SiriusPoint
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Maddi Morris will be responsible for overseeing the growth and refinement of the insurer’s marine and energy liability account. -
Former CEO Monica Cramér Manhem is to retire after 38 years with the business and its predecessor.
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The transaction would have involved a partnership with Mosaic and a managing agent sale.
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The impact of Ian losses on SiriusPoint’s total equity was ~3.5%, lower than RenRe and Everest, and in line with Axis.
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SiriusPoint International CEO Monica Cramér Manhem has decided to retire from the business.
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The executive will report directly to SiriusPoint CEO Scott Egan, who joined SiriusPoint from RSA in early September.
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Bobby Heerasing joined SiriusPoint in October 2021 as head of international strategic development before being promoted to UK country manager earlier this year.
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The carrier argued it paid the executive the first installment of a $400,000 retention award in March 2020 and the second half in March 2021.
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The Bermudian will also collaborate with Insurate in developing and underwriting products in the medium- to high-hazard workers’ compensation segment.
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The appointment comes after the sudden departure of previous chief Sid Sankaran in May.
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Phil Wooldridge will be based in London and report to head of London and international casualty Nick Pascall.
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The executive reiterated SiriusPoint’s intentions to continue with strategic partnerships, pointing to the firm’s “robust pipeline of deal activity”.
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