SiriusPoint merges NA and international programmes, sets four core divisions
Bermuda-based global specialty re/insurer SiriusPoint has reorganised its operations into four core areas of focus, combining its North America and international programmes businesses as it streamlines its structure for the next phase of growth.
Three global units — global P&C programmes, global reinsurance and global accident & health — are joined by the London Market specialty division, which includes Lloyd’s, to make up the new business structure.
SiriusPoint will combine its existing North America and international programmes businesses into one single global P&C programmes division, which will be led by Patrick Charles, global head of P&C programmes. The new division reflects the company’s commitment to the programmes space, further strengthening its offering to clients and distribution partners globally.
SiriusPoint’s new London Market specialty division reflects the strategic importance of its London platform, including Syndicate 1945, and reinforces the company’s commitment to grow specialty business in London, SiriusPoint said.
SiriusPoint’s London casualty, energy, property and marine leaders will form part of the new London Market specialty division, which will be led by David Govrin, president, in addition to his current responsibilities as CEO global reinsurance.
Scott Egan (pictured), chief executive officer at SiriusPoint, said: “These changes are a natural evolution of SiriusPoint as we build on the significant progress made over the past three years. We have improved our underwriting and operating foundations, sharpened our business mix, built a strong culture, and attracted high quality talent.
“Our financial performance at the end of 2025 shows the momentum we have across the business. We believe these changes strengthen our offering to the market and support our strategic ambitions across our geographies, platforms, and specialisms.
“We are positioning the business to capitalise on growth opportunities while continuing to deliver disciplined, profitable performance.”
As part of the changes, Rob Gibbs will be leaving SiriusPoint. “Rob brought leadership and energy when the business needed it most, and he goes with my sincere thanks for all that he has done for SiriusPoint,” continued Egan.
There will be no changes to SiriusPoint’s global reinsurance and global accident & health businesses.
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