Economic value of SiriusPoint's MGAs ‘significantly’ higher than carrying value: CEO
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Economic value of SiriusPoint's MGAs ‘significantly’ higher than carrying value: CEO

This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.

By Jairo Ibarra
May 01, 2024
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SiriusPoint logo NEW scott egan bermuda 2023.jpg

SiriusPoint CEO Scott Egan reiterated during the company’s Q1 investor presentation this morning that the “actual economic value” of the carrier’s fully consolidated MGA units is “significantly higher than the carrying value of these assets”.

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