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SiriusPoint To Now Operate As Four Business Areas; Integrate Current North America, International Programs Operations Into One Unified Global P&C Programs Division

Benzinga · 03/16 11:33

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SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE: SPNT), a specialty underwriter, has today announced changes to its business structure as part of the next phase of the Company's evolution.

SiriusPoint will now operate through four business areas, including three globally focused P&Ls: Global P&C Programs, Global Reinsurance, Global Accident & Health, and a London Market Specialty division, which includes Lloyd's.

SiriusPoint will combine its existing North America and International Programs businesses into one single Global P&C Programs division, which will be led by Patrick Charles, Global Head of P&C Programs. The new division reflects the Company's commitment to the programs space, further strengthening its offering to clients and distribution partners globally.

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