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The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change. -
The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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Anthony Grew joins SiriusPoint after four years with Allied World.
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His leadership roles included overseeing the firm’s capital solutions group.
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The commercial risk and reinsurance units delivered mid-single-digit growth.
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A roundup of all the news you need, including Mapfre Q1 results and Aon earnings.
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Plus the latest people moves and all the top news of the week.
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The California wildfires were the only “relevant event” for the period, the carrier said.
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The business is majority-owned by Castik Capital.
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The firm said supply and demand was becoming more in balance than at 1 January renewals.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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Managing director Nick Bacon will also exit this summer.
