per diluted common share, for the fourth quarter of 2020 Return on beginning shareholders' equity of 9.4% for the fourth quarter of 2020 News provided by Share this article Share this article HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ -- Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE:TPRE) today announced results for its fourth quarter ended December 31, 2020. Earnings Summary Third Point Re reported net income available to common shareholders of $134.4 million, or...

Third Point Re Announces Appointments to SiriusPoint Leadership Team February 22, 2021 The leadership team announcements are: Dan Malloy, president, Global Distribution and head of Runoff. Malloy will be responsible for distribution and business development, and broker and client engagement. He will also oversee SiriusPoint’s runoff division. He will be based in Bermuda, subject to Bermuda Immigration approval. Malloy is the current chief executive officer at Third Point Re. David Govrin, global chief underwriting officer and president, Americas Reinsuran...