SiriusPoint
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A round-up of all the news you need today, including the departure of the heads of FL and PI at Westfield. -
Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan.
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She has also been a director of Enstar Group since October 2020.
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Steve Yendall is stepping down after 18 months as SiriusPoint CFO.
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This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
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The legacy deal comes one year after a $1.3bn LPT with Compre covering several lines.
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Sources said the Bermuda carrier has been working with Jefferies on the sale.
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Larson and Godlis will be based in New York and Mohamed will be based in London.
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Instead, the firm’s core segments reported $13.5mn in full-year cat losses.
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The carrier will prioritise underwriting profits over growth in 2024.
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Consolidated underwriting income shrank 36.6% YoY to $36.7mn.
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The agreement will cover onshore windfarms, primarily in Sweden.
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