Third Point Reinsurance
SiriusPoint Ltd. (formerly Third Point Reinsurance, NYSE: SPNT) is a Bermuda-domiciled specialty underwriter offering primary insurance, global reinsurance, and Programs & MGA solutions to clients, brokers, and program administrators across North America, Bermuda, Europe, and Scandinavia.
- Company typePublic
- Founded2011
- HeadquartersHamilton, Bermuda
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Third Point Reinsurance does
Third Point Reinsurance, now operating as SiriusPoint Ltd. (NYSE: SPNT), is a Bermuda-domiciled specialty underwriter providing insurance and reinsurance solutions globally. The company offers three core product lines: primary insurance underwriting across multiple sectors, global reinsurance written from hubs in North America, Bermuda, and Europe (including Lloyd's Syndicate 1945), and a Programs & MGAs offering that positions the firm as a leading carrier for managing general agents and program administrators in casualty and specialty lines. With over $3.0 billion in total capital and A financial strength ratings from AM Best, Fitch, and S&P (plus A3 from Moody's), the franchise targets insurance buyers, reinsurance clients, brokers, and MGAs/program administrators seeking stable specialty capacity.\n\nThe business model is underwriting-based: premiums are priced through individual risk assessment and underwriting rather than standardized public pricing, and distribution runs through direct client and broker relationships complemented by a portfolio of strategic MGA and program-manager partnerships. The company is licensed to write Property & Casualty and Accident & Health business globally and operates offices in Pembroke (Bermuda, headquarters), New York, London, and Stockholm. In April 2026, SiriusPoint executed a strategic restructuring into four explicit divisions (including Global P&C Programs, Global Reinsurance, and Global Accident & Health), divested its Arcadian Holdings equity stake for $140 million, transitioned leadership with CEO Rob Gibbs' exit, and launched a Crisis Solutions Platform in London alongside a multi-year digital transformation program targeting underwriting advantage.
Third Point Reinsurance firmographics
Firmographics- Name
- Third Point Reinsurance
- Legal name
- SiriusPoint Ltd.
- Website
- https://thirdpointre.bm
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SiriusPoint Ltd. (formerly Third Point Reinsurance, NYSE: SPNT) is a Bermuda-domiciled specialty underwriter offering primary insurance, global reinsurance, and Programs & MGA solutions to clients, brokers, and program administrators across North America, Bermuda, Europe, and Scandinavia.
- Ownership category
- akta.pro rank
Third Point Reinsurance industry classification
Industry- Product category
- Specialty Insurance and Reinsurance
- NAICS
- Reinsurance Carriers (524130), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Construction / Engineering (CAR/EAR) Reinsurance (FSAOADAG)
- akta.pro secondary industry
- General Liability Reinsurance (FSAOABAD)
Keywords
Where Third Point Reinsurance is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Offices4 records
Markets served
Third Point Reinsurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Distribution channels3 records
Marketing channels5 records
Third Point Reinsurance product offering
Product offeringCore offering
Third Point Reinsurance (now SiriusPoint Ltd.) is a specialty underwriter that provides primary insurance underwriting across multiple sectors, global reinsurance underwritten from North America, Bermuda, and European hubs (including Lloyd's Syndicate 1945), and serves as a leading carrier for program administrators and Managing General Agents in casualty and specialty lines worldwide. With over $3.0 billion in total capital, the company holds licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.
Product overview
SiriusPoint operates as a specialty underwriter providing Insurance, Reinsurance, and Insurance Programs/MGAs solutions to clients and brokers worldwide. The company offers primary insurance underwriting across multiple sectors, global reinsurance from North America, Bermuda, and European hubs including Lloyd's Syndicate 1945, and serves as a leading carrier for program administrators and managing general agents. With over $3.0 billion total capital, the company's operating subsidiaries hold financial strength ratings of A from AM Best, Fitch and S&P, and A3 from Moody's.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Primary insurance underwriting across a growing number of sectors, providing insurance solutions to meet the changing risk circumstances of clients worldwide. Targeted at insurance buyers seeking specialty coverage.
- Reinsurance Global reinsurance underwritten from North America, Bermuda, and European hubs (including Lloyd's Syndicate 1945), positioning the company as a partner of choice for clients and brokers.
- Insurance Programs and MGAs Program administrators and managing general agents services for casualty and specialty lines programs globally, with strategic partnerships strengthening offering and distribution capabilities.
- Crisis Solutions Platform New crisis-focused specialty offering within the London Market Specialty Division, extending the company's specialty underwriting capabilities to crisis-related risks for global clients and brokers.
