SiriusPoint Ltd. provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal and and commercial automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and cyber, marine, travel, and extended warranty reinsurance products. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.
IPO Year: 2013
Exchange: NYSE
Website: siriuspt.com
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HAMILTON, Bermuda, Feb. 18, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its fourth quarter ended December 31, 2024 Combined ratio of 90.2% in the fourth quarter for Core business, representing a 3.2 point improvement versus prior year, resulting in a full year 2024 Core combined ratio of 91.0% and Core underwriting income of $200 millionGrowth in the quarter of 21% on gross premiums written for continuing lines business (excluding 2023 exited programs), contributing to 10% growth for the full yearFourth quarter net loss of $21 million, materially impacted by three significant items linked to our efforts to reposition t
HAMILTON, Bermuda, Feb. 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE:SPNT) ("SiriusPoint" or the "Company") today announced that it is planning to release its fourth quarter and full year 2024 financial results after the market close on Tuesday, February 18, 2025. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Wednesday, February 19, 2025. The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company's website at www.siriuspt.com. The online replay of the webcast will be available on the Company's website immediately following
HAMILTON, Bermuda, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has today announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. has approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to February 28, 2025 to Series B shareholders of record as of February 13, 2025. About SiriusPoint SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered w
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its third quarter ended September 30, 2024 Third quarter net income of $5 million, impacted by completion of the previously announced CMIG shareholder transaction. Underlying net income1 of $89 million, up 69% versus prior year driven by higher underwriting and investment incomeCombined ratio of 88.5% in the third quarter for Core business, representing a 4 point improvement versus prior year, resulting in a year to date core combined ratio of 91.1% and core underwriting income of $144 millionGrowth in the quarter of 10% on gross premiums written f
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to November 30, 2024 to Series B shareholders of record as of November 15, 2024. About SiriusPoint SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquart
HAMILTON, Bermuda, Oct. 17, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE:SPNT) ("SiriusPoint" or the "Company") today announced that it is planning to release its third quarter 2024 financial results after the market close on Thursday, October 31, 2024. The Company will also hold a webcast, which can be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Friday, November 1, 2024. The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company's website at www.siriuspt.com. The online replay of the webcast will be available on the Company's website immediately following the call. The conferen
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on August 30, 2024 to Series B shareholders of record as of August 15, 2024. 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
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its second quarter ended June 30, 2024 Half year core combined ratio of 92.5%, or 92.8% ex. LPT, representing a 1.0 point improvement versus prior yearStrong growth in the quarter of 22% on gross written premiums for continuing lines business (excluding 2023 exited programs), contributing to 6% growth for the half yearHalf year core underwriting income of $81 million, or $78 million ex. LPT, up 11% on prior yearBalance sheet further strengthened with Q2'24 BSCR estimate at 284%Headline annualized ROE of 16.7% at half year, with underlying ROE adjus
HAMILTON, Bermuda, July 18, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE:SPNT) ("SiriusPoint" or the "Company") today announced that it is planning to release its second quarter 2024 financial results after the market close on Thursday, August 1, 2024. The Company will also hold a webcast, which can be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Friday, August 2, 2024. The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company's website at www.siriuspt.com. The online replay of the webcast will be available on the Company's website immediately following the call. The conference
HAMILTON, Bermuda, April 30, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its first quarter ended March 31, 2024. Strong start to 2024. Core combined ratio of 91.4%, 5% improvement versus prior year excluding the loss portfolio transfer, and 2.2% growth in book value per diluted share to $13.64Debt restructuring completed. Financial leverage will further reduce by approximately 2.5 pointsImproved Q4'23 BSCR estimate of 255%. Approximately 20% improvement to come in the second quarter as a consequence of the debt restructuringROE guidance of 12-15% during the medium-term. Q1 performance on track Scott Egan, Chief Execut
