SiriusPoint Ltd. (NYSE:SPNT) Given Average Rating of "Moderate Buy" by Brokerages
SiriusPoint Ltd. (NYSE:SPNT) has received an average "Moderate Buy" rating from seven research firms, with an average one-year target price of $25.00. Institutional investors, including Federated Hermes, Franklin Resources, and Campbell & CO, hold a significant stake in the company and have recently increased their positions. The stock is currently trading near $20.29, with a market capitalization of $2.37 billion.
(SPNT) Volatility Zones as Tactical Triggers
This article analyzes Siriuspoint Ltd. (NASDAQ: SPNT), noting neutral near and mid-term readings that could moderate a long-term positive bias. It highlights a 30.3:1 risk-reward setup targeting a 9.4% gain versus 0.3% risk, with a mid-channel oscillation pattern in play. The analysis provides specific institutional trading strategies for long, breakout, and short positions, along with multi-timeframe signal analysis.
SiriusPoint Ltd. $SPNT Shares Bought by SG Americas Securities LLC
SG Americas Securities LLC significantly increased its stake in SiriusPoint Ltd. (NYSE:SPNT) by 747.4% in the third quarter, acquiring an additional 87,555 shares. Other institutional investors like American Century Companies Inc. and State Street Corp also raised their positions. The article highlights recent analyst ratings, financial performance, and company profile for SiriusPoint.
SiriusPoint partners with ISC to expand its general liability programme
SiriusPoint has formed a strategic partnership with Integrated Specialty Coverages (ISC), a program administrator, to expand ISC's general liability program for small contractors. This collaboration supports SiriusPoint's strategy of working with high-performing MGAs and aims to provide cost-effective insurance solutions while fostering long-term relationships and innovation in the specialty insurance market.
SiriusPoint (NYSE:SPNT) Sets New 52-Week High - What's Next?
SiriusPoint (NYSE:SPNT) recently achieved a new 52-week high of $21.86, trading above its moving averages with a market capitalization of $2.53 billion. Analysts have rated the stock with a "Buy" consensus and a $25.00 target price following strong earnings and revenue beats. Institutional investors have also significantly increased their positions in the company.
Q3 2025 Results on Oct 30 — SiriusPoint to Report After Close, Conference Call Oct 31 at 8:30 AM ET - Stock Titan
SiriusPoint (NYSE: SPNT) will release its third-quarter 2025 financial results after market close on Thursday, October 30, 2025. The company will host a conference call with a Q&A session on Friday, October 31, 2025, at 8:30 AM ET. Investors can access a live webcast and replay instructions through the Investor Relations section of SiriusPoint's website.
Markets/Coverages: Volvo Launches Independent Agency; Arden's Wildfire Program Backed by SiriusPoint
Volvo has launched an independent insurance agency, Volvo Car Insurance Services, offering automotive, home, and umbrella insurance, initially in three states with plans for rapid expansion. Concurrently, specialty re/insurer SiriusPoint is backing Arden Insurance Services' new Consolidated Fire Insurance Policy (CFIP) program, which includes parametric coverage for wildfire risks, specifically targeting multi-family habitation risks in California and other western states that have been underserved by traditional insurance markets. This initiative provides crucial coverage in fire-prone regions, highlighting innovative solutions in the insurance industry.
Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer
Dan Loeb's Third Point has successfully secured shareholder approval to transform its UK investment trust into a life and annuity reinsurance company, Malibu Life Reinsurance. This move faced opposition from some investors and proxy advisors but ultimately passed, allowing the London-listed fund to pivot its strategy and expand into the reinsurance market, mimicking similar moves by other alternative asset managers. The decision marks a significant shift for the British investment trust sector, which has seen considerable changes in recent years.
