SiriusPoint closes three offices and cuts staff in major property cat restructure
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SiriusPoint closes three offices and cuts staff in major property cat restructure

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SiriusPoint has announced the closure of its offices in Hamburg, Miami and Singapore as the company reduces the locations from which it writes property catastrophe reinsurance.

In an announcement accompanying its third-quarter results, which featured a $98mn net loss, the carrier said it was restructuring its underwriting platforms, which will result in a headcount reduction at the firm.

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