SiriusPoint’s Heerasing on growth strategy and the importance of Asia

In a wide-ranging interview, the executive discussed the changing focus of the SiriusPoint strategy, investing in innovation and the company’s future expansion plans.

When SiriusPoint completed the merger of two Bermudian juggernauts earlier this year the industry was preparing for what would be one of the worst years of catastrophes on record.

And coming amid the chaos wrought by the onset of the COVID-19 pandemic in 2020, the market has taken some hefty blows, with large losses across a range of segments prompting calls for significant rate increases at 1.1 to move forward on a more realistic financial footing.

Bobby Heerasing, head of international strategic business development at SiriusPoint, has plenty of experience dealing with crises across his 25+ years in the industry, and he joined the company after a period away from the market.