SiriusPoint leadership exodus triggers negative rating action, interim CEO reacts

29-06-2022

SiriusPoint leadership exodus triggers negative rating action, interim CEO reacts

Ratings agency S&P Global has placed Bermuda-based global re/insurer SiriusPoint on watch for a potential downgrade following its recent leadership shuffle that saw the departure of top leaders including its chairman, chief executive officer (CEO) and chief operating officer and president of insurance and services. The management has responded to the rating action insisting “significant progress” in the recent quarters in cutting volatility while maintaining a “strong” balance sheet.


SiriusPoint, S&P Global Ratings, Downgrade, Negative, CreditWatch, Specialty, Dan Malloy, Global, Insurance, Reinsurance

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