SiriusPoint Ltd.

07/22/2024 | Press release | Distributed by Public on 07/22/2024 14:15

SiriusPoint Appoints Inmaculada Gonzalez as Global Head of Ceded Reinsurance

HAMILTON, Bermuda. July 22, 2024 - SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced the appointment of Inmaculada Gonzalez as Global Head of Ceded Reinsurance, effective August 19, 2024.

Based in New York, Ms Gonzalez will report to David Govrin, Group President and Chief Underwriting Officer (CUO). She will be responsible for executing SiriusPoint's global ceded reinsurance strategy, as well as coordinating and managing the global ceded team. Ms Gonzalez will succeed Habib Kattan, who will leave SiriusPoint on December 31, 2024, following a period of transition.

Ms Gonzalez has 22 years' experience in the reinsurance industry. She joins from AXIS Capital, where she was Deputy Global Head of Ceded Reinsurance, managing a $5 billion global portfolio. Prior to that, Ms Gonzalez was Senior Reinsurance Officer in the Global Ceded Division of AIG.

"Reinsurance is a core part of SiriusPoint's underwriting and capital management strategy, and we are committed to deepening our relationships with existing and new global reinsurance partners," said Mr. Govrin. "I am delighted to welcome Inmaculada to the team. Her depth of knowledge and strong network of relationships across the industry makes her the ideal person to support SiriusPoint's 'underwriting first' strategy and drive success for years to come."

"We look forward to Inmaculada joining the SiriusPoint team, and thank Habib for his contribution and support as we re-designed the Ceded Reinsurance function at SiriusPoint. We wish him the very best for the future," Mr. Govrin added.

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. 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, and A3 from Moody's. For more information, please visit https://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, 2023. 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
Sarah Singh, SiriusPoint
[email protected]
+1 646 884 4310

Media
Sarah Hills, Rein4ce
[email protected]
+44 7718 882011