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SiriusPoint Announces Departure of International Insurance CEO

Tipranks - Tue Mar 24, 4:06PM CDT

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SiriusPoint ( (SPNT) ) has shared an announcement.

On March 16, 2026, SiriusPoint Ltd. disclosed that Rob Gibbs, President and Chief Executive Officer of SiriusPoint International Insurance Corporation, would depart the company, and on March 17, 2026, the two parties agreed a settlement governing his exit effective April 30, 2026. Under the agreement, Gibbs will receive a severance of 401,700 GBP paid over 12 months, no 2025 bonus, continued medical and life assurance benefits for specified periods, standard equity treatment, and will remain bound by confidentiality, non‑disparagement, non‑compete, and non‑solicitation obligations in exchange for a general release of claims.

The most recent analyst rating on (SPNT) stock is a Buy with a $22.50 price target. To see the full list of analyst forecasts on SiriusPoint stock, see the SPNT Stock Forecast page.

Spark’s Take on SPNT Stock

According to Spark, TipRanks’ AI Analyst, SPNT is a Outperform.

The score is driven primarily by improved 2025 financial performance (better growth, margins, ROE, and cash flow) and a positive earnings-call outlook with meaningful capital actions. These positives are tempered by historically volatile results/data-quality concerns in balance-sheet reporting and weaker near-term technical momentum. Low P/E supports the valuation component.

To see Spark’s full report on SPNT stock, click here.

More about SiriusPoint

SiriusPoint Ltd. operates in the insurance and reinsurance industry through subsidiaries such as SiriusPoint International Insurance Corporation, providing specialty insurance solutions across international markets. The company focuses on underwriting and risk management services, with leadership at its international unit playing a key role in executing its global business strategy and supporting its operational performance.

Average Trading Volume: 630,916

Technical Sentiment Signal: Buy

Current Market Cap: $2.38B

See more insights into SPNT stock on TipRanks’ Stock Analysis page.

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