0001576018false00015760182026-03-252026-03-250001576018us-gaap:CommonStockMember2026-03-252026-03-25
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): November 3, 2026 (November 3, 2026)
SIRIUSPOINT LTD.
(Exact name of registrant as specified in its charter)
| | | | | | | | | | | | | | |
| | | | |
| Bermuda | | 001-36052 | | 98-1599372 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (I.R.S. Employer
Identification No.) |
Point Building
3 Waterloo Lane
Pembroke HM 08 Bermuda
(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 |
| Common Shares, $0.10 par value | SPNT | New York Stock Exchange |
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 November 3, 2026, SiriusPoint Ltd. (“Company”) announced the appointment of John Sauerland to serve on the Board of Directors of the Company, effective January 1, 2027. As a Class I director, he will hold office for a term equal to the remaining term of the Class I directors (i.e., until the annual general meeting of shareholders of the Company to be held in 2029), or if earlier, until his death, resignation or removal.
Mr. Sauerland has more than 35 years of insurance industry experience, following a long career at Progressive Insurance, where he most recently served as Chief Financial Officer. He also brings extensive governance experience, having served on the boards of Beazley, FedEx Freight, the Cleveland Museum of Art, and the Greater Cleveland Food Bank.
The Board has determined that Mr. Sauerland 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 he qualifies as an “audit committee financial expert,” as such term is defined in Item 407(d)(5) of Regulation S-K.
Mr. Sauerland has not yet been appointed to any committees of the Board. The Company will file an amendment to this Current Report on Form 8-K to disclose his committee appointments when determined. For services on the Board, he 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, 2026.
The Company also entered into an indemnification agreement and a director service agreement with Mr. Sauerland, each in the same form as is standard for the Company's other directors.
There are no arrangements or understandings between Mr. Sauerland and any other person pursuant to which he was named a director of the Company. Mr. Sauerland 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. Mr. Sauerland has not entered into any other material plan, contract, arrangement or amendment in connection with his appointment to the Board.
Mr. Sauerland is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
On November 3, 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 |
| | | | | |
| |
| Exhibit No. | Description |
| 99.1 | |
| 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: November 3, 2026 | | /s/ Linda S. Lin |
| | Name: | Linda S. Lin |
| | Title: | Chief Legal Officer & Corporate Secretary |
| | | |