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 g ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36052 SIRIUSPOINT LTD. (Exact name of registrant as specified in its charter) Bermuda 98-1599372 (State or other ...

SiriusPoint Ltd. (NYSE:SPNT) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Dhruv Gahlaut - Head of Investor Relations and Chief Strategy Officer Scott Egan - Chief Executive Officer Steve Yendall - Chief Financial Officer Operator Good morning, ladies and gentlemen, and welcome to SiriusPoint's First Quarter 2024 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode. As a reminder, this conference call is being recorded and a replay i ...

SiriusPoint Ltd. Financial Supplement March 31, 2024 (UNAUDITED) This financial supplement is for informational purposes only. It should be read in conjunction with documents filed with the Securities and Exchange Commission by SiriusPoint Ltd., including the Company's Quarterly Report on Form 10-Q. Point Building Dhruv Gahlaut - Head of Investor Relations and Chief Strategy Officer 3 Waterloo Lane Tel: (044) 20 3772 3111 Pembroke HM 08 Email: investor.relations@siriuspt.com Bermuda Website: www.siriuspt.co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 For the transition period from to Commission File Number 001-36052 SIRIUSPOINT LTD. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Point Building 3 Waterloo Lane +1 (441) 542-3300 Pembroke, B ...

• As a percentage of tangible common shareholders' equity4: • Below investment grade / non-rated represents 3% (vs. Q3'23: 7%) • Overall asset duration increased to ~2.8 years up from ~2.7 years at Q3'23 (~1.8 years at Q4'22) Notes: [1] Other includes Strategics, TP Ventures and Legacy & Other Alts. [2] Third Point Enhanced Fund. [3] Excludes short-term investments. [4] Tangible diluted common shareholders' equity attributable to SiriusPoint common shareholders. [5] Total asset leverage calculated as sum of ...

SiriusPoint Ltd. (NYSE:SPNT) Q4 2023 Earnings Conference Call February 21, 2024 8:30 AM ET Company Participants Sarah Singh - VP, IR Scott Egan - CEO Steve Yendall - CFO Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the SiriusPoint Limited Fourth Quarter and Full Year 2023 Financial Results Conference Call. During today's presentation, all parties will be in listen only mode. As a reminder, this conference call is being recorded and a replay is available through 11 ...

SiriusPoint Ltd. Financial Supplement December 31, 2023 (UNAUDITED) This financial supplement is for informational purposes only. It should be read in conjunction with documents filed with the Securities and Exchange Commission by SiriusPoint Ltd., including the Company's Annual Report on Form 10-K. Point Building Dhruv Gahlaut - Head of Investor Relations and Chief Strategy Officer 3 Waterloo Lane Tel: (044) 20 3772 3111 Pembroke HM 08 Email: investor.relations@siriuspt.com Bermuda Website: www.siriuspt.co ...

SIRIUSPOINT LTD. – A GLOBAL UNDERWRITER 2023 Nine Months and Third Quarter Results Disclaimer Unless the context otherwise indicates or requires, as used in this presentation references to "we," "our," "us," the "Company," and "SiriusPoint" refer to SiriusPoint Ltd. and its directly and indirectly owned subsidiaries, as a combined entity, except where otherwise stated or where it is clear that the terms mean only SiriusPoint Ltd. exclusive of its subsidiaries. We have made rounding adjustments to reach some ...

Financial Data and Key Metrics Changes - SiriusPoint reported a net income of $245 million for the first nine months of 2023, a significant increase of $621 million compared to the previous year, which was impacted by negative investment returns and higher catastrophe losses [27] - The company achieved its first-ever underwriting profit in Q3 2023, with underwriting profits of $43 million and a combined ratio improvement of 19 points year-over-year to 94.8% [31] - The book value per share remained stable at $12.11 during the quarter, with a 3% increase in shareholders' equity when adjusted for AOCI [32] Business Line Data and Key Metrics Changes - Core underwriting results improved significantly, with underwriting profits of $213 million for the first nine months, benefiting from $102 million of reserve redundancy linked to a loss portfolio transfer [28] - Gross premiums written for the core business increased by 3%, driven by a rise in insurance and services, while reinsurance premiums decreased by $202 million due to portfolio restructuring [29] - Capital light net services fee income rose by 11% to $38 million, with service revenues up 7% year-over-year and margins increasing to 21% [29] Market Data and Key Metrics Changes - Average rate increases for the portfolio were around 7% in Q3, with U.S. property catastrophe rates remaining strong at 20% [33] - The company has seen a significant reduction in catastrophe losses, with core business cat losses down to $14 million year-to-date compared to $138 million in the same period last year [28] Company Strategy and Development Direction - The company is focused on building a strong unified culture and aims to be a best-in-class insurer reinsurer, prioritizing underwriting profits over premium growth in 2024 [9][24] - SiriusPoint launched the SiriusPoint International MGA Center of Excellence to enhance onboarding for new MGA partners, reflecting a commitment to operational efficiency and quality [19] - The company is reducing the number of equity stakes in MGAs to concentrate on fewer, deeper relationships, having sold seven stakes since the start of the year [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the progress made over the past 12 months and emphasized the importance of continued improvement in 2024 [24] - The company acknowledged the challenges in the market but remains committed to achieving a double-digit return on average common equity for the full year [37] - Management highlighted the need for transparency and accuracy in financial reporting, which led to revisions in the 2023 interim financials [12] Other Important Information - The company has implemented additional controls to ensure the accuracy of net premiums calculations following a manual calculation error [12] - Investment results were strong, with total investment income of $208 million, driven by net investment income of $205 million [29] Summary of Q&A Session No Q&A session for this event