Log In

Reset Password

Third Point Re CEO to be head of runoff at SiriusPoint

New role: Dan Malloy, Third Point Re CEO

Third Point Re’s chief executive officer Dan Malloy is to become president, global distribution and head of runoff, at SiriusPoint Ltd following the merger of Third Point Re Ltd and Sirius International Insurance Group Ltd.

The merger is expected to close on or about this Friday, subject to the satisfaction of the closing conditions.

Mr Malloy will be based in Bermuda, subject to immigration approval. He will be responsible for distribution and business development, and broker and client engagement.

Sid Sankaran, who is currently Third Point Re's non-executive chairman of the board, will be chairman and CEO of SiriusPoint.

Mr Sankaran said: “I am delighted with the exceptional team we have formed to lead SiriusPoint. SiriusPoint brings together two companies with an abundance of talent, which is highlighted by these latest appointments. We have a strong leadership team of executives and underwriting talent from within and outside the existing organisations, each bringing outstanding credentials and experience to the business and culture we are building."

Among other leadership team announcements, David Govrin will be global chief underwriting officer and president, Americas reinsurance. He is currently president, Third Point Reinsurance (USA) Ltd, and head of business development, Third Point Reinsurance Ltd.

Monica Cramér Manhem will be president, International Reinsurance. She is currently president of global reinsurance at Sirius Group.

Ming Zhang will be chief investment officer. He is currently chief investment officer at Third Point Re having joined from MetLife.

Vievette Henry will be chief people officer. She is to join SiriusPoint on March 1, from American Insurance Group in New York, where for the past three years she has served as global head of talent, organisational effectiveness and chief diversity officer.

It was also announced that Nick Campbell will become global head of specialty and will lead SiriusPoint's Bermuda operations. He is currently chief risk officer and executive vice-president, underwriting, at Third Point Re.

The company said SiriusPoint will launch as a top 20 global re/insurer writing a worldwide portfolio of insurance and reinsurance.

You must be Registered or to post comment or to vote.

Published February 22, 2021 at 4:18 pm (Updated February 22, 2021 at 6:24 pm)

Third Point Re CEO to be head of runoff at SiriusPoint

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon