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The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change. -
Anthony Grew joins SiriusPoint after four years with Allied World.
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Plus the latest people moves and all the top news of the week.
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The business is majority-owned by Castik Capital.
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The team is led by industry veteran John Lentaigne.
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The broker will be based in Oslo and drive expansion in the Nordic region.
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The only major product line to see rate increases was casualty.
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The board of directors was unanimous in its decision.
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The carrier announced a major writedown in its L&H book last year.
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Insolvencies caused by the tariffs could also cause increased losses
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The business will divide into US wholesale and specialty, and programmes and solutions.
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The underwriter is to run a new fine art and specie operation.