SiriusPoint names new International CUO
SiriusPoint Ltd has appointed Eleanor Gibson as its new international chief underwriting officer, effective May 6. Ms. Gibson joins from AIG, where she led global commercial underwriting in credit lines, and will report to Rob Gibbs and Anthony Shapella. Her appointment is part of a broader strengthening of SiriusPoint's underwriting capabilities, following the announcement of James Anderson as global chief pricing actuary.
AM Best upgrades outlook to ‘positive’ for SiriusPoint
AM Best has upgraded its outlook to ‘positive’ for SiriusPoint and its subsidiaries, affirming their financial strength rating of ‘A-’ (Excellent) and long-term issuer credit ratings of ‘a-’ (Excellent). This revision reflects improvements in SiriusPoint’s balance sheet, including derisking its investment portfolio, reduced catastrophe exposure, and share buybacks. The company achieved positive underwriting results in 2023 and 2024, reporting a pre-tax profit of US$233 million in 2024, and is expected to maintain strong risk-adjusted capitalization.
AM Best Affirms Credit Ratings Of SiriusPoint
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of 'a-' (Excellent) for SiriusPoint's rated operating subsidiaries, while also affirming the Long-Term ICR of 'bbb-' (Good) for SiriusPoint. The outlook for the rated operating subsidiaries has been revised from Stable to Positive. This revision reflects SiriusPoint's improved balance sheet strength due to management actions such as de-risking its investment portfolio, reducing catastrophe exposure, and conducting recent share buy-backs.
SiriusPoint Announces Date for Fourth Quarter 2025 Earnings Release
SiriusPoint Ltd. (NYSE: SPNT) announced its plan to release fourth-quarter 2025 financial results after market close on Wednesday, February 18, 2026. The company will host a conference call on Thursday, February 19, 2026, at 8:30 am (Eastern Time) to discuss these results. A webcast of the call will be available on SiriusPoint's Investor Relations website, with a replay accessible until March 5, 2026.
SiriusPoint backs new excess liability program with Balance Partners
SiriusPoint has partnered with Balance Partners to launch Vertical, a new excess construction liability program offering up to US$5 million in coverage for New York-area contractors. The program aims to address critical gaps in specialized coverage for trades like electricians and plumbers, serving a strong demand for alternative capacity in the broker market. The construction industry faces evolving risks including liability, environmental compliance, cyber threats, and a dwindling skilled labor pool.
SiriusPoint steps into construction insurance gap
SiriusPoint has partnered with Balance Partners to launch Vertical, a new excess construction liability program. This initiative aims to address a market gap in insurance for New York tradespeople following a post-Covid-19 construction boom in the US. The program will underwrite lead and following excess layers of up to $5 million, covering various trades like electricians, plumbers, and HVAC service providers.
SiriusPoint partners with Holmes Murphy’s IPS to launch umbrella excess insurance
Bermuda-based insurer and reinsurer SiriusPoint has partnered with Holmes Murphy and its MGA, Innovative Program Solutions (IPS), to introduce a new umbrella excess insurance product. This product is designed exclusively for captives managed by Holmes Murphy and its subsidiaries, with SiriusPoint acting as the carrier partner for non-admitted lines. The collaboration aims to address the growing need for clients to manage risk exposure and continuously increasing costs in the captive insurance market.
Fitch Upgrades SiriusPoint’s Outlook To Positive
Fitch Ratings has affirmed SiriusPoint's ratings and upgraded its Outlook to Positive, citing strong underwriting and financial performance. This Positive Outlook reflects significant profitability improvement in 2024 and 2023 due to a restructured re/insurance portfolio and the exit of non-core lines. SiriusPoint CEO Scott Egan noted this upgrade follows nine consecutive quarters of strong operating performance, validating the company's strategic repositioning and strengthening of its capital structure.