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HAMILTON, Bermuda, Feb. 18, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its fourth quarter ended December 31, 2024 Combined ratio of 90.2% in the fourth quarter for Core business, representing a 3.2 point improvement versus prior year, resulting in a full year 2024 Core combined ratio of 91.0% and Core underwriting income of $200 millionGrowth in the quarter of 21% on gross premiums written for continuing lines business (excluding 2023 exited programs), contributing to 10% growth for the full yearFourth quarter net loss of $21 million, materially impacted by three significant items linked to our efforts to reposition t
HAMILTON, Bermuda, Feb. 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE:SPNT) ("SiriusPoint" or the "Company") today announced that it is planning to release its fourth quarter and full year 2024 financial results after the market close on Tuesday, February 18, 2025. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Wednesday, February 19, 2025. The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company's website at www.siriuspt.com. The online replay of the webcast will be available on the Company's website immediately following
HAMILTON, Bermuda, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has today announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. has approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to February 28, 2025 to Series B shareholders of record as of February 13, 2025. About SiriusPoint SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered w
HAMILTON, Bermuda, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint") (NYSE:SPNT), a global specialty insurer and reinsurer, announced today it has entered into an agreement to repurchase all SiriusPoint common shares and warrants held by CM Bermuda Limited ("CM Bermuda") for an aggregate purchase price of $733 million. Following the closing of the repurchase transaction, CM Bermuda will have no remaining ownership interest in SiriusPoint and will cease to have any representation on, or observer rights with respect to, SiriusPoint's board of directors. The payment will be made by SiriusPoint in two tranches with the first payment of $250 million made today. The closing of
HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint") (NYSE:SPNT), a global specialty insurer and reinsurer, has today announced changes to its Chief Underwriting Office leadership to support plans for further growth and profitability in 2025. From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer and will join the Executive Leadership Team. David Govrin will now focus entirely on his role as Group President and Chief Executive Officer of Global Reinsurance. Mr. Govrin has held the dual role of Group President and Chief Underwriting Officer and Global Profit and Loss (P&L) Lead for Reinsurance since Februar
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its third quarter ended September 30, 2024 Third quarter net income of $5 million, impacted by completion of the previously announced CMIG shareholder transaction. Underlying net income1 of $89 million, up 69% versus prior year driven by higher underwriting and investment incomeCombined ratio of 88.5% in the third quarter for Core business, representing a 4 point improvement versus prior year, resulting in a year to date core combined ratio of 91.1% and core underwriting income of $144 millionGrowth in the quarter of 10% on gross premiums written f
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to November 30, 2024 to Series B shareholders of record as of November 15, 2024. About SiriusPoint SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquart
HAMILTON, Bermuda, Oct. 17, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE:SPNT) ("SiriusPoint" or the "Company") today announced that it is planning to release its third quarter 2024 financial results after the market close on Thursday, October 31, 2024. The Company will also hold a webcast, which can be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Friday, November 1, 2024. The webcast of the live conference call can be accessed by logging onto the Investor Relations section of the Company's website at www.siriuspt.com. The online replay of the webcast will be available on the Company's website immediately following the call. The conferen
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on August 30, 2024 to Series B shareholders of record as of August 15, 2024. 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
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its second quarter ended June 30, 2024 Half year core combined ratio of 92.5%, or 92.8% ex. LPT, representing a 1.0 point improvement versus prior yearStrong growth in the quarter of 22% on gross written premiums for continuing lines business (excluding 2023 exited programs), contributing to 6% growth for the half yearHalf year core underwriting income of $81 million, or $78 million ex. LPT, up 11% on prior yearBalance sheet further strengthened with Q2'24 BSCR estimate at 284%Headline annualized ROE of 16.7% at half year, with underlying ROE adjus
HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint") (NYSE:SPNT), a global specialty insurer and reinsurer, has today announced changes to its Chief Underwriting Office leadership to support plans for further growth and profitability in 2025. From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer and will join the Executive Leadership Team. David Govrin will now focus entirely on his role as Group President and Chief Executive Officer of Global Reinsurance. Mr. Govrin has held the dual role of Group President and Chief Underwriting Officer and Global Profit and Loss (P&L) Lead for Reinsurance since Februar
