05/08/2025 | Press release | Distributed by Public on 05/08/2025 02:30
HAMILTON, Bermuda. May 8, 2025 - SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced the promotion of Chris Fenn to Global Head of Marine, in addition to two strategic appointments to strengthen its global Marine offering.
Previously Head of Marine, London for SiriusPoint International, Mr. Fenn joined the Company in February 2024 and has prior experience in leading Marine teams during his 14-year tenure at Markel. In his new role Mr. Fenn will lead SiriusPoint's Marine team with a key focus on building the cargo, fine art and specie, ports and terminal, and marine liability offering.
As well as Mr. Fenn's promotion, Anthony Grew will join SiriusPoint's Marine team as Head of Cargo on July 21, and Giulia Argano will join its Global Claims team as Marine Claims Adjuster in May. They will both be based in London, with Mr. Grew reporting to Mr. Fenn and Ms. Argano reporting to Hamish McBride, Head of MGA and Program Claims.
These new appointments highlight the Company's commitment to the marine sector and its ambitions to grow marine business across SiriusPoint's global platform. The new Marine team will build upon SiriusPoint's strong existing marine capabilities in London and International markets and via its Lloyd's Syndicate 1945, as well as the Company's numerous specialist MGA partnerships.
"SiriusPoint's marine offering is vital to the Company's overall business and its strategy to be a high-performing underwriter. These appointments will bolster the Company's Marine team, reflecting our clear appetite for growth within this sector," said Anthony Shapella, Group Chief Underwriting Officer at SiriusPoint.
"Chris has demonstrated himself as a respected leader in the global marine market and has made a strong impact since joining SiriusPoint. His promotion reflects both the depth of his experience and our strategic focus on building a high-performing Marine team aligned with our vision for growth and profitability," added Mr. Shapella.
"I'm delighted to take on the role of Global Head of Marine at such a pivotal time for SiriusPoint. We have a clear vision for the type of Marine business we want to write and strong relationships with our trading partners. I'm looking forward to building upon the strong foundations we already in place," said Mr. Fenn.
"We are thrilled to welcome Anthony and Giulia to the team. They bring the specialist expertise and energy that will help enhance our ability to serve clients, strengthen our underwriting and claims proposition, and deliver on our strategic growth ambitions," he added.
Mr. Grew joins SiriusPoint from Allied World where he was most recently Vice President of the Marine Division. He brings with him over 20 years of experience within the marine industry, previously working at CNA Hardy, ACE Group, FP Marine Risks, OMV, and Glencore.
Ms. Argano joins with over 12 years of experience within the marine Industry. Most recently at Capanna Marine S.r.l., she served as Manager and Controller of Capanna Marine Lloyd's Agencies. Prior to that Ms. Argano held roles at Tagliavia & Capanna S.r.l. and Sea International Services S.r.l.
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 approximately $2.7 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
Liam Blackledge, SiriusPoint
Liam.Blackledge@siriuspt.com
+44 203 772 3082
Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk
+44 7718 882011