Sabra Purtill joins SiriusPoint (NYSE: SPNT) board as two directors depart
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SiriusPoint Ltd. has appointed Sabra R. Purtill to its Board of Directors effective March 25, 2026, as a Class I director serving until the annual general meeting scheduled for May 20, 2026. She brings 40 years of insurance and financial services experience and has held senior roles at AIG, Hartford Financial Services Group, Assured Guaranty and ACE Limited (now Chubb.
The Board determined that Ms. Purtill is an independent director and an “audit committee financial expert”. She will serve on the Audit Committee and the Risk & Capital Management Committee and receive the same compensation as other non‑employee directors. Directors Franklin (Tad) Montross IV and Peter W. H. Tan will not stand for reelection, with their Board and committee service ending after the May 20, 2026 annual meeting; their decision is stated as not due to any disagreement with the company.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Director age: 63 years
Industry experience: 40 years
Effective appointment date: March 25, 2026
+5 more
8 metrics
Director age
63 years
Age of Sabra R. Purtill at appointment
Industry experience
40 years
Experience of Sabra R. Purtill in insurance and financial services
Effective appointment date
March 25, 2026
Start date of Sabra R. Purtill’s board service
Annual meeting date
May 20, 2026
SiriusPoint 2026 annual general meeting when Class I term ends
Total capital
Over $3.0 billion
Total capital of SiriusPoint as described in the press release
Fitch rating
A
Financial strength rating for SiriusPoint operating companies from Fitch
AM Best and S&P rating
A-
Financial strength rating for SiriusPoint operating companies from AM Best and S&P
Moody’s rating
A3
Financial strength rating for SiriusPoint operating companies from Moody’s
Key Terms
audit committee financial expert, Risk & Capital Management Committee, definitive proxy statement, forward-looking statements, +2 more
6 terms
audit committee financial expert financial
"The Board has also affirmatively determined that she qualifies as an “audit committee financial expert,”"
A person on a company’s board who has deep knowledge of accounting, financial reporting and auditing, able to understand and question the books, controls and audit work like a trained mechanic inspecting an engine. Investors care because that expertise helps spot errors, weaknesses or misleading statements early, improving the likelihood that financial reports are accurate and reducing the risk of surprises that can hurt a company’s value.
Risk & Capital Management Committee financial
"Ms. Purtill has been appointed to serve as a member of the Audit Committee and the Risk & Capital Management Committee."
definitive proxy statement regulatory
"she will receive the same compensation as the Company’s other non-employee directors, as provided in the definitive proxy statement"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
forward-looking statements regulatory
"We make statements in this press release, and any related oral statements, that are forward-looking statements within the meaning of the U.S. federal securities laws,"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Annual Report on Form 10-K regulatory
"These risks and uncertainties include, but are not limited to, the risk factors described in SiriusPoint’s most recent Annual Report on Form 10-K"
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
specialty underwriter financial
"SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a specialty underwriter, today announced changes to its Board of Directors."
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 25, 2026 (March 30, 2026)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices and Zip Code)
Registrant’s telephone number, including area code: +1 441 542-3300
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers | ||||
On March 30, 2026, SiriusPoint Ltd. (“Company”) announced the appointment of Sabra R. Purtill to serve on the Board of Directors of the Company, effective March 25, 2026. As a Class I director, she will hold office for a term equal to the remaining term of the Class I directors (i.e., the upcoming annual general meeting of shareholders of the Company currently scheduled for May 20, 2026), or if earlier, until her death, resignation or removal.
Ms. Purtill, 63, has 40 years of experience across insurance and financial services. Her background spans corporate finance, capital markets, treasury and financial reporting. She has held senior roles at AIG, Hartford Financial Services Group, Inc. and Assured Guaranty Ltd., and previously worked at ACE Limited, now Chubb.
The Board has determined that Ms. Purtill qualifies as an independent director under the applicable requirements of the New York Stock Exchange and the Securities Exchange Act of 1934, as amended. The Board has also affirmatively determined that she qualifies as an “audit committee financial expert,” as such term is defined in Item 407(d)(5) of Regulation S-K.
Ms. Purtill has been appointed to serve as a member of the Audit Committee and the Risk & Capital Management Committee. For service in these roles, she will receive the same compensation as the Company’s other non-employee directors, as provided in the definitive proxy statement the Company filed on April 10, 2025.
The Company is also in the process of entering into an indemnification agreement and a director service agreement with Ms. Purtill, each in the same form as is standard for the Company’s other directors.
There are no arrangements or understandings between Ms. Purtill and any other person pursuant to which she was named a director of the Company. Ms. Purtill has no family relationship with the Company’s directors or executive officers or any persons nominated or chosen by the Company to be a director or executive officer. Ms. Purtill has not entered into any other material plan, contract, arrangement or amendment in connection with her appointment to the Board.
Ms. Purtill is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
In addition, on March 25, 2026, the Board has confirmed that two Class 1 directors have decided not to stand for reelection at the Company’s 2026 annual general meeting of shareholders, namely, Franklin (Tad) Montross IV, who serves as the Chair of the Risk & Capital Management Committee and as a member of the Audit Committee and Compensation Committee, and Peter W. H. Tan, who serves as a member of the Investment Committee and the Risk & Capital Management Committee. As a result, their service on the Board and the foregoing Committees will end immediately following the conclusion of the 2026 annual general meeting. This decision is not as a result of any disagreement with the Company, known to an executive officer of the Company, on any matter relating to the Company’s operations, policies or practices.
