SiriusPoint to sell 49% equity stake in Arcadian Risk Capital for $139M

Core Viewpoint - SiriusPoint (SPNT) has agreed to sell its 49% equity stake in Arcadian Risk Capital to Lee Equity Partners for a total consideration of $139 million, which includes a pre-close dividend [1] Group 1: Transaction Details - The sale will result in a pre-tax gain of $25 million to $30 million for SiriusPoint, in addition to a previously recognized gain of $96 million in Q2 2024 [1] - Arcadian Risk Capital generated $17.6 million in EBITDA [1] - The transaction is expected to close before the end of Q1 2026, pending regulatory approvals and customary closing conditions [1] Group 2: Capacity Agreement - SiriusPoint has renewed and extended its capacity agreement with Arcadian until the end of 2031 [1]