SiriusPoint Ltd.
Ticker(s):
SPNT, SSPFF, and SPNT-PB
Country:
Sector & Industry:
Business Overview
SiriusPoint Ltd. provides multi-line reinsurance and insurance products and services worldwide. The company operates in two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers’ compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.
Contact & Other Information
Number of Employees:
1,012
Website:
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SiriusPoint’s 2024 10-K filing reveals progress in strategic transformation with improved underwriting profitability, but ROE was impacted by one-time items. The company faces risks related to catastrophe exposure and market volatility, but opportunities exist in MGA partnerships and investment portfolio optimization.