Siriuspoint Ltd

SiriusPoint Ltd. engages in the provision of insurance and reinsurance services. The insurance lines include: Accident and Health, Environmental, Property, Energy, Workers' Compensation, and Aviation and Space. The reinsurance lines include: Marine and Energy, Casualty, Aviation and Space, and Credit and Bond. The company was founded in 1945 and is headquartered in Pembroke, Bermuda.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

SiriusPoint Ltd reports improved underwriting results amidst net loss

SiriusPoint Ltd's Q4 2022 performance showcased improved underwriting results amidst a net loss driven by negative investment outcomes.
The company's focus on underwriting profitability and strategic shifts in premium trends reflect efforts to enhance financial stability and reduce volatility.
While facing challenges in net losses and shifting premium dynamics, SiriusPoint Ltd remains committed to achieving a double-digit return on equity by 2024.
Opportunities for growth lie in optimizing core operations, exploring new revenue streams, and expanding market presence through strategic initiatives.

SiriusPoint Ltd reports profitable Q1 2023, strengthens balance sheet

SiriusPoint Ltd's Q1 2023 performance marked a significant turnaround with a return to profitability and strong underwriting results.
The company's strategic initiatives, including the loss portfolio transfer and partnership renewals, position it well for future growth and efficiency.
Investors can be optimistic about SiriusPoint Ltd's improved financial health and operational focus as it continues to execute its strategic plans.

SiriusPoint reports strong Q2 earnings, focuses on culture transformation

SiriusPoint Ltd demonstrated strong financial performance in Q2 2023, driven by robust underwriting income and cost-saving initiatives.
The company's focus on culture transformation, investment quality, and portfolio simplification positions it well for future growth and stability.
While facing challenges such as sustaining growth and market risks, SiriusPoint has opportunities to optimize performance through strategic initiatives and operational enhancements.

SiriusPoint Ltd achieves first underwriting profit, eyes growth opportunities

SiriusPoint Ltd delivered a strong performance in Q3 2023, marking its first underwriting profit and exceeding investment expectations.
Despite challenges with revised financials, the company's strengths in underwriting income and partnerships position it well for growth.
Opportunities lie in leveraging the positive financial results for expansion and strategic planning, supported by a strong balance sheet.

SiriusPoint reports robust earnings, prioritizes underwriting profits for growth

SiriusPoint's Q4 2023 earnings call highlighted strong financial performance, record net income, and strategic focus on underwriting profits. The company's emphasis on underwriting discipline, cost savings, and partnerships with MGAs positions it well for future growth. Executives are optimistic about delivering sustainable returns to shareholders.

SiriusPoint delivers robust Q1 results, eyes growth opportunities ahead

SiriusPoint's Q1 2024 performance reflects strong underwriting and investment results, supported by improved financial metrics and strategic initiatives. While facing challenges in premium reductions, the company's focus on core business growth and profitability positions it well for the future. Leveraging opportunities from recent transactions and aiming for a competitive return on equity will drive sustained success.

SiriusPoint (SPNT) reports robust Q3 earnings amidst catastrophe challenges

SiriusPoint (SPNT) delivered strong financial performance in Q3 2024.
Despite catastrophe losses, the company maintained profitability and growth.
Strategic initiatives like new partnerships and stock repurchase enhance resilience.
Opportunities exist for continued growth and improved underwriting efficiency.

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SiriusPoint Ltd. engages in the provision of insurance and reinsurance services. It operates through the Reinsurance, and Insurance and Services segments. The Reinsurance segment covers aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property. The Insurance and Services segment involves accident and health, environmental, worker's compensation, and others. The company was founded in 1945 and is headquartered in Pembroke, Bermuda.

HAMILTON, Bermuda, Sept. 21, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its third quarter 2023 financial results after the market close on Wednesday, November 8, 2023. 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 Thursday, November 9, 2023.

SiriusPoint Announces Date for Third Quarter 2023 Earnings Release

WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--Colonial Surety Company, a leading direct and digital insurer, today announced the appointment of Kevin Grzelak as Chief Financial Officer (CFO). In his new role, Grzelak will be responsible for assembling a talented financial team and formulating a comprehensive strategy for exploring potential acquisitions and partnerships. He will also lead the company's strategic expansion initiatives, including capital restructuring designed to support the business' l.

Colonial Surety Company Taps Former SiriusPoint Exec as Chief Financial Officer

HAMILTON, Bermuda, Aug. 09, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has entered into a standstill agreement (the “Agreement”) with Mr Daniel S. Loeb. The entry by the parties into the Agreement follows the conclusion of exploratory discussions related to a potential acquisition of the Company by Mr Loeb.

SiriusPoint and Dan Loeb Enter Standstill Agreement

SiriusPoint Ltd. (NYSE:SPNT ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Dhruv Gahlaut - Head, IR and Chief Strategy Officer Scott Egan - CEO Steve Yendall - CFO Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the SiriusPoint Limited Second Quarter 2023 Earnings Call.

SiriusPoint Ltd. (SPNT) Q2 2023 Earnings Call Transcript

HAMILTON, Bermuda, Aug. 02, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its second quarter ended June 30, 2023.