HAMILTON, Bermuda, May 28, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has today announced the appointment of Susan Cross as Board Director, effective May 24, 2024. Susan takes up a new role on the SiriusPoint Board, bringing the total number of members to 10. Susan has over 40 years of experience in the (re)insurance industry, with a focus on developing and leading actuarial and analytical functions to support global growth. She has been a Director of Enstar Group Limited (Enstar) since October 2020, and prior to that served as Executive Vice President and Global Chief Actuary at XL Group (now AXA XL),
HAMILTON, Bermuda, May 23, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024. Throughout his 20+ year career, Jim has established a track record as a publicly listed CFO and for creating high performing finance functions. He has also played an instrumental role in leading companies through transformations to position them well for growth. Jim will report to Chief Executive Officer, Scott Egan, as a member of SiriusPoint's Executive Leadership Team. Commenting on his appointment, Scott said: "Jim's deep and bro
HAMILTON, Bermuda, July 12, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has appointed Thomas Leonardo as Global Head of Accident & Health (A&H), effective immediately. Previously Senior Vice President and US Head of A&H, Mr Leonardo has served on SiriusPoint's Executive Leadership Team since July 2022. His appointment to a global role follows the departure from the business of Stuart Liddell, Global President, A&H, who spent over twenty years with the business. SiriusPoint CEO, Scott Egan said, "Tom is already a key member of our Executive Leadership Team. I am delighted that he is stepping up to provid
HAMILTON, Bermuda, June 29, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has appointed Linda Lin as Chief Legal Officer, effective July 24th, 2023. Ms Lin will join SiriusPoint's Executive Leadership Team (ELT), reporting to CEO Scott Egan. She will be based in New York. Jimmy Yang, who stepped into the role of Interim General Counsel in February 2023, will work closely with Ms Lin to ensure a seamless handover and transition. Mr Egan commented: "As a highly experienced General Counsel with a broad legal background in the re/insurance and listed environments, I have no doubt that Linda will be an enormou
HAMILTON, Bermuda, June 02, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has announced the appointment of Bronek Masojada as Chair of the Company's Board of Directors, effective immediately. Mr Masojada, who joined the board on May 2 this year, is an insurance market veteran with over 30 years' leadership experience in the industry. Sharon Ludlow, who joined the board in February 2021 and has been interim Chair since May 2022, will continue to serve as a Non-Executive Director. Ms. Ludlow also remains Chair of SiriusPoint's Audit Committee. Mr Masojada commented: "It is an honor to take on the role of Ch
HAMILTON, Bermuda, May 03, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, today announced that it has appointed Bronek Masojada to the Company's Board of Directors, effective May 2, 2023. An insurance industry veteran, Mr. Masojada brings to the SiriusPoint board nearly 30 years of public company executive leadership experience. Mr. Masojada spent 28 years at Hiscox Group, a global specialist insurer and reinsurer, including more than two decades as its Chief Executive Officer. Mr. Masojada also brings a wealth of experience in driving growth and optimizing operations. Under his leadership, Hiscox significa
HAMILTON, Bermuda, Oct. 12, 2022 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has announced the appointment of Steve Yendall as Chief Financial Officer, effective October 31, 2022. Steve, who brings twenty-five years of re/insurance industry experience to SiriusPoint, will report to Chief Executive Officer, Scott Egan, as a member of SiriusPoint's Executive Leadership Team. Scott Egan commented: "Steve has an accomplished financial background with considerable experience in the Property & Casualty insurance industry. He also has a strong track record of leading successful transformational change - he will be
HAMILTON, Bermuda, March 02, 2022 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has announced the appointment of Jason Robart to the SiriusPoint Board of Directors (the "Board"), as an Independent Director, effective 1 March 2022. Sid Sankaran, Chairman and Chief Executive Officer commented: "I am delighted to welcome Jason to the SiriusPoint Board. He has outstanding credentials in financial services and human capital, and as a venture capitalist, a history of supporting entrepreneurial strategy to promote innovation and fundamental social change." Mr. Robart is the co-founder and managing partner of Seae Ven
HAMILTON, Bermuda, Nov. 18, 2021 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a global specialty insurer and reinsurer, has appointed Andreas Kull as Chief Risk Officer (CRO), effective March 1, 2022. As Chief Risk Officer, Mr. Kull will be responsible for overseeing SiriusPoint's enterprise-wide risk management strategy as SiriusPoint continues to strengthen its culture of underwriting excellence with an appropriate risk appetite in an evolving landscape of risks. Based in Zurich, Switzerland, he will be a member of the Executive Leadership team, reporting to Chief Executive Officer, Sid Sankaran. Mr. Kull joins from Bernina Re, where he served as Ch