SiriusPoint appoints Will Nihan as CEO of International Medical Group, succeeding Adam Hirschfeld.
Quiver AI Summary
SiriusPoint Ltd. has announced the appointment of Will Nihan as the new Chief Executive Officer of International Medical Group (IMG), its wholly owned subsidiary specializing in global insurance benefits and assistance services, effective November 3, 2025. Nihan comes from Travelex Insurance Services, where he served as President and CEO, and has extensive experience in the insurance sector, including positions at Zurich Global Ventures, Prudential Financial, and AIG. He replaces Adam Hirschfeld, who has served as interim CEO since March 2025 and will continue to work with Nihan on IMG's growth strategies. SiriusPoint's CEO, Scott Egan, expressed enthusiasm for Nihan's leadership and experience in driving transformation and growth. The company, based in Bermuda, is a global underwriter in the insurance and reinsurance markets, holding significant capital and strong financial ratings.
Potential Positives
- The appointment of Will Nihan as CEO of International Medical Group signifies a strategic move to drive growth and transformation, leveraging his extensive experience in the insurance sector.
Potential Negatives
- The interim leadership of Adam Hirschfeld prior to the appointment of Will Nihan may indicate instability within IMG's executive team, which could raise concerns about the company's leadership continuity and strategic direction.
- The reliance on forward-looking statements in the press release highlights inherent risks and uncertainties that could negatively impact the company's future performance, potentially undermining investor confidence.
- Will Nihan's transition to CEO may bring challenges associated with adapting to a new corporate culture and aligning existing strategies, which could temporarily affect organizational effectiveness and growth initiatives.
FAQ
Who has been appointed as CEO of IMG?
Will Nihan has been appointed as Chief Executive Officer of International Medical Group (IMG).
When will Will Nihan start his role at IMG?
Will Nihan will join IMG on November 3, 2025.
What experience does Will Nihan bring to IMG?
Will Nihan has extensive experience in driving growth and transformation in the insurance industry.
Who did Will Nihan replace as CEO of IMG?
Will Nihan replaces Adam Hirschfeld, who served as Interim CEO.
What is SiriusPoint’s financial strength rating?
SiriusPoint has an A- (Excellent) financial strength rating from AM Best, S&P, and Fitch.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SPNT Insider Trading Activity
$SPNT insiders have traded $SPNT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SPNT stock by insiders over the last 6 months:
- LA GUERONNIERE RAFE DE sold 30,000 shares for an estimated $586,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SPNT Hedge Fund Activity
We have seen 111 institutional investors add shares of $SPNT stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS removed 1,200,000 shares (-17.4%) from their portfolio in Q2 2025, for an estimated $24,468,000
- GOLDMAN SACHS GROUP INC removed 1,102,751 shares (-52.8%) from their portfolio in Q2 2025, for an estimated $22,485,092
- AMERICAN CENTURY COMPANIES INC added 1,101,899 shares (+29.1%) to their portfolio in Q2 2025, for an estimated $22,467,720
- BLACKROCK, INC. added 976,349 shares (+9.4%) to their portfolio in Q2 2025, for an estimated $19,907,756
- DONALD SMITH & CO., INC. removed 923,472 shares (-11.9%) from their portfolio in Q2 2025, for an estimated $18,829,594
- PRIVATE MANAGEMENT GROUP INC removed 864,487 shares (-19.7%) from their portfolio in Q2 2025, for an estimated $17,626,889
- VICTORY CAPITAL MANAGEMENT INC added 834,708 shares (+30.4%) to their portfolio in Q2 2025, for an estimated $17,019,696
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SPNT Analyst Ratings
Wall Street analysts have issued reports on $SPNT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 07/21/2025
- Oppenheimer issued a "Outperform" rating on 06/26/2025
To track analyst ratings and price targets for $SPNT, check out Quiver Quantitative's $SPNT forecast page.
$SPNT Price Targets
Multiple analysts have issued price targets for $SPNT recently. We have seen 2 analysts offer price targets for $SPNT in the last 6 months, with a median target of $27.5.
Here are some recent targets:
- Randy Binner from B. Riley Securities set a target price of $30.0 on 07/21/2025
- Michael Phillips from Oppenheimer set a target price of $25.0 on 06/26/2025
Full Release
HAMILTON, Bermuda, Oct. 21, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced the appointment of Will Nihan as Chief Executive Officer at International Medical Group (“IMG”). IMG is SiriusPoint’s wholly owned subsidiary and a leader in global insurance benefits and assistance services.
Mr. Nihan joins IMG on 3 November 2025 from Travelex Insurance Services, where he was President and CEO. In his role at Travelex, Mr. Nihan drove top line growth, improved profitability and created a strong performance culture. Prior to joining Travelex, Mr. Nihan was North America Head of Sales and Distribution at Zurich Global Ventures. He has also held senior marketing roles at Prudential Financial and AIG.
Mr. Nihan replaces Adam Hirschfeld who assumed the role of Interim CEO alongside his General Counsel responsibilities in March 2025. Mr Hirschfeld will remain on IMG’s executive team and will work closely with Mr. Nihan to drive IMG’s growth and transformation.
Scott Egan, Chief Executive Officer at SiriusPoint, said: “Will is a seasoned leader, with experience in driving global transformation and growth strategies. He brings strong experience of different products, sectors and geographies. We are excited for the future of IMG, and we are delighted to have Will join the team."
“I would also like to extend my thanks to Adam Hirschfeld for leading IMG over the past seven months. He has done an excellent job and is a hugely valued member of the IMG family, having worked for the company for over 20 years.”
About SiriusPoint
SiriusPoint is a global underwriter of insurance and reinsurance 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 Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, 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. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include, but are not limited to, the parties’ ability to consummate the transaction on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to securing the necessary regulatory approvals and clearances; the impact of general economic conditions and conditions affecting the insurance and reinsurance industry; the adequacy of our reserves; fluctuation in the results of operations; pandemics or other catastrophic events; uncertainty of success in investing in early-stage companies, such as the risk of loss of an initial investment, highly variable returns on investments, delay in receiving return on investment and difficulty in liquidating the investment; our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market and investment income fluctuations; trends in insured and paid losses; regulatory and legal uncertainties; and other risk factors described in SiriusPoint’s Annual Report on Form 10-K for the period ended December 31, 2024. Except as required by applicable law or regulation, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other circumstances after the date of this press release.
Contacts
Investor Relations
Liam Blackledge, SiriusPoint
[email protected]
+44 203 772 3082
Media
Sarah Hills, Rein4ce
[email protected]
+44 7718 882011
