#siriuspoint

SiriusPoint names head of London US casualty

SiriusPoint has announced the appointment of Phil Woodbridge (pictured above) as head of London US casualty, effective Sept. 5. In his new role, Woodbridge will focus on growing the company’s US casualty treaty book. He will be based in London and will report to Nick Pascall, head of London and international casualty. Woodbridge has more than 25 years of experience in US casualty markets. He…

SiriusPoint financial results take a hit in Q2 and H1

SiriusPoint’s financial report card is looking a little red, with the global insurer and reinsurer suffering losses in the second quarter and first half of 2022. According to SiriusPoint, its Q2 net loss available to common shareholders amounted to $61 million; in H1, a whopping $278 million. In the same periods in 2021, the corresponding sums were $65 million and $233 million, respectively, in…

SiriusPoint loses millions in Q2 and H1

SiriusPoint’s financial report card is looking a little red, with the global insurer and reinsurer suffering losses in the second quarter and first half of 2022. According to SiriusPoint, its Q2 net loss available to common shareholders amounted to US$61 million; in H1, a whopping US$278 million. In the same periods in 2021, the corresponding sums were US$65 million and US$233 million,…

SiriusPoint shares latest leadership exit – internal hires named

Chief operating officer and insurance & services president Prashanth Gangu has resigned from global insurer and reinsurer SiriusPoint, less than a month after the shock exit of former chief executive Siddhartha Sankaran. “On behalf of the SiriusPoint team, I would like to thank Prashanth for his contributions to our company and wish him well in his future endeavors,” said interim CEO Daniel…

SiriusPoint confirms latest leadership departure – internal hires named

Chief operating officer and insurance & services president Prashanth Gangu has resigned from global insurer and reinsurer SiriusPoint, less than a month after the shock exit of former chief executive Siddhartha Sankaran. “On behalf of the SiriusPoint team, I would like to thank Prashanth for his contributions to our company and wish him well in his future endeavours,” said interim CEO Daniel…

SiriusPoint outlines CEO and chair resignation

Malloy was chief executive of Third Point Re prior to the reinsurer’s merger with multi-line (re)insurer Sirius International Insurance Group in 2021. He stayed on as SiriusPoint’s global distribution president until his employment ended on April 01 this year. Now that he’s back as interim chief, Malloy will be paid an annual base salary of US$850,000, with a minimum salary of US$425,000 if his…