SiriusPoint Fills New Business Development and Chief Actuary Posts
Bobby Heerasing will join SiriusPoint Ltd.'s senior leadership team in the newly created role of head of international strategic business development, the company said.
Heerasing will be responsible for the strategy and development of SiriusPoint International's growth objectives, managing strategic partnerships with key industry partners and clients and helping to advance the company's position, the company said in a statement.
He has more than 25 years of experience and joins the company from Asia Capital Re Holdings, where he served as group chief executive officer and was a member of the board. In his three years leading ACR, Heerasing was instrumental in improving the financial performance of the company, SiriusPoint said.
Before ACR, he spent 19 years working in the property treaty and casualty treaty reinsurance market at XL Catlin Ltd., serving as underwriting and distribution director, insurance.
In addition, SiriusPoint named Justin Brenden as chief actuary, subject to approval by the Bermuda Department of Immigration.
Brenden will lead the company's actuarial organization, with responsibility for global reserving and aligning pricing to drive to the company's objective of improving underwriting profitability. He will be based in Bermuda, the company said in a statement.
Prior to the merger between Third Point Re and Sirius Group in early 2021, Brenden served as executive vice president, chief reserving actuary at Third Point Re. He joined Third Point Re in its first year of operations and played a significant role in the growth and development of the company. Brenden began his career as an actuarial consultant at Ernst &Young, where he primarily served the reinsurance industry, according to a company statement.
In other company news, Patrick Charles was hired as head of Americas property/casualty insurance.
In his new role, Charles will be responsible for managing and growing the U.S. P/C insurance business, including expansion of key SiriusPoint strategic partnerships and the launch of products and services to support these relationships, according to a company statement.
Charles has more than 20 years of experience in the insurance industry and joins from Zurich Insurance Group, where he held North American leadership roles in underwriting and strategy for the past 10 years. Before Zurich, he spent time at McKinsey & Co., Alliance Bernstein and the St. Paul Cos. He began his career as an actuary, the company said.