Fitch ratings revises outlook on SiriusPoint to positive
Fitch Ratings has revised its outlook on SiriusPoint Ltd to positive from stable, while affirming its long-term issuer default rating at "BBB", senior debt rating at "BBB-", and insurer financial strength rating at "A-" (Strong). This upgrade reflects significant underwriting performance improvements in 2023 and 2024 due to strategic repositioning of its reinsurance portfolio and exiting noncore lines. SiriusPoint's CEO, Scott Egan, stated that this revision validates the company's progress in repositioning its business and strengthening its capital structure over nine consecutive quarters of strong operating performance.
SiriusPoint sets secondary offering price of $14 per share
SiriusPoint Ltd, a Bermudian-headquartered insurer and reinsurer, announced the pricing of a secondary offering of 4,106,631 common shares at $14 per share by entities associated with Daniel S. Loeb, a board member. The company itself agreed to repurchase 500,000 of these shares. Following the offering and a separate repurchase from CM Bermuda, Loeb's entities are expected to own approximately 9.54% of SiriusPoint's common shares.
James Anderson to take on global role at SiriusPoint
SiriusPoint Ltd, a Bermudian-headquartered global specialty insurer and reinsurer, has appointed James Anderson as its global chief pricing actuary, effective May 12. Based in London, Anderson will lead the global actuarial pricing team, focusing on developing a best-in-class pricing framework and advanced portfolio analytics. This appointment follows the recent addition of Helen Cahill to the London office, further strengthening SiriusPoint's actuarial leadership.
SiriusPoint reports $183.9m net income in 2024 fiscal year
SiriusPoint Ltd. reported a net income of $183.9 million for the 2024 fiscal year, despite a net loss of $21.3 million in the fourth quarter due to significant repositioning efforts. The Bermudian-headquartered insurer and reinsurer achieved core income of $244.6 million and an underlying return on equity of 14.6 per cent, meeting its target range. The company's CEO, Scott Egan, highlighted significant improvements in underwriting and the return of over $1 billion to investors, signaling the end of its reshaping phase and a focus on future growth.
Enstar completes $400 million loss portfolio transfer with SiriusPoint
Enstar Group has finalized a $400 million loss portfolio transfer with SiriusPoint, reinsuring workers' compensation business from 2018-2023 and assuming claims management. This deal follows Enstar's announcement of a definitive merger agreement with investment firm Sixth Street, valuing Enstar at $5.1 billion. The merger will see Enstar shareholders receive $338.00 in cash per ordinary share.
SiriusPoint teams up with Gigasure to offer tailored travel insurance
Global specialty re/insurer SiriusPoint Ltd has partnered with insurtech startup Gigasure to offer personalized travel insurance policies. SiriusPoint will underwrite Gigasure's policies, while its subsidiary International Medical Group, Inc (IMG) will handle claims. This collaboration aims to provide travelers with customizable coverage options and real-time claims support for travel disruptions.
SiriusPoint delivers Q2 net income of $109.9m
SiriusPoint Ltd. reported a net income of $109.9 million for the second quarter, available to common shareholders, demonstrating continued strong performance. The Bermudian-headquartered insurer achieved core income of $46 million, with an underwriting income of $36.9 million and a core combined ratio of 93.3 per cent. CEO Scott Egan highlighted this as their seventh consecutive quarter of positive underwriting income, with significant growth in premiums for continuing lines of business.
SiriusPoint hires Gonzalez from AXIS as Global Head of Ceded Reinsurance
SiriusPoint Ltd. has appointed Inmaculada Gonzalez as its new Global Head of Ceded Reinsurance, effective August 19th, 2024. Gonzalez previously served as Deputy Global Head of Ceded Reinsurance at AXIS Capital and brings extensive experience from roles at Marsh, QBE, and AIG. She will be responsible for executing SiriusPoint’s global ceded reinsurance strategy and managing its ceded team, succeeding Habib Kattan.
Susan Cross joins board of Bermuda’s SiriusPoint Ltd
SiriusPoint Ltd, a Bermudian-headquartered global specialty insurer and reinsurer, has appointed Susan Cross to its board of directors, increasing the board to ten members. Ms. Cross brings over 40 years of experience in the insurance and reinsurance industry, focusing on actuarial and analytical functions. She also serves as a non-executive director at Unum Group and has held various board positions previously, including with Enstar Group Ltd and XL Group.
