Sid Sankaran, chief executive officer and chairman of Bermudian-based international specialty insurance and reinsurance outfit SiriusPoint Ltd, rang the opening bell of the New York Stock Exchange today at 10.30am Bermuda time.

The company said the event celebrated the formation of the company and its listing under the NYSE ticker symbol SPNT.

SiriusPoint launched and began trading on the NYSE on February 26 with more than $3 billion in capital, significant capacity, a global operating platform, and a diversified insurance and reinsurance portfolio.

Mr Sankaran said: “I am delighted to be ringing the Opening Bell at the NYSE in this celebration of renewal. SiriusPoint has launched as one of the first key players in the class of 2020. The insurance and reinsurance industry has a history of responding with innovation after any big shock event, and the dislocation caused by the pandemic will spark the kind of change that gives birth to a new chapter in the story of the industry.

“We believe that SiriusPoint will be at the forefront of that change – a disruptive force driving innovation and progress.”

The company was formed from the merger between Third Point Reinsurance Ltd, a specialty reinsurer, and Sirius International Insurance Group Ltd, a global multi-line insurer and reinsurer.