Sirius International Representative Office in Shanghai, China

9/4/2017

STOCKHOLM, Sweden, September 4, 2017– Sirius International Insurance Corporation (publ) is pleased to announce that regulatory approval has been granted to open their representative office in Shanghai, China.

Monica Cramér Manhem, President & CEO, Sirius International says:” China is an important part of Sirius’s future growth strategy, and the Chinese market is experiencing rapid expansion and development both domestically and internationally. We are confident that our local presence in China will enable us to further improve the support and service we provide to our local customers and cedants today. We believe that the establishment of our Representative office also shows our commitment to address the needs of our clients and to provide first class solutions and products to Chinese companies through our capacity and world-wide network.

Today, Sirius International successfully provides reinsurance solutions primarily through our Singapore branch. The establishment of the Shanghai Rep Office will provide important support and contribution locally to Singapore and our other operations. Our owner, CMIG International is committed to fully supporting the business development of Sirius Insurance Group through its extensive local and international resources and network. Sirius Group are excited about the prospects that this new step in our development will provide.

For questions regarding this announcement, please contact:

Monica Cramér Manhem
President & CEO
Sirius International Insurance Corporation (publ)
+46 8 458 55 00

Sirius International Insurance Corporation (Publ) (“Sirius International”) - An international (re)insurer based in Sweden focused on property and other short-tail lines of business. Sirius International is the largest reinsurance company in Scandinavia and a leading reinsurer in the European markets. Sirius International’s head office is located in Stockholm with offices in Bermuda, Hamburg, Liège, London, Singapore and Zürich. Sirius International is a fully owned subsidiary of Sirius International Insurance Group in Bermuda.

Sirius International Insurance Group, Ltd. (“Sirius Group”) is an international, multi-billion dollar company with worldwide interests in insurance and reinsurance. A subsidiary of CMIG International, Sirius Group is a Bermuda based holding company with (re)insurance operating companies in Bermuda, Stockholm, New York and London. Utilizing disciplined and professional underwriting, superior risk evaluation and best-in-class pricing technology, Sirius Group’s subsidiaries provide multiline (re) insurance capacity in over 140 countries. Additional information is available at Sirius Group's web site located at http://www.siriusgroup.com/.

CMIG International is a subsidiary of CMIG with a core focus on overseas investments. CMIG International is registered in December 2014 in Singapore, with its strong resource integrating capacity, forward-looking industrial innovation and professional management competency, CMIG International is evolving into an international financial and insurance investment group. This is facilitated via progressive globalization in Chinese and Asian enterprises and the increasing demand for financial services.

© 2018 Sirius International Insurance Group Ltd. All Rights Reserved.

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