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Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital

Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital February 26, 2021 SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial capital. The company was created from the merger of specialty reinsurer Third Point Reinsurance Ltd. and Sirius International Insurance Group Ltd., a multi-line insurer and reinsurer. The deal was first announced in August 2020. SiriusPoint has launched as one of the first substantial re/insurers of the Class of 2020, with a robust capital structure, global platform, underwriting talent, and long-standing client and broker relationships already in place, said the company in a statement.

Specialty re/insurer SiriusPoint goes live with over $3bn in capital

Specialty re/insurer SiriusPoint goes live with over $3bn in capital 26-02-2021 More on this story 12-02-2018 SiriusPoint, the company formed through the merger of Bermuda-based specialty reinsurer Third Point Re and multi-line re/insurer Sirius Group, has officially launched with over $3 billion in initial capital. The company described its launch as one of the first substantial re/insurers of the Class of 2020, with a robust capital structure, global platform, underwriting talent, and long-standing client and broker relationships already in place . SiriusPoint’s operating companies have a financial strength rating of A- (excellent) from AM Best, S&P and Fitch, and are licensed to operate in Bermuda, the US, Sweden, the UK, Belgium, Switzerland, Canada and Singapore.

SiriusPoint launches with $3bn of capital

SiriusPoint launches with $3bn of capital
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Specialty Insurer and Reinsurer SiriusPoint Launches with Over $3bn in Capital

Specialty Insurer and Reinsurer SiriusPoint Launches with Over $3bn in Capital
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