SiriusPoint attracts top reinsurance talent for new leadership role

Global specialty re/insurer  SiriusPoint has hired the group chief executive officer (CEO) of  Asia Capital Re in a newly-created leadership role designed to accelerate its growth strategy in the international reinsurance market.

Bobby Heerasing (pictured) will be joining the company’s senior leadership team as head of international strategic business development.

Heerasing has over 25 years’ experience and joins from Asia Capital Re (ACR) Holdings, where he served as Group CEO and was a member of the board. Before ACR, he spent 19 years working in the property treaty and casualty treaty reinsurance market at XL Catlin, serving as underwriting and distribution director, insurance, and prior to that as chief underwriting office, Asia Pacific. He began his insurance career in 1995 at Royal Sun & Alliance as a senior underwriting assistant, marine.

In his new role, Heerasing will be responsible for the strategy and development of SiriusPoint International’s growth objectives, managing strategic partnerships with key industry partners and clients, and helping to advance the company's market position.

He will report to Monica Cramér Manhem, president of international reinsurance at SiriusPoint, and will be based in Singapore, subject to regulatory approval. He will work with the executive and global business leaders to drive SiriusPoint International’s growth and expansion plans, further strengthening SiriusPoint‘s capabilities in general corporate strategy, market intelligence and go-to-market planning and execution in the international space, focusing first on the Asia Pacific region.

“Bobby is a catalyst for growing SiriusPoint’s footprint and reputation in the international reinsurance market, and is an excellent addition to the senior team,” said Sid Sankaran, chief executive officer and chairman of SiriusPoint. “ SiriusPoint’s international platform is a key strength and differentiator for us. With our existing talent, relationships and commitment to delivering for our clients, combined with Bobby’s commercial perspective and impressive track record of success, I am enormously excited about what we can achieve.”

Manhem added: “We are delighted to welcome Bobby to SiriusPoint and to attract a candidate of his caliber. As a driven and creative executive, he brings a wealth of experience and a deep understanding of the international re/insurance world, particularly in Asia. He has a first-class reputation in building successful and profitable underwriting platforms. This appointment further strengthens our focus on value creation and continued commitment to cultivating relationships with our partners.”

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