SIRIUSPOINT LTD FILES (8-K) Disclosing Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits

Item 5.02         Departure of Directors or Certain Officers; Election of Directors;
                  Appointment of Certain Officers; Compensatory Arrangements of Certain
                  Officers.

On October 7, 2022, David Junius, Chief Financial Officer of SiriusPoint Ltd.
(the "Company"), notified the Company of his intent to resign from the Company,
effective October 21, 2022.

On October 12, 2022, the Company announced the appointment of Steve Yendall as
Chief Financial Officer of the Company. Mr. Yendall's start date is expected to
be on or about October 31, 2022 (the "Effective Date").

Mr. Yendall, age 47, previously served as the Managing Director of Guy Carpenter
Inc., a company providing global risk and reinsurance solutions and a subsidiary
of Marsh & McLennan Companies, Inc. He served in this role from 2021 through
2022. Prior to this role, he served as the Chief Financial Officer and Chief
Operating Officer of RSA Canada Group ("RSA"), a Canadian general insurer
distributing home, auto, business, marine and travel insurance products, from
2018 through 2021. Prior to joining RSA, Mr. Yendall was a Partner at Ernst &
Young LLP ("E&Y"), a public accounting firm, where he focused on insurance
clients, from 2016 through 2018. Prior to his role at E&Y, Mr. Yendall served as
Vice President of Insurance & Licensing at Insurance Corporation of British
Columbia from 2014 through 2016. Mr. Yendall holds a BA from the University of
Waterloo.

In connection with Mr. Yendall's appointment as Chief Financial Officer of the
Company, Mr. Yendall and the Company entered into an employment letter setting
out the terms and conditions of his employment (the "Employment Letter").
Pursuant to the Employment Letter, Mr. Yendall is entitled to receive (a) an
annual base salary of $682,320 CAD, (b) a target annual bonus opportunity of
100% of his base salary, and (c) starting with the 2023 regular award cycle, an
annual long-term incentive award having a value equal to 200% of his base
salary. For 2023, Mr. Yendall's annual bonus will be guaranteed at 100% of his
target amount. Mr. Yendall will also be paid a lump sum sign-on bonus of
$320,000 CAD.

As an inducement for Mr. Yendall to accept his employment with the Company,
within sixty days of the Effective Date, Mr. Yendall will be granted (i) an
award of restricted share units covering Company common shares with a grant date
value of $132,000 USD (the "Make Whole RSUs") and (ii) an award of restricted
share units covering Company common shares with a grant date value of $500,000
USD (the "New Hire RSUs"). The Make Whole RSUs will vest ratably in three equal
installments on November 15, 2022, November 15, 2023, and November 15, 2024,
subject to Mr. Yendall's continued services to the Company through each such
vesting date. The New Hire RSUs will vest ratably on the first, second and third
anniversaries of the Effective Date, subject to Mr. Yendall's continued services
to the Company through each such vesting date. In addition, on the Effective
Date, Mr. Yendall will be granted (i) options to purchase 100,000 common shares
of the Company with an exercise price of $8.00 USD, which shall vest and become
exercisable when the closing price of Company's common shares reaches $8.00 USD
and (ii) options to purchase 100,000 common shares of the Company with an
exercise price of $10.00 USD, which shall vest and become exercisable when the
closing price of the Company's common shares reaches $10.00 USD.

The foregoing description of the terms of the Employment Letter does not purport
to be complete and is subject to, and qualified in its entirety by, the full
text of the Employment Letter, which is filed as Exhibit 10.1 to this Current
Report on Form 8-K, and is incorporated by reference herein.

Item 7.01 Regulation FD Disclosure

On October 12, 2022, the Company issued a press release announcing the
leadership transition. A copy of the press release is attached to this Current
Report on Form 8-K and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on Form
8-K, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), or otherwise subject to the liabilities of that Section, and
shall not be deemed to be incorporated by reference into any filing of the
Company under the Securities Act of 1933, as amended, or the Exchange Act,
except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

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Exhibit No.                 Description

10.1                          Employment Letter, dated as of October 7, 2022  .
99.1                          Press Release, dated as of October 12, 2022, issued by SiriusPoint
                            Ltd  .
104                         Cover Page Interactive Data File (embedded within the Inline XBRL
                            document)

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