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SiriusPoint now a broader, more balanced business, says CEO Egan
['Beth Musselwhite']
ReinsuranceNe.ws
Scott Egan, Chief Executive Officer (CEO) of specialty insurer and reinsurer SiriusPoint, said the firm is a broader and more balanced business today, giving it the ability to move and redeploy capital across lines, segments, and geographies where there are attractive returns.
We have a broader and more balanced business today, and that gives us options.
Egan highlighted that SiriusPoint is focused on building a more resilient, lower-volatility business through portfolio diversification, allowing it to perform consistently across market cycles.
On the topic of MGA partners, he stressed that SiriusPoint is highly selective, prioritising those with strong underwriting discipline and a long-term view.
“But most importantly, we ensure our MGA partners have skin in the game using profit commissions.