SiriusPoint reclaims ‘stable’ outlook with first underwriting profit and turnaround

Global specialty re/insurer  SiriusPoint has regained its ‘stable’ ratings outlook from S&P Global following its return to underwriting profitability for the first time in the group's history since its 2020 merger. The improved rating is also a nod to a sequence of strategic moves, including a shake-up of the leadership team and a reorganisation of its business operations.