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SiriusPoint Launches With Over $3B In Capital
March 1, 2021
SiriusPoint Ltd., an international specialty insurance and reinsurance company, has launched with over $3 billion in initial capital.
“The Bermuda-based Company has been formed as the result of the previously announced merger between Third Point Reinsurance Ltd., a specialty reinsurer, and Sirius International Insurance Group, Ltd., a global multi-line insurer and reinsurer,” a statement from the company said.
“SiriusPoint’s operating companies have a financial strength rating of A- [Excellent] from AM Best, S&P and Fitch, and are licensed to operate in Bermuda, the U.S., Sweden, the U.K., Belgium, Switzerland, Canada and Singapore.
“The Company has launched 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.”
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