SiriusPoint Ltd.

SiriusPoint Reports Third Quarter 2026 Results and Announces LPT on Remaining Run-Off Reserves

SiriusPoint reported Q3 2026 net income of $87 million ($0.74 diluted EPS) with operating EPS up 19% to $0.88 and operating ROE of 17.6%, above its 12-15% target. Core gross written premium grew 14% to $990.6 million, driven by 20% growth in Insurance & Services, while the core combined ratio came in at 90.1% and nine-month net income rose 25% to $255 million. The company also announced a loss portfolio transfer with RiverStone covering substantially all remaining run-off reserves, expected to unlock over $200 million of capital, subject to regulatory approval. Beginning Q4 2026, SiriusPoint will realign reporting into Accident & Health (over $1 billion of premiums) and Specialty P&C segments, replacing Insurance & Services and Reinsurance.

•3d ago

SiriusPoint Reports Second Quarter 2026 Net Income of $69m, Return on Equity of 12.0% and Operating Return on Equity of 13.8%

SiriusPoint reported Q2 net income of $69 million, or $0.58 per diluted share, with an annualized return on equity of 12.0% and operating return on equity of 13.8%. The company posted a half-year core combined ratio of 90.1%, a 2.3 point improvement versus the prior year, driven by disciplined underwriting and lower catastrophe losses. Capital management remains a focus, with $95 million of common shares repurchased year-to-date, totaling $295 million in capital returned in 2026, while book value per share (ex. AOCI) grew 3% in the quarter to $19.48.

•3mo ago

SiriusPoint Appoints Emily Yoo as Chief Operating Officer

SiriusPoint appointed Emily Yoo as Chief Operating Officer, a newly created role effective August 10, 2026. She will join the Executive Leadership Team with responsibility for Technology, Claims, Transformation and operational excellence. Ms. Yoo previously led global operations, technology and transformation within Zurich's travel insurance business. Her prior experience also includes roles at Bain, Deloitte, and Tokio Marine. The company stated the creation of this role reflects its continued focus on strengthening and enhancing performance across the business.

•3mo ago

SiriusPoint Launches Fine Art & Specie Offering with Appointment of Mark Aspinall

SiriusPoint launched a new Fine Art & Specie offering and appointed Mark Aspinall as Head of the team, effective January 2027. Aspinall brings over 35 years of experience from the Lloyd’s and London markets to build a disciplined portfolio of high-value asset risks. The move complements adjacent Marine classes and follows the recent hiring of the Crisis Solutions leadership team as part of SiriusPoint's specialty growth strategy.

•4mo ago

SiriusPoint Strengthens London Market Specialty Division with Launch of Crisis Solutions Platform and Senior Appointments

SiriusPoint launched a new Crisis Solutions class of business within its London Market Specialty division, focusing on war, political violence, and terrorism risks. The company appointed Paul Beattie and Ed Winter as joint Heads of Crisis Solutions, effective December 1, 2026, leveraging their deep underwriting expertise from Markel and Talbot Underwriting. The new offering will be written through SiriusPoint Syndicate 1945 at Lloyd’s, aiming to capitalize on growing demand for crisis protection in a complex geopolitical environment.

•5mo ago

SiriusPoint Reports First Quarter 2026 Net Income of $100m, Return on Equity of 17.4% and Operating Return on Equity of 15.3%

SiriusPoint reported Q1 net income of $100 million, or $0.82 per diluted share, with operating EPS jumping 37% year-over-year to $0.70. The Core combined ratio improved 6.5 points to 88.9%, driven by decreased catastrophe losses, while the annualized operating ROE reached 15.3%. The company returned $242 million to shareholders in the quarter, including $42 million in share repurchases, and increased its full-year buyback authorization to $174 million.

•6mo ago

S&P upgrades SiriusPoint’s Insurance Subsidiaries to ‘A’ based on consistent robust earnings and strength of capital position

S&P Global Ratings upgraded SiriusPoint’s core insurance subsidiaries to ‘A’ from ‘A-’ and the holding company to ‘BBB+’ from ‘BBB’, marking the company’s third ratings upgrade this year. The agency cited SiriusPoint’s de-risking strategy, consistent earnings performance, and strengthened capital position as key drivers for the upgrade. Specific strategic actions recognized include the retirement of $200 million of preference shares, reduced catastrophe exposure, and the full repurchase of shares held by CM Bermuda Limited.

•6mo ago