SiriusPoint Announces Leadership Appointments in Casualty and Global Chief Underwriting Office

HAMILTON, Bermuda. March 4, 2024 - SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced the appointment of three industry leaders in global underwriting. Christopher Larson joins as Global Head of Casualty based in New York, David Godlis has been hired as Underwriting Strategy and Analytics Lead based in New York, and Ramiz Mohamed will join as Global Head of Exposure Management based in London.

Mr. Larson reports to David Govrin, Group President and Chief Underwriting Officer, while Mr. Godlis and Mr. Mohamed report to Anthony Shapella, Deputy Chief Underwriting Officer at SiriusPoint.

Mr. Godlis joined on February 26, 2024, to lead the assessment of underwriting profitability and return on capital, and drive performance management and capital allocation initiatives to shape the firm's global underwriting strategy.

Mr. Larson joined on March 4, 2024 to lead Casualty underwriting and product strategy globally with direct oversight of Casualty Reinsurance. He will work closely with the Company's North America and International teams to execute the casualty product strategy for direct insurance and program business.

Mr. Mohamed will join the Company on April 15, 2024. He will lead the design and execution of all portfolio and exposure risk management and reporting globally. He brings to the role over a decade of experience in insurance and reinsurance portfolio management, pricing, and reserving.

David Govrin, Group President and Chief Underwriting Officer, said: "These appointments demonstrate SiriusPoint's commitment to attracting the industry's best talent. Chris, David and Ramiz are leaders in their areas of expertise, and they will advance our continued progress to becoming a top-performing underwriting company."

Anthony Shapella, Deputy Chief Underwriting Officer, continued: "We are looking forward to strengthening our global Chief Underwriting Office with the appointments of David and Ramiz. Ramiz is an experienced actuary and industry leader in Exposure Management and David is a top-notch performer who brings high quality and rigor to the analysis of our global insurance portfolios. Exposure, portfolio, and capital management are critical to successful underwriting execution, and Ramiz and David's appointments will support our global growth strategy."

Mr. Godlis joins SiriusPoint from Jefferies where he was a member of the Power and Infrastructure investment banking team. Prior to that, he held several roles in risk and portfolio management at AIG.

Mr. Larson joins SiriusPoint from BMS Group where he was a Managing Director and Co-Head of Casualty. Prior to BMS, he spent nearly 25 years at QBE Reinsurance Corporation where he served as a Senior Vice President and Global Head of Casualty Reinsurance. Mr. Larson started his career at AIG in New York as an E&O underwriter.

Mr. Mohamed joins SiriusPoint from Hiscox where he held several roles including Head of Casualty Exposure Management, Head of Underwriting Portfolio Management, and Head of Cyber Pricing. Prior to that, he worked at XL Catlin for five years in various actuarial roles.

SiriusPoint continues to build-out its global team, as it focuses on growth areas within the business. These appointments follow the recent appointments of Chris Fenn as Head of Marine, London, and John Hopper as Head of Energy.

ENDS

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators within our Insurance & Services segment. With over $3.0 billion total capital, SiriusPoint's operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch. For more information, please visit www.siriuspt.com.

Forward-Looking Statements

We make statements in this press release that are forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include, but are not limited to, the impact of general economic conditions and conditions affecting the insurance and reinsurance industry; the adequacy of our reserves; fluctuation in the results of operations; pandemic or other catastrophic event, such as the ongoing COVID-19 outbreak; uncertainty of success in investing in early-stage companies, such as the risk of loss of an initial investment, highly variable returns on investments, delay in receiving return on investment and difficulty in liquidating the investment; the costs, expense and difficulties of the integration of the operations of Third Point Reinsurance Ltd. and Sirius International Insurance Group, Ltd.; our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market and investment income fluctuations; trends in insured and paid losses; regulatory and legal uncertainties; and other risk factors described in SiriusPoint's Annual Report on Form 10-K for the period ended December 31, 2022. Except as required by applicable law or regulation, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other circumstances after the date of this press release.

Contacts

Investor Relations
Dhruv Gahlaut, SiriusPoint
[email protected]
+44 7514 659 918

Media
Sarah Hills, Rein4ce
[email protected]
+44 7718882011