SiriusPoint
SiriusPoint Ltd. is a Bermuda-headquartered specialty insurance and reinsurer (NYSE: SPNT) underwriting Property & Casualty and Accident & Health risks globally through Lloyd's Syndicate 1945, 80+ MGA partnerships, and its IMG subsidiary serving travelers and assistance services across 34 countries.
- Company typePublic
- Founded2021
- HeadquartersHamilton, Bermuda
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What SiriusPoint does
SiriusPoint Ltd. is a Bermuda-headquartered global specialty insurance and reinsurance company listed on NYSE under ticker SPNT, formed in 2021 through the merger of Sirius Group and Third Point Re. The company underwrites Property & Casualty and Accident & Health risks across multiple specialty lines (Casualty, Marine, Energy, Aviation & Space, Credit, Property, Life, Environmental) through Lloyd's Syndicate 1945 (rooted in an 80+ year heritage), Bermuda-, US-, UK-, and European-paper access, and three core operating subsidiaries including International Medical Group (IMG) for travel insurance and assistance services. Distribution is partnership-led, with more than 80 managing general agent and program administrator relationships globally and over half of premiums flowing through MGA channels, complemented by direct broker relationships for treaty and facultative reinsurance and the IMG direct-to-consumer travel-insurance channel now spanning 34 countries following 2025-2026 acquisitions of Assist America and World Nomads.
Revenue is generated through underwriting premiums (gross written premiums of $3.7B in fiscal year 2025) and an MGA/services fee stream ($42M net services fee income in 2025, with $30M+ projected for 2026 alongside $35M projected EBITDA from IMG). The company holds $3.0+ billion in total capital, achieved A financial strength ratings from AM Best, Fitch, and S&P in 2026 (with A3 from Moody's), and operates a 21.8% debt-to-capital ratio as of Q4 2025 against a target operating ROE band of 12-15% (achieved 16.2% in 2025).
Operationally, SiriusPoint is in active build mode: it restructured into four divisions in 2026 (Global P&C Programs, Global Reinsurance, Global Accident & Health, London Market Specialty), is modernizing bordereaux management and constructing an enterprise data hub, and is deploying AI-assisted underwriting tools and a self-service pricing product (PricePoint) developed with Optalitix. Strategic action in the past 12 months has included the $250M sale of ArmadaCare and $139M sale of Arcadian Risk Capital minority stake to fund shareholder returns and pivot capacity, alongside offensive acquisitions (Assist America, World Nomads) and the launch of the Crisis Solutions platform addressing war, political violence, and terrorism risks.
SiriusPoint firmographics
Firmographics- Name
- SiriusPoint
- Legal name
- SiriusPoint Ltd.
- Website
- https://siriuspt.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- SiriusPoint Ltd. is a Bermuda-headquartered specialty insurance and reinsurer (NYSE: SPNT) underwriting Property & Casualty and Accident & Health risks globally through Lloyd's Syndicate 1945, 80+ MGA partnerships, and its IMG subsidiary serving travelers and assistance services across 34 countries.
- Ownership category
- akta.pro rank
Where SiriusPoint is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Offices7 records
Markets served
SiriusPoint business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: SiriusPoint underwrites primary insurance in multiple sectors including Property & Casualty and Accident & Health, generating premium revenue from direct insurance policies.
- Reinsurance Premiums: Global reinsurance operations writing treaty and facultative reinsurance through North America, Bermuda, and European hubs including Lloyd's Syndicate 1945.
- MGA/Program Services Income: Fee income from managing general agent partnerships and program administration. IMG generated $42M in net services fee income in 2025. For 2026, SiriusPoint projects over $30 million in fee income and $35 million EBITDA from the IMG business.
- Strategic Asset Sales: One-time proceeds from strategic divestitures including sale of ArmadaCorp Capital ($250M), Arcadian Holdings ($139M/$140M), and other MGA investments generating liquidity for the company.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
SiriusPoint product offering
Product offeringCore offering
SiriusPoint is a specialty insurer and reinsurer underwriting Property & Casualty and Accident & Health risks globally through its Bermuda, North American, and European hubs, including Lloyd's Syndicate 1945. The company distributes capacity through three core pillars - direct insurance, treaty and facultative reinsurance, and a leading MGA/program administrator platform with 80+ underwriting partnerships - while subsidiary IMG sells travel insurance and assistance services direct to consumers.
