SiriusPoint picks reinsurance veteran for new leadership role

Exec is the former CEO of another big reinsurer

SiriusPoint picks reinsurance veteran for new leadership role

Insurance News

By Gabriel Olano

SiriusPoint has announced that reinsurance industry veteran Bobby Heerasing (pictured above) has been appointed as head of international strategic business development, a newly created role.

Based in Singapore, Heerasing will be responsible for the strategy and development of SiriusPoint International’s growth objectives and management of strategic partnerships with key industry partners and clients, focusing first on the Asia-Pacific region, the company said. He will report to Monica Cramér Manhem, SiriusPoint’s president for international reinsurance.

“We are delighted to welcome Bobby to SiriusPoint and to attract a candidate of his calibre,” Cramér Manhem said. “As a driven and creative executive, he brings a wealth of experience and a deep understanding of the international reinsurance world, particularly in Asia. He has a first-class reputation in building successful and profitable underwriting platforms. This appointment further strengthens our focus on value creation and continued commitment to cultivating relationships with our partners.”

Heerasing, who has more than 25 years’ industry experience, joined from Asia Capital Re (ACR) Holdings, where he served as group CEO and board member. Before his three-year stint with ACR, he spent 19 years working in the property treaty and casualty treaty reinsurance market at XL Catlin, serving as underwriting and distribution director, insurance, and prior to that as chief underwriting office, Asia-Pacific. He began his insurance career in 1995 at Royal Sun & Alliance as a senior underwriting assistant for marine. 

“Bobby is a catalyst for growing SiriusPoint’s footprint and reputation in the international reinsurance market, and is an excellent addition to the senior team,” said Sid Sankaran, chief executive officer and chairman of SiriusPoint. “SiriusPoint’s international platform is a key strength and differentiator for us. With our existing talent, relationships and commitment to delivering for our clients, combined with Bobby’s commercial perspective and impressive track record of success, I am enormously excited about what we can achieve.”

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