SiriusPoint appoints Andreas Kull as Chief Risk Officer
SiriusPoint Ltd. (NYSE: SPNT) has appointed Andreas Kull as Chief Risk Officer, effective March 1, 2022. Mr. Kull will oversee the company's risk management strategy, emphasizing underwriting excellence amidst evolving risks. He joins SiriusPoint with extensive experience, including previous roles at Bernina Re and Tokio Millennium Re. CEO Sid Sankaran praised Kull's expertise, noting that his leadership will strengthen SiriusPoint's risk strategy and support long-term growth. SiriusPoint currently operates with over $3 billion in capital and has a financial strength rating of A-.
- Appointment of Andreas Kull as Chief Risk Officer brings extensive industry experience.
- Kull's leadership expected to enhance enterprise-wide risk management strategy.
- SiriusPoint has strong financial backing with over $3 billion in capital.
- Transition period may create continuity concerns for the risk management team.
HAMILTON, Bermuda, Nov. 18, 2021 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has appointed Andreas Kull as Chief Risk Officer (CRO), effective March 1, 2022. As Chief Risk Officer, Mr. Kull will be responsible for overseeing SiriusPoint’s enterprise-wide risk management strategy as SiriusPoint continues to strengthen its culture of underwriting excellence with an appropriate risk appetite in an evolving landscape of risks. Based in Zurich, Switzerland, he will be a member of the Executive Leadership team, reporting to Chief Executive Officer, Sid Sankaran.
Mr. Kull joins from Bernina Re, where he served as Chief Risk Officer and member of the Executive team. Prior to that, he was the Chief Risk Officer and member of the Executive Committee at Tokio Millennium Re AG (TMR) and was previously the Chief Risk Officer of AXA Winterthur. His work experience further includes consulting as an Executive Director at Ernst & Young and risk management and actuarial roles at Converium and Zurich Insurance.
Commenting on the appointment, Mr. Sankaran said: “Strong, disciplined risk management is essential to SiriusPoint’s disruptive and entrepreneurial approach. With his extensive industry experience, Andreas will ensure that our enterprise risk strategy and capabilities support underwriting excellence, enable our long-term transformational growth, and help us to deliver sustainable results. I am delighted to welcome a risk professional of his calibre to the team as we continue to build out our global business.”
Andreas is a member of the Swiss and German Actuarial Societies, with a CERA designation. He holds a PhD in Physics from Ludwig Maximillian University in Munich, Germany, and an MA in Physics from the University of Bern, Switzerland.
About SiriusPoint
SiriusPoint Ltd. (SiriusPoint) is a global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices around the world, we are listed on the New York Stock Exchange (SPNT). We write a global portfolio of Accident and Health, Specialty, Property and Runoff, combining data and creative thinking to underwrite risks with skill and discipline. With over
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Forward-Looking Statements
We make statements in this report 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 forward-looking statements made on behalf of SiriusPoint. These risks and uncertainties include 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; 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 Quarterly Reports on Form 10-Q for the periods ended March 31, 2021 and June 30, 2021. 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 report.
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