Product overview
SiriusPoint is a specialty insurer and reinsurer offering a broad portfolio of insurance and reinsurance products across multiple lines of business. The company operates through three core divisions: Insurance (primary insurance including Accident & Health, Aviation & Space, Casualty, Credit, Energy, Environmental, and Marine), Reinsurance (including Accident & Health, Aviation & Space, Casualty, Life, Marine & Energy, and Property), and Programs & MGAs (a platform supporting over 80 underwriting partnerships). Key subsidiaries include International Medical Group (IMG) for travel insurance and assistance services. The company leverages Lloyd's Syndicate 1945 for specialty business and provides AI-enabled tools for underwriting and claims assessment. Recent additions include PricePoint (a life reinsurance pricing tool) and the Crisis Solutions platform (war, political violence, and terrorism risks).
Differentiator
Problem solved
Functional benefit
Brands
- PricePoint: A self-service web-based pricing tool for group term life business developed in partnership with Optalitix
- Alstead Re
- Crisis Solutions
Products and services
- Accident & Health Insurance Flexible A&H insurance products including blanket accident medical, personal accident, disability, employer medical stop-loss, gap medical, international medical (travel medical), trip cancellation, student accident, and group voluntary products for employer groups, associations, and niche markets.
- Aviation & Space Insurance High-quality underwriting expertise providing coverage for international airlines, airports, general aviation aircraft, and satellites, written exclusively from the Zurich office.
- Casualty Insurance Distribution through broker partners and program administrators covering commercial auto, directors & officers, general liability, medical malpractice, and professional liability/E&O.
- Credit Insurance & Reinsurance Worldwide credit (re)insurance coverages including proportional and excess, treaty and facultative, covering trade credit, surety, political risk, financial credit, mortgage insurance, asset-based lending, and residual value.
- Energy Insurance Global onshore and offshore energy coverage including control of well, energy liability, Gulf of Mexico windstorm, loss of production income, offshore construction, operational power generation, property damage, and renewable energy (wind, solar, Bess, tidal, geothermal).
- Environmental Insurance Environmental insurance coverage through partnership with Distinguished Programs, written on SiriusPoint paper per the program agreement.
- Marine Insurance Marine coverage including cargo, fine art & specie, marine liability, ports & terminals, hull, IV and war, written across global platforms including London and Lloyd's Syndicate 1945.
- Accident & Health Reinsurance Lead reinsurer providing accident and health programs covering health, life, disability, personal accident, and travel accounts with full range of covers including proportional, non-proportional, stop loss, per person excess, and retrocession.
- Aviation & Space Reinsurance Reinsurance coverage for airlines, airports, general aviation aircraft, and satellites with almost 100 years of collective experience, offering facultative and proportional/non-proportional treaty reinsurance.
- Casualty Reinsurance Reinsurance for specialty casualty insurers covering auto liability, casualty clash, umbrella liability, and workers' compensation, writing on Lloyd's Syndicate 1945 and SiriusPoint America Insurance Corporation paper.
- Life Reinsurance Specialist life reinsurance covering short-term mortality, disability, and critical illness, with proportional (group life, credit life) and non-proportional (CatXL, per risk XL, stop loss) covers, plus partnership with MGAs for product innovation.
- Marine & Energy Reinsurance International marine reinsurance from Stockholm office covering hull and machinery, loss of hire, increased value, building risk, cargo, yacht and pleasure boat, and protection and indemnity.
- Property Reinsurance Property catastrophe protection and worldwide natural perils coverage for residential, commercial, and industrial risks in the US, Europe, and Asia, supported by bespoke catastrophe modeling.