AM Best Affirms Excellent Ratings For SiriusPoint
AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of "a-" [Excellent] for SiriusPoint Ltd.'s operating subsidiaries, along with the Long-Term ICR of "bbb-" [Good] for SiriusPoint itself. These ratings reflect SiriusPoint's very strong balance sheet strength, adequate operating performance, neutral business profile, and appropriate enterprise risk management, with a stable outlook. The company showed significant improvements in 2023, including a profitable underwriting result and robust pre-tax profit due to de-risking and strategic business rebalancing.
SiriusPoint hires Christopher Larson as Global Head of Casualty
SiriusPoint Ltd., a global specialty re/insurer, has announced several key leadership appointments, including Christopher Larson as Global Head of Casualty. David Godlis has been hired as Underwriting Strategy and Analytics Lead, and Ramiz Mohamed will join as Global Head of Exposure Management. These hires are part of SiriusPoint's commitment to attracting top talent and strengthening its underwriting capabilities.
People Moves: Ardonagh Specialty Taps Gallagher Re's Rance as Head of Specialty at Inver Re London; SiriusPoint Bolsters Energy and Marine Offering With 2 Key Hires
This article details recent executive appointments within the insurance industry. Ardonagh Specialty's Inver Re has appointed Steven Rance as the new head of Specialty London, enhancing its reinsurance broking capabilities. Additionally, SiriusPoint has strengthened its energy and marine offerings with the hires of Chris Fenn as Head of Marine, London, and John Hopper as Head of Energy, reinforcing their strategic growth in these key business lines.
SiriusPoint taps former Guy Carpenter exec as next CFO
People Moves: Gallagher Promotes Raven to CEO of Energy Team; SiriusPoint Names Heerasing Active U/W of Lloyd's Syndicate; WTW Hires 3 Execs for Natural Resources
This article details several significant personnel changes in the insurance industry. Gallagher has promoted Julian Raven to CEO of its energy practice, SiriusPoint named Bobby Heerasing as active underwriter of Lloyd's Syndicate 1945, and WTW appointed three executives to its natural resources business: Andrew Brunero, Will Fremlin-Key, and Ahmed Abdel-Gawad. These moves highlight strategic leadership enhancements across these major insurance and reinsurance firms.
SiriusPoint joins with MGA to reinvent workers’ comp
Global specialty insurer SiriusPoint Ltd has partnered with Insurate Inc., a new managing general agent (MGA), to transform workers’ compensation insurance for small and mid-sized American industrial businesses. Insurate uses data analytics to identify safer companies in high-hazard industries and offer them more affordable premiums, with SiriusPoint providing capacity and collaborating on new product development. This partnership aims to address the underserved high-hazard workers' compensation market through a data-driven approach.
SiriusPoint announces new CEO Scott Egan
SiriusPoint Ltd has appointed Scott Egan as its new chief executive officer, effective September 21, 2022. Egan brings over 25 years of insurance industry experience, previously serving as CEO of Royal Sun Alliance (RSA) UK & International. He replaces interim CEO Daniel Malloy, and the board believes his leadership qualities and experience are well-suited to drive SiriusPoint's transformation and growth.
SiriusPoint Announces Appointments to Executive Leadership Team and Insurance & Services Segment
SiriusPoint Ltd. has announced two internal appointments to its Executive Leadership Team (ELT): Patrick Charles as Global Head of Property and Casualty (P&C) Insurance & Services, and Darryl Siry as Chief Technology Officer. These appointments aim to strengthen the company's Insurance & Services segment and strategic partnerships, following the resignation of Prashanth Gangu. Both Charles and Siry have extensive experience and will report directly to CEO Dan Malloy.
