Specialty Insurer and Reinsurer SiriusPoint Launches with Over $3bn in Capital.
| Date | 08 March 2021 |
SiriusPoint Ltd. (NYSE: SPNT) ("SiriusPoint" or the "Company"), 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. (NYSE: TPRE) ("Third Point Re"), a specialty reinsurer, and Sirius International Insurance Group, Ltd. (Nasdaq: SG) ("Sirius Group"), a global multi-line insurer and reinsurer. 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...
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