On March 30, 2026, the Company issued a press release, attached hereto as Exhibit 99.1, announcing the changes to the Board.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits
| Exhibit No. | ||||||||
| 99.1 | Press Release, dated March 30, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: March 30, 2026 | /s/ Linda S. Lin | ||||||||||
| Name: | Linda S. Lin | ||||||||||
| Title: | Chief Legal Officer & Corporate Secretary | ||||||||||
PRESS RELEASE
SiriusPoint announces changes to Board of Directors
HAMILTON, Bermuda, March 30, 2026 – SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a specialty underwriter, today announced changes to its Board of Directors. Sabra Purtill has been appointed to the Board effective March 25, 2026, while Franklin (Tad) Montross IV and Peter Tan will step down effective May 20, 2026.
Sabra joins SiriusPoint with 40 years of experience across insurance and financial services. Her background spans corporate finance, capital markets, treasury, and financial reporting. She has held senior roles at AIG, Hartford Financial Services Group, Inc. and Assured Guaranty Ltd, and previously worked at ACE Limited, now Chubb.
“SiriusPoint is at an important stage in its evolution, with a clear focus on discipline, resilience and long‑term value,” said Ms Purtill. “I’m looking forward to working with the Board and management team to help guide the business through its next phase.”
Bronek Masojada, Chair of the Board of SiriusPoint, said: “Sabra brings significant financial and insurance experience to the Board, shaped by four decades at leading financial institutions. Her perspective will support the Board’s oversight, governance and long‑term strategic direction on behalf of our shareholders. I would also like to thank Tad and Peter for the important contributions they have made over the last five years.”
Franklin (Tad) Montross IV joined the SiriusPoint Board in 2021 and serves as Chair of the Risk & Capital Management Committee and as a member of the Audit and Compensation Committees. Peter Tan also joined the Board in 2021 and serves as a member of the Investment Committee and the Risk & Capital Management Committee. Their service on the Board and its committees will conclude immediately following the Company’s 2026 annual general meeting on May 20, 2026.
ENDS
About SiriusPoint
SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A from Fitch, A- from AM Best and S&P, and A3 from Moody’s. For more information, please visit https://www.siriuspt.com/.
Forward-Looking Statements We make statements in this press release, and any related oral statements, that are forward-looking statements within the meaning of the U.S. federal securities laws, which we intend to be covered by the safe harbor provisions for such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ
materially from those made in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors described in SiriusPoint’s most recent Annual Report on Form 10-K and any other subsequent periodic reports filed with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date made and SiriusPoint undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise
Contacts
Investor Relations
Liam Blackledge, SiriusPoint
Liam.Blackledge@siriuspt.com
+44 203 772 3082
Media
Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk
+44 7718 882011
FAQ
What board change did SiriusPoint (SPNT) disclose in this 8-K filing?
SiriusPoint disclosed that Sabra R. Purtill has joined its Board of Directors as a Class I director effective March 25, 2026. She will serve until the annual general meeting currently scheduled for May 20, 2026, or earlier if she leaves the role.
What experience does Sabra R. Purtill bring to SiriusPoint (SPNT)?
Sabra R. Purtill brings 40 years of experience across insurance and financial services. Her background includes corporate finance, capital markets, treasury and financial reporting, with senior roles at AIG, Hartford Financial Services Group, Assured Guaranty and earlier work at ACE Limited, now Chubb.
Is Sabra R. Purtill considered independent under NYSE rules at SiriusPoint (SPNT)?
Yes. The Board determined that Sabra R. Purtill qualifies as an independent director under New York Stock Exchange and Securities Exchange Act requirements. The Board also designated her as an “audit committee financial expert” under Item 407(d)(5) of Regulation S-K, reflecting her financial expertise.
Which SiriusPoint (SPNT) board committees will Sabra R. Purtill serve on?
Sabra R. Purtill has been appointed to the Audit Committee and the Risk & Capital Management Committee. She will receive the same compensation as other non‑employee directors, consistent with the company’s definitive proxy statement filed on April 10, 2025, for these committee roles.
Which SiriusPoint (SPNT) directors are stepping down and when will they leave?
Franklin (Tad) Montross IV and Peter W. H. Tan have decided not to stand for reelection at the 2026 annual general meeting on May 20, 2026. Their Board and committee service will end immediately following that meeting, and the company states this is not due to any disagreement.
How financially strong is SiriusPoint (SPNT) according to the press release?
The press release notes that SiriusPoint has over $3.0 billion in total capital. Its operating companies hold financial strength ratings of A from Fitch, A- from AM Best and S&P, and A3 from Moody’s, indicating solid capitalization and multi-agency ratings support.
Filing Exhibits & Attachments
5 documentsPress Releases
Siriuspoint Ltd
NYSE:SPNT
SPNT Rankings
SPNT Latest News
SPNT Latest SEC Filings
Mar 23, 2026
[8-K] SiriusPoint Ltd Reports Material Event
Mar 16, 2026
[8-K] SiriusPoint Ltd Reports Material Event