SIRIUSPOINT ANNOUNCES CHAIRMAN AND CEO SANKARAN TO RESIGN FROM C
SiriusPoint Ltd. (NYSE: SPNT) announced the resignation of Chairman and CEO Siddhartha (Sid) Sankaran. Daniel Malloy has been appointed Interim Chief Executive Officer and Sharon Ludlow as Interim Chair of the Board. Sankaran will assist with the transition, and the company will begin a search for a permanent successor.
Executives on the Move at Zurich, SiriusPoint, Acrisure, Canopius
This article details several executive appointments and a retirement across prominent insurance and re/insurance companies. Zurich Insurance Group, SiriusPoint Ltd., and Acrisure all announced new leadership roles, while Canopius Group announced the upcoming retirement of its Group Chief Underwriting Officer.
SiriusPoint Ltd Appoints Ari Chester
SiriusPoint Ltd. has appointed Ari Chester as Head of US and Canada Reinsurance. Chester previously served as Chief Operating Officer, Americas Reinsurance at SiriusPoint and replaces the retiring Warren Trace. His responsibilities will include managing US and Canadian business across Property Treaty, Casualty Treaty, and other specialist lines.
SiriusPoint promotes Ari Chester as Warren Trace retires
SiriusPoint has promoted Ari Chester to Head of US and Canada Reinsurance, succeeding Warren Trace who is retiring after 38 years. Chester, previously COO, Americas Reinsurance, will oversee US and Canadian business across property treaty, casualty treaty, and other specialty lines. The company recognizes Trace's significant contributions and leadership during his long tenure.
SiriusPoint announces Andreas Kull as its new Chief Risk Officer
SiriusPoint Ltd., a specialty insurer and reinsurer, has appointed Andreas Kull as its new Chief Risk Officer (CRO) starting March 1st, 2022. Kull will oversee enterprise-wide risk management strategy and report to CEO Sid Sankaran. He brings extensive industry experience from previous CRO roles at Bernina Re, Tokio Millennium Re AG, and AXA Winterthur.
SiriusPoint hires Kull as Chief Risk Officer from Bernina Re
SiriusPoint, the international insurance and reinsurance company, has appointed Andreas Kull as its new Chief Risk Officer, effective March 1st, 2022. Kull joins from Bernina Re, where he was also Chief Risk Officer, and brings extensive experience from previous roles at Tokio Millennium Re, AXA Winterthur, Ernst & Young, Converium, and Zurich Insurance. He will be based in Zurich and report to CEO Sid Sankaran, overseeing the company's enterprise-wide risk management strategy and contributing to its transformational growth.
Compre Completes Acquisition of SiriusPoint’s Legacy Liability Portfolio
Compre, a London-based specialist legacy group, has completed its acquisition of a US$417 million legacy liability portfolio from SiriusPoint Ltd., following regulatory approvals. The transaction, structured as a loss portfolio transfer, was underwritten by Compre’s Bermudian reinsurer, Pallas Reinsurance Co. Ltd., and comprises asbestos, environmental, and workers’ compensation liabilities. This acquisition marks a significant milestone for Compre in expanding its presence in the U.S. market and showcasing its growing capabilities.
SiriusPoint Ltd Appoints Bobby Heerasing
SiriusPoint Ltd. has appointed Bobby Heerasing to the newly created role of Head of International Strategic Business Development. He will be responsible for the strategy and development of SiriusPoint International’s growth objectives, managing strategic partnerships, and advancing the company's market-leading position. Heerasing brings over 25 years of experience, previously serving as Group CEO of Asia Capital Re Holdings.
SiriusPoint appoints senior underwriter
SiriusPoint has appointed Pierre Favre as a senior underwriter, based in Zurich, reporting to Bernard Hoge. Favre brings 25 years of experience in the trade credit and surety reinsurance market, having previously worked at Swiss Re and Aspen Re. Monica Cramér Manhem, SiriusPoint president of international reinsurance, highlighted the appointment as a continuation of attracting high-calibre talent and investing in the credit, bond, and political risk portfolio.
