SiriusPoint Ltd. disclosed under Item 5.02 the departure of Mr. Rob Gibbs, President & Chief Executive Officer of SiriusPoint International Insurance Corporation (publ), with last day of employment on April 30, 2026. A Settlement Agreement dated March 17, 2026 (Exhibit 10.1) provides for a 401,700 GBP severance payment in 12 monthly installments, benefit continuations, and post-employment obligations.
Key takeaways
Mr. Rob Gibbs departed as President & CEO of SiriusPoint International Insurance Corporation (publ)
Departure effective April 30, 2026
Settlement Agreement dated March 17, 2026 (Exhibit 10.1)
Severance payment of 401,700 GBP in 12 equal monthly installments post-April 30, 2026, subject to tax/NI withholdings
Inclusive of six-month notice pay, pro-rated 2026 bonus, contractual severance; no 2025 bonus entitlement
Private medical insurance continued through April 30, 2027; life assurance through December 31, 2026 plus 3,000 GBP in lieu