SiriusPoint nearly doubles Q2 profit, MGA consolidation paying off

Specialty re/insurer SiriusPoint nearly doubled its second quarter profit by trimming expenses and capitalising on a surge in other revenues. CEO Scott Egan (pictured) highlighted the company's strategic focus on rationalising MGA equity stakes, reducing them to 22 from 36 at the start of 2023, and unlocking significant off-balance sheet value from its consolidated MGAs.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Reinsurance

‘Apples and oranges’: Munich Re challenges alternative capital comparison

16 October 2026 Climate, inflation and cyber risks put reinsurance capacity and expertise to the test.

Reinsurance

Brit Re taps London property treaty chief to lead Bermuda growth

16 October 2026 Plans two further London-to-Bermuda moves to expand casualty treaty, D&F businesses.

Reinsurance

Run-off’s growing influence puts Bermuda at heart of legacy market evolution: AM Best

15 October 2026 The run-off market is emerging as a strategic force in re/insurance, but new capital and transaction structures are raising fresh questions about risk.

Broad AI exclusions a red flag for Marsh, says CEO Doyle

‘Apples and oranges’: Munich Re challenges alternative capital comparison

US P&C growth to slow in 2027 before recovery

Argo index hits 12 quarter low as US property rates drop 13%

Subscribe secures £5m Fortegra capacity to support specialist medical, healthcare

Credeq secures Lloyd’s approval for new credit syndicate

Chubb reshapes global claims leadership with three senior appointments

Brit Re taps London property treaty chief to lead Bermuda growth

SiriusPoint nearly doubles Q2 profit, MGA consolidation paying off

More on this story

Editor's picks

Editor's picks

More articles