Joyn Insurance partners with SiriusPoint Ltd
Joyn Insurance, an insurance technology company, has announced a strategic partnership and investment from Bermuda-based SiriusPoint Ltd. This collaboration aims to revolutionize small and mid-market American commercial insurance through digital technology, data analytics, and automation. SiriusPoint will act as a founding investor, providing insurance capacity and strategic direction to Joyn, which will initially operate as a managing general agency focusing on the underserved US small and mid-size enterprises market.
SiriusPoint CVRs qualified to trade
SiriusPoint Ltd announced that its contingent value rights (CVRs) have qualified to trade on the OTCQX Best Market under the symbol SSPCF. These CVRs were issued to investors of Sirius International Insurance Group and non-electing holders during the merger with Third Point Reinsurance Ltd. Trading commenced on June 10, 2021, providing US investors access to financial disclosures and real-time Level 2 quotes.
Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital
SiriusPoint Ltd., a new Bermuda-based international specialty insurance and reinsurance company, has officially launched with over $3 billion in initial capital. The company was formed through the merger of Third Point Reinsurance Ltd. and Sirius International Insurance Group Ltd., aiming to be a disruptive force in the industry with a global platform and a focus on profitability and innovation. SiriusPoint will offer a broad range of insurance and reinsurance solutions across nearly 150 countries.
Shareholders approve Third Point Re-Sirius merger
Shareholders of Bermudian reinsurers Third Point Re and Sirius Group have approved their planned merger, moving closer to creating a new $3.3 billion reinsurer named SiriusPoint. The merger, initially announced in August, is expected to close in the first quarter of 2021. Shareholders approved most proposals, including the issuance of common shares and bylaws amendments, with only one bylaw amendment failing to meet the required threshold, which will not impact the merger or business operations.
Third Point Re appoints Junius
Third Point Reinsurance Ltd has appointed David Junius as chief operating officer, effective tomorrow. Following the anticipated merger with Sirius International Insurance Group Ltd., Mr. Junius will become chief financial officer of the renamed SiriusPoint Ltd. Sid Sankaran, chairman of Third Point Re, expressed enthusiasm for Junius's role in improving profitability and value for shareholders after the merger.
Third Point Re and Sirius Group Agree to Merger in Deal Worth $788M
Third Point Re and Sirius Group have announced a definitive agreement to merge in a cash and stock transaction valued at $788 million, forming a new company named SiriusPoint Ltd. The new entity will be based in Bermuda and will have approximately $3.3 billion of tangible capital, aiming to strengthen reinsurance operations and expand into higher risk-adjusted return lines of business. The transaction, expected to close in Q1 2021, will see Third Point Re acquire Sirius from its parent, China Minsheng Investment Group (CMIG), and involves leadership changes with Siddhartha (Sid) Sankaran becoming chairman and CEO of SiriusPoint.
Third Point Re & Sirius Group to combine in $788mn transaction
Third Point Re and Sirius Group have announced a definitive agreement to combine in a cash and stock transaction valued at approximately $788 million. The new entity, to be renamed SiriusPoint Ltd., will establish a global company with $3.3 billion of tangible capital, aiming to leverage current market opportunities and enhance underwriting profitability. Siddhartha Sankaran will lead SiriusPoint as Chairman and CEO, with Daniel Loeb highlighting the strategic benefits of diversifying insurance lines and investment strategies.
SiriusPoint emerges from $788m Third Point-Sirius deal; Sankaran takes reins
Third Point Re and Sirius International Insurance Group have merged in a $788 million deal, creating SiriusPoint, a new $3.3 billion company. Siddhartha (Sid) Sankaran will lead SiriusPoint as chairman and chief executive. The merger aims to enhance scale, diversify business lines, and improve financial performance for both entities, with an expectation of being accretive to earnings per share and return on equity in the first year.