- Programs & MGAs Platform Leading carrier platform for program administrators and managing general agents, offering primary insurance capacity (admitted, non-admitted, and international) with over 80 underwriting partnerships covering property and casualty lines including professional liability, workers' compensation, commercial auto, and specialty lines.
- Crisis Solutions New class of business within London Market Specialty division focusing on war, political violence, and terrorism risks, written through Lloyd's Syndicate 1945. Launched 2026-05 with joint Heads Paul Beattie and Ed Winter.
- International Medical Group (IMG) Travel Insurance & Assistance SiriusPoint's wholly owned subsidiary and leader in global insurance benefits and assistance services, offering travel insurance (including iTravelInsured Choice with add-ons and specialized cruise plans), international medical insurance, and lifestyle coverage across 34 countries.
- Alstead Re Class 3 Segregated Cell Captive providing cost-efficient captive solution supporting capital accumulation and risk participation for A&H partners.
- PricePoint Self-service web-based pricing tool for group term life reinsurance business developed in partnership with Optalitix, providing faster turnaround, greater oversight, and enhanced analytics for pricing decisions.
- Lloyd's Syndicate 1945 Lloyd's platform for specialty business including the Crisis Solutions class of business covering war, political violence, and terrorism risks, part of the London Market Specialty division.
Quantifiable outcome
- 16.2% operating ROE in 2025, exceeding 12-15% target range for third consecutive year
- +4 more outcomes
Companies that use SiriusPoint
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
SiriusPoint technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature4 records
SiriusPoint partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- SteadilycorePartnership with US-based landlord insurance specialist MGA operating across all 50 US states. Steadily has reported more than $250 million in annualized gross written premium and was valued at $355 million following a $30 million Series C funding round.
- World Nomads (from nib Group)coreIMG acquiring global travel insurance and lifestyle brand with approximately $40 million in gross written premium. Transaction expands IMG's distribution to include Australia, Brazil, and Canada, bringing presence to 34 countries across six continents. Subject to regulatory approvals, expected to close Q2-Q3 2026.
- FASE (Fédération des Agences de Souscription Européennes)minorMembership in pan-European federation for managing general agents founded in 2025. Partnership aims to support growth in the European MGA market through shared forum connecting MGAs with insurers, reinsurers, distributors, investors, and service providers.
- Integrated Specialty Coverages (ISC)coreStrategic partnership with ISC, a multi-line program administrator, to provide underwriting capacity for ISC's wholesale and exclusive insurance programs targeting small contractors such as landscapers and roofers. Partnership focuses on ISC's flagship general liability program.
- Assist AmericacoreIMG subsidiary acquiring Assist America, a New Jersey-based emergency travel assistance provider, to significantly enhance IMG's income, expand geographic footprint, and improve position in assistance services market. Deal expected to be accretive to return on equity and EPS.
- Arden Insurance ServicescorePartnership with leading commercial property MGU in the United States to support a wildfire exposed risks program including embedded parametric coverage. Arden's Consolidated Fire Insurance Policy initially offered in California with expansion planned to other wildfire-exposed states.
- DUPI NordicscoreExpanded marine insurance partnership from Nordic region into Continental Europe. Previously focused on Brown Water Hull insurance business in Nordics; first MGA partnership in Stockholm.
- LimitFicoreMulti-year underwriting partnership with LimitFi, a credit manager specializing in reinsurance and risk transfer solutions. Partnership provides LimitFi with committed capacity to execute credit insurance through its platform.
- Pen UnderwritingcoreExpanded partnership through new capacity deal in support of international professional indemnity (PI) business. Deepening relationship based on existing successful partnership.
- LewerMarkminorPartnership with full-service MGA providing health insurance programs exclusively for international students studying in the USA. SiriusPoint has partnered with LewerMark for eight years supporting program management and underwriting guidance.
- Distinguished ProgramscoreEnvironmental team integrated into Distinguished Programs, a long-standing MGA. SiriusPoint continues providing multi-year capacity commitment while Distinguished provides expert underwriting for environmental insurance coverage.
