SiriusPoint (SPNT)
Market Price (10/6/2026): $24.96 | Market Cap: $2.9 BilSector: Financials | Industry: Reinsurance
SiriusPoint (SPNT)
Market Price (10/6/2026): $24.96Market Cap: $2.9 BilSector: FinancialsIndustry: Reinsurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 9.3% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -79% Low stock price volatilityVol 12M is 28% Megatrend and thematic driversMegatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds. | Key risksSPNT key risks include [1] significant underwriting losses from catastrophic events, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 9.3% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -79% |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds. |
| Key risksSPNT key risks include [1] significant underwriting losses from catastrophic events, Show more. |
Qualitative Assessment
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SiriusPoint (SPNT) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Mixed Q2 2026 Financial Results and Strategic Portfolio Adjustments.
SiriusPoint reported mixed financial results for the second fiscal quarter of 2026 (ended June 30, 2026), contributing to a stable stock performance. The company announced net income available to common shareholders of $69 million and operating earnings per share of $0.58, which translated to $0.67 per share, beating analysts' consensus estimates of $0.65 by $0.02. However, revenue for the quarter was $744.10 million, falling short of analyst expectations of $798.95 million. Despite the revenue miss, SiriusPoint achieved a core combined ratio of 91.4% for Q2 2026 and an operating return on equity of 14.7% for the first half of the year, which is at the upper end of its 12-15% target range. The company also reported a 15% growth in its Insurance & Services gross written premiums while strategically reducing Reinsurance premiums by 9% to optimize its portfolio amidst market conditions. These balanced results, with strong profitability metrics offsetting a revenue shortfall and strategic shifts in underwriting, likely prevented any significant stock price fluctuations.
2. Softening Reinsurance Market Conditions.
The broader reinsurance market experienced a softening trend during the specified period, characterized by high capital levels and increasing capacity, which generally puts downward pressure on pricing. Fitch reported expectations for further softening in market pricing and more flexible terms and conditions at the 2027 renewals, with property reinsurance rates experiencing double-digit declines in the 2026 renewals. While this competitive environment poses challenges for reinsurers, companies like SiriusPoint have maintained underwriting discipline to achieve attractive returns on average equity in the low-teens. The ongoing market dynamics likely acted as a ceiling for significant stock appreciation, as investors weighed the company's individual performance against sector-wide headwinds.
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SiriusPoint (SPNT) stock has remained largely at the same level since 6/30/2026 because of the following key factors:
1. Mixed Q2 2026 Financial Results and Strategic Portfolio Adjustments.
SiriusPoint reported mixed financial results for the second fiscal quarter of 2026 (ended June 30, 2026), contributing to a stable stock performance. The company announced net income available to common shareholders of $69 million and operating earnings per share of $0.58, which translated to $0.67 per share, beating analysts' consensus estimates of $0.65 by $0.02. However, revenue for the quarter was $744.10 million, falling short of analyst expectations of $798.95 million. Despite the revenue miss, SiriusPoint achieved a core combined ratio of 91.4% for Q2 2026 and an operating return on equity of 14.7% for the first half of the year, which is at the upper end of its 12-15% target range. The company also reported a 15% growth in its Insurance & Services gross written premiums while strategically reducing Reinsurance premiums by 9% to optimize its portfolio amidst market conditions. These balanced results, with strong profitability metrics offsetting a revenue shortfall and strategic shifts in underwriting, likely prevented any significant stock price fluctuations.
2. Softening Reinsurance Market Conditions.
The broader reinsurance market experienced a softening trend during the specified period, characterized by high capital levels and increasing capacity, which generally puts downward pressure on pricing. Fitch reported expectations for further softening in market pricing and more flexible terms and conditions at the 2027 renewals, with property reinsurance rates experiencing double-digit declines in the 2026 renewals. While this competitive environment poses challenges for reinsurers, companies like SiriusPoint have maintained underwriting discipline to achieve attractive returns on average equity in the low-teens. The ongoing market dynamics likely acted as a ceiling for significant stock appreciation, as investors weighed the company's individual performance against sector-wide headwinds.
3. Consistent Analyst Sentiment and Price Targets.
Analyst sentiment for SiriusPoint during the period was largely consistent, with a consensus rating of "Moderate Buy" to "Buy" among surveyed analysts. Price targets issued by analysts in September 2026 ranged from an average of $28.25 to $30.50, implying an upside from the stock's trading range of approximately $24-$25 at the time. For example, Royal Bank of Canada initiated coverage with a "moderate buy" rating and a $30.00 price target in late September 2026. This generally optimistic, yet not overwhelmingly bullish, outlook from the analyst community suggested that the stock was either fairly valued or had modest upside potential already considered, thus contributing to its largely stable trading pattern.
4. Active Capital Management.
SiriusPoint's active capital management strategy, including significant share repurchases, contributed to stabilizing the stock price. By the end of Q2 2026, the company had repurchased $95 million in common shares year-to-date, forming part of $295 million in total capital returned to shareholders in 2026. Such capital deployment can support the stock's valuation by reducing the number of outstanding shares and signaling financial strength and a commitment to shareholder returns. This action likely provided a floor for the stock price, preventing deeper declines and reinforcing the stable trend amidst other market factors.
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Stock Movement Drivers
Fundamental Drivers
The 2.1% change in SPNT stock from 6/30/2026 to 10/5/2026 was primarily driven by a 1.0% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10052026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.00 | 24.50 | 2.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,224 | 3,238 | 0.4% |
| Net Income Margin (%) | 15.5% | 15.6% | 0.6% |
| P/E Multiple | 5.6 | 5.7 | 1.0% |
| Shares Outstanding (Mil) | 117 | 117 | 0.0% |
| Cumulative Contribution | 2.1% |
Market Drivers
6/30/2026 to 10/5/2026| Return | Correlation | |
|---|---|---|
| SPNT | 2.1% | |
| Market (SPY) | 3.8% | -14.2% |
| Sector (XLF) | 