HAMILTON, Bermuda, Oct. 12, 2022 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a worldwide specialty insurer and reinsurer, has introduced the appointment of Steve Yendall as Chief Financial Officer, efficient October 31, 2022.
Steve, who brings twenty-five years of re/insurance business expertise to SiriusPoint, will report back to Chief Executive Officer, Scott Egan, as a member of SiriusPoint’s Executive Leadership Team.
Scott Egan commented: “Steve has an accomplished financial background with considerable experience in the Property & Casualty insurance industry. He also has a strong track record of leading successful transformational change – he will be an invaluable asset to SiriusPoint as we execute on our short-term priorities and longer-term strategic objectives. I am delighted to welcome Steve to SiriusPoint and look forward to working with him again.”
Steve was most not too long ago Managing Director at Guy Carpenter, Canada and North America. Prior to that, Steve was CFO and COO at RSA Canada Group, the place he additionally served as a member of RSA Canada Group of Companies Board of Directors, and RSA Insurance Agency Inc. (RSAIA) Board of Directors. Steve has held quite a few monetary, operational and insurance advisory roles over his profession at firms together with RSA Canada Group, Ernst & Young, and Accenture.
Steve replaces present SiriusPoint CFO David Junius, who has resigned to pursue different alternatives. Scott Egan mentioned: “On behalf of the SiriusPoint team, I would like to thank David Junius for his contribution to our Company and wish him well in his future endeavours.”
About SiriusPoint
SiriusPoint is a worldwide insurer and reinsurer offering options to purchasers and brokers in virtually 150 international locations. Bermuda-headquartered with places of work in New York, London, Stockholm and different areas all over the world, we’re listed on the New York Stock Exchange (SPNT). We have licenses to write down Property & Casualty and Accident & Health insurance and reinsurance globally. Our providing and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and technology-driven insurance companies firms inside our Insurance & Services division. With over $3 billion whole capital, SiriusPoint’s working firms have a monetary power ranking of A- (Excellent) from AM Best, S&P and Fitch. For extra data, please go to www.siriuspt.com.
Contacts
Investor Relations
Clare Kerrigan, SiriusPoint
[email protected]
+44 7970695959
Media
Sarah Hills, Rein4ce
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+44 7718882011
Forward-Looking Statements
We make statements on this report which might be forward-looking statements inside the that means of the U.S. federal securities legal guidelines. We intend these forward-looking statements to be coated by the secure harbor provisions for forward-looking statements within the U.S. Federal securities legal guidelines. These statements contain dangers and uncertainties that might trigger precise outcomes to vary materially from these contained in forward-looking statements made on behalf of SiriusPoint. SiriusPoint can also be topic to dangers and uncertainties in reference to its bizarre course business, together with the influence of common financial circumstances and circumstances affecting the insurance and reinsurance business, the adequacy of our reserves, fluctuation within the outcomes of operations; pandemic or different catastrophic occasion, such as the continuing COVID-19 outbreak; uncertainty of success in investing in early-stage firms, such as the danger of lack of an preliminary funding, extremely variable returns on investments, delay in receiving return on funding and problem in liquidating the funding; the prices, expense and difficulties of the mixing of the operations of Third Point Reinsurance Ltd. and Sirius International Insurance Group, Ltd.; our potential to evaluate underwriting threat, tendencies in charges for property and casualty insurance and reinsurance, competitors, funding market and funding revenue fluctuations, tendencies in insured and paid losses, regulatory and authorized uncertainties and different threat elements described in SiriusPoint’s Annual Report on Form 10-Ok for the interval ended December 31, 2021. Except as required by relevant regulation or regulation, we disclaim any obligation to publicly replace or revise any forward-looking assertion to mirror modifications in underlying assumptions or elements, or new data, knowledge or strategies, future occasions or different circumstances after the date of this report.
