Sirius International Group

SiriusPoint Ltd. has launched as a new international specialty insurance and reinsurance company today, starting with over $3 billion of capital.

More of the executive leadership of SiriusPoint, the new international insurance and reinsurance firm that will be launched out of the coming together of Third Point Re and Sirius Group, has now been revealed by the company.

SiriusPoint, the new international insurance and reinsurance firm that will be launched out of the coming together of Third Point Re and Sirius Group, is planning for its retrocession program to be “sidecar-like”, the company said.

SiriusPoint, the new Class of 2020 international insurance and reinsurance firm being launched out of the coming together of Third Point Re and Sirius Group, sees ILS as “an option to consider” in terms of its capital use, CEO Sid Sankaran told us in an interview.

Global insurance and reinsurance group SiriusPoint will be formed after Third Point Re and Sirius Group reached agreement to combine in a cash and stock transaction.

Sirius Capital Markets LLC, the ILS and third-party reinsurance capital asset management arm of White Mountains Insurance Group, Ltd., is no longer raising third party capital for its first ILS fund and instead switching its focus to accessing third party capital through strategic partnerships such as pro rata facilities.

Sirius Capital Markets LLC, the newly formed insurance-linked securities (ILS) and third-party reinsurance capital asset management arm of White Mountains Insurance Group, Ltd., is preparing to launch its first ILS fund later this year and to raise capital from external investors.

Sirius International Group, Ltd., the Bermuda based reinsurance arm of the White Mountains Insurance Group, Ltd., is the latest reinsurer to announce the launch of an initiative seeking to capitalise on the convergence of reinsurance and capital markets. Sirius Group has formed a dedicated ILS team which will lead a strategic initiative in the insurance […]