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.