Scott A on underwriting discipline
From Ep297 Scott Egan CEO SiriusPoint: If you fall asleep, you go backwards · · The Voice of Insurance
“We turn away around 90% of the opportunities that we see. That's a really important start and it's one that our investors pick up on as well because what that tells you is, you know, we look at the relationship, we look at the line, we look at the culture, we look at everything, underwriting philosophies, etc. And we make our decisions based on that.”
On , Scott A, Chief Executive Officer & Director at SIRIUSPOINT LTD, spoke about underwriting discipline during Ep297 Scott Egan CEO SiriusPoint: If you fall asleep, you go backwards on The Voice of Insurance.
About Scott A
Scott Egan, CEO of SiriusPoint, discussed the company's recent performance and strategy on the "Voice of Insurance" podcast in April 2026. He stated that the company's top line has grown consistently for seven quarters and that its operating return on equity improved for the third consecutive year. Egan noted that SiriusPoint disposed of several MGAs, generating nearly $400 million in liquidity, which was used to retire debt, make small bolt-on acquisitions, and return approximately $100 million to shareholders. He also mentioned that the company received a credit rating upgrade from Fitch and won two customer awards in 2025, which he described as emblematic of the company's turnaround being complete. Egan commented on the company's selective approach to partnerships, stating that SiriusPoint turns away around 90% of program opportunities it evaluates. Regarding the aviation market, he said the company carried significant rate in the fourth quarter. On artificial intelligence, Egan described it as an "evolutionary tool" rather than a revolutionary one, with the company focusing on automation, data management, and claims management. He emphasized a mindset of avoiding complacency, stating that past success does not guarantee future results and that "if you fall asleep, I promise you, go backwards."