Scale indicators12 records
Recent moves11 records
Expansion highlights6 records
SiriusPoint competitors and assessment
Company assessmentDirect peers
- Everest Group: Bermuda-domiciled global specialty insurer and reinsurer writing property, casualty, and specialty lines through Bermuda, U.S., and international platforms. Highly comparable to SiriusPoint in product mix, distribution via brokers/MGAs, and global multi-hub operating model.
- Arch Capital Group: Bermuda-based specialty P&C insurer and reinsurer writing property, casualty, mortgage, and specialty lines with a strong A rating. Similar MGA/program-driven distribution and Lloyd's presence make it a close functional peer.
- RenaissanceRe: Bermuda-domiciled specialty reinsurer with a Lloyd's platform and growing specialty insurance arm. Comparable concentration in catastrophe, casualty, and specialty lines and similar global multi-hub structure.
- PartnerRe: Multi-line global reinsurer owned by Covéa, writing P&C, life & health, and specialty lines via treaty and facultative placements. Closely overlaps with SiriusPoint's reinsurance and specialty insurance book across geographies.
- AXIS Capital Holdings: Bermuda-headquartered specialty insurer and reinsurer focused on P&C, professional lines, and specialty risks. Direct overlap with SiriusPoint in casualty reinsurance and A&H, including program business.
- Hamilton Insurance Group: Bermuda-based specialty insurance and reinsurance platform writing property, casualty, and specialty risks via Lloyd's Syndicate 4000 and other vehicles. Direct peer in the mid-cap specialty space.
- Beazley: London-headquartered specialist insurer with a strong Lloyd's presence, focused on cyber, marine, political risk, and specialty casualty. Comparable in specialty focus and Lloyd's-led distribution.
- Aspen Insurance Holdings: Specialty P&C insurer and reinsurer with Lloyd's Syndicate 4711 and Bermuda/Aspen Managing Agency. Writes many of the same casualty, marine, and aviation classes as SiriusPoint.
- Hiscox: London-listed specialist insurer writing a mix of big-ticket commercial, specialty, and reinsurance through Lloyd's and U.S. platforms. Overlaps with SiriusPoint in A&H, marine, and casualty.
Emerging players
- Ryan Specialty: Specialty distribution platform sitting on the MGA/broker side of the value chain that SiriusPoint supplies as a carrier. Relevant as a complementary or potential channel-competitor in delegated authority and program business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
SiriusPoint social profiles
Digital presenceSiriusPoint financial estimates
Financial estimateRevenue estimate
Valuation estimate
SiriusPoint leadership team
Management profileNumber of profiles
Profiles25 records
SiriusPoint subsidiaries and ownership
Company hierarchySubsidiaries9 records
SiriusPoint funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SiriusPoint M&A and investment
M&A and investmentM&A1 record
Investments20 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SiriusPoint
What does SiriusPoint do?
SiriusPoint is a specialty insurer and reinsurer underwriting Property & Casualty and Accident & Health risks globally through its Bermuda, North American, and European hubs, including Lloyd's Syndicate 1945. The company distributes capacity through three core pillars - direct insurance, treaty and facultative reinsurance, and a leading MGA/program administrator platform with 80+ underwriting partnerships - while subsidiary IMG sells travel insurance and assistance services direct to consumers.
Is SiriusPoint a public or private company?
SiriusPoint is a public company. It is classified as public and is currently operating.
When was SiriusPoint founded?
SiriusPoint was founded in 2021. It employs 1,001 to 5,000 people.
Where is SiriusPoint based?
SiriusPoint is headquartered in Hamilton, Bermuda.
How does SiriusPoint make money?
Four revenue lines are on record. Insurance Premiums are the primary driver. The others are reinsurance Premiums, MGA/Program Services Income and strategic Asset Sales.
Who are SiriusPoint's main competitors?
Direct peers on record are Everest Group, Arch Capital Group, RenaissanceRe, PartnerRe, AXIS Capital Holdings, Hamilton Insurance Group, Beazley, Aspen Insurance Holdings and Hiscox. Ryan Specialty is listed as an emerging player.
Does SiriusPoint have an API?
No public API is recorded for SiriusPoint.