SiriusPoint reports 84.4% Combined ratio for its Core operations at Q2'23 with Net Income up $483m from half year 2022

Arlington Asset Investment

Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

Annaly Capital

Saratoga Investment

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds were down on the week as higher Treasury yields took their toll. We discuss some of the differences between preferreds and funds with a case study of floating-rate NLY.PF and JBBB.

Preferreds Weekly Review: Preferreds Vs. Fund Considerations

HAMILTON, Bermuda, July 12, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its second quarter 2023 financial results after the market close on Wednesday, August 2, 2023. 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 Thursday, August 3, 2023.

SiriusPoint Announces Date for Second Quarter 2023 Earnings Release

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.

SiriusPoint Appoints Thomas Leonardo As Global Head of Accident & Health

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.

SiriusPoint Appoints Linda Lin as Chief Legal Officer

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.

Bronek Masojada appointed Chair of SiriusPoint

SiriusPoint, a global underwriter of insurance and reinsurance products, offers an attractive investment opportunity in its preferred stock for income-oriented investors. The company's Series B preferred shares, currently trading at $23.07 with a liquidation preference of $25, offer an 8% annual payout and additional potential upside of 8.4%.

SiriusPoint's Preferred Units Are Compelling

The stock of specialty insurer and reinsurer SiriusPoint Ltd. slid 9.4% Friday, after Dan Loeb's hedge fund Third Point Management said it's no longer exploring an acquisition of the company.

SiriusPoint's stock slides 9.4% after Dan Loeb's Third Point scraps plan to acquire Bermuda-based insurer

Acknowledges Dan Loeb's Decision to Conclude Transaction Discussions HAMILTON, Bermuda, May 12, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today acknowledged the decision by Daniel Loeb and certain affiliates to conclude discussions regarding a potential transaction to acquire the Company.

SiriusPoint Special Committee of Board Reiterates Unanimous Support for Company's Strategy

Necessity Retail REIT

Don't gamble away your financial future with the “promises” that highly speculative investments offer. Mr. Warren Buffett has in the past warned investors to stay away from Cryptocurrencies and very recently reiterated his same views.

Buffett Says Don't Gamble With Bitcoin. 2 Preferreds To Buy Instead

SiriusPoint Ltd. (NYSE:SPNT ) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Dhruv Gahlaut - Head, IR and Chief Strategy Officer Scott Egan - CEO Steve Yendall - CFO Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the SiriusPoint Ltd First Quarter 2023 Earnings Conference Call.

SiriusPoint Ltd. (SPNT) Q1 2023 Earnings Call Transcript

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.

SiriusPoint Appoints Insurance Industry Veteran Bronek Masojada to Board of Directors

HAMILTON, Bermuda, May 03, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its first quarter ended March 31, 2023.

SiriusPoint Reports 80.5% Combined Ratio for its Core Operations at Q1 2023 with Net Income Up $358m Year On Year

As Warren Buffet says, buy when others are fearful. I will make the case that the level of fear is unwarranted and that this preferred stock is a great value. The fear is that Dan Loeb “might” buy SiriusPoint. I will discuss what happens if he does and what happens if he doesn't and debunk these fears.

SiriusPoint Preferred 'B' May Be The Best Preferred Stock In The Market

First Horizon National

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Some TruPS Dinosaurs Refuse To Go Extinct

HAMILTON, Bermuda, April 19, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced that it is planning to release its first quarter 2023 financial results after the market close on Wednesday, May 3, 2023. 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 Thursday, May 4, 2023.

SiriusPoint Announces Date for First Quarter 2023 Earnings Release

Shares of SiriusPoint (US:SPNT) look set to extended Wednesday's more-than-10% gain as investors mull the potential of Third Point LLC acquiring the company.

Dan Loeb's Third Point Explores Potential Acquisition of SiriusPoint, Two Years After Its Listing

Hedge fund manager Dan Loeb is considering taking over reinsurer SiriusPoint. Loeb already owns 9.3% of the company and is a board member.

Why SiriusPoint Rose 10% Today

SiriusPoint Inc. SPNT shares added to their gains late Wednesday after the insurance company said Daniel Loeb's hedge fund Third Point was considering a potential purchase, following his acknowledgement of a large stake earlier in the day. SiriusPoint shares rose as much as 2% after hours, following a 10% rally to close the regular session at $9.20.

SiriusPoint stock adds to 10% boost after hours on Third Point interest

HAMILTON, Bermuda, April 12, 2023 (GLOBE NEWSWIRE) -- Today SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) has acknowledged an indication of interest from Third Point LLC and certain of its affiliates (“Third Point”), disclosed in a Schedule 13D/A filing earlier today, to explore a potential acquisition of all, or substantially all, of the outstanding Common Shares of the Company.

SiriusPoint Acknowledges Indication of Interest from Third Point

Capital One

Warren Buffett has always been greedy when investors are fearful. Mr. Buffett's dealmaking during troubled times often involves a hefty "waiting fee."

News for Siriuspoint Ltd Stock (SPNT)