Companies that use Third Point Reinsurance
Customer profileSegments4 records
Ideal customer profiles3 records
Third Point Reinsurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Third Point Reinsurance partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Third Point Reinsurance competitors and assessment
Company assessmentDirect peers
- Hiscox Ltd. Specialty insurer with Lloyd's presence writing P&C, specialty, and reinsurance globally; directly comparable given its specialty focus, Lloyd's Syndicate, and MGA distribution strategy.
- RenaissanceRe Holdings Ltd. Bermuda-based specialty reinsurer providing property catastrophe and specialty reinsurance globally; directly comparable given shared specialty reinsurance focus, Bermuda domicile, and global broker distribution model.
- Lancashire Holdings Limited: Bermuda-based specialty insurer focused on property, aviation, energy, and marine; directly comparable as a specialty underwriter with Bermuda domicile and global broker distribution.
- Everest Group, Ltd. Bermuda-domiciled specialty insurance and reinsurance group writing global P&C and specialty lines; directly comparable as a multi-line specialty underwriter with similar Lloyd's and Bermuda operating footprints.
- Arch Capital Group Ltd. Bermuda-domiciled specialty insurer and reinsurer writing P&C, mortgage, and specialty lines globally; directly comparable as a specialty underwriter with multi-product distribution through MGAs and program managers.
- Aspen Insurance Holdings: Specialty P&C insurer and reinsurer with Lloyd's Syndicate and Bermuda operations; directly comparable given its specialty lines focus, Lloyd's presence, and Bermuda underwriting operations.
- Transatlantic Holdings (TransRe): Specialty reinsurer writing property and casualty reinsurance globally; directly comparable as a pure-play specialty reinsurer with broker-distributed treaty business.
- AXIS Capital Holdings Limited: Bermuda-based global specialty (re)insurer with P&C and specialty lines focus; directly comparable given shared Bermuda domicile, specialty underwriting positioning, and global broker distribution.
- PartnerRe Ltd. Multi-line specialty reinsurer offering P&C, specialty, and life & health reinsurance globally; directly comparable given its specialty reinsurance platform and global broker/brokerage distribution.
Broad incumbents
- Munich Re Group: One of the world's largest reinsurers offering global P&C, life, and specialty reinsurance; broadly comparable as the dominant incumbent in the specialty reinsurance space in which SiriusPoint competes.
Market position
Strengths1 record
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Third Point Reinsurance social profiles
Digital presenceThird Point Reinsurance compliance and trust
Trust signalCompliance4 records
Third Point Reinsurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Third Point Reinsurance leadership team
Management profileNumber of profiles
Profiles3 records
Third Point Reinsurance subsidiaries and ownership
Company hierarchySubsidiaries1 record
Third Point Reinsurance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Third Point Reinsurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Third Point Reinsurance
What does Third Point Reinsurance do?
Third Point Reinsurance (now SiriusPoint Ltd.) is a specialty underwriter that provides primary insurance underwriting across multiple sectors, global reinsurance underwritten from North America, Bermuda, and European hubs (including Lloyd's Syndicate 1945), and serves as a leading carrier for program administrators and Managing General Agents in casualty and specialty lines worldwide. With over $3.0 billion in total capital, the company holds licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.
Is Third Point Reinsurance a public or private company?
Third Point Reinsurance is a public company. It is classified as public and is currently operating.
When was Third Point Reinsurance founded?
Third Point Reinsurance was founded in 2011. It employs 11 to 50 people.
Where is Third Point Reinsurance based?
Third Point Reinsurance is headquartered in Hamilton, Bermuda.
Who are Third Point Reinsurance's main competitors?
Direct peers on record are Hiscox Ltd., RenaissanceRe Holdings Ltd., Lancashire Holdings Limited, Everest Group, Ltd., Arch Capital Group Ltd., Aspen Insurance Holdings, Transatlantic Holdings (TransRe), AXIS Capital Holdings Limited and PartnerRe Ltd.. Munich Re Group is listed as a broad incumbent.
Does Third Point Reinsurance have an API?
No public API is recorded for Third Point Reinsurance.
What industry is Third Point Reinsurance in?
Third Point Reinsurance's product category is Specialty Insurance and Reinsurance. Its primary akta.pro industry code is FSAOADAG, Construction / Engineering (CAR/EAR) Reinsurance, with a secondary code of FSAOABAD, General Liability Reinsurance. Its NAICS code is 524130 and its SIC code is 6331.