SiriusPoint CA fires net loss of $60mn-$70mn will tap retrocession cover: CEO Egan
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SiriusPoint CA fires net loss of $60mn-$70mn will tap retrocession cover: CEO Egan

Wildfire loss ‘serves as a strong reminder not to unwind hard-fought for rates and terms’, the executive said.

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SiriusPoint CEO Scott Egan said the firm’s retro cover will be tapped as it revealed a net loss estimate, pre-tax, for the California wildfires of $60mn-$70mn.

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