SiriusPoint’s new CEO ‘not complacent’ after it swings to massive 2022 loss

Global specialty re/insurer SiriusPoint swung to a heavy loss in 2022 on the back of catastrophe and investment hit, despite investing the year rejigging its book in order to balance portfolio and reduce underwriting volatility. The company’s CEO Scott Egan, who took over the reins in September last year, claimed “progress” but said he feels “confident but not complacent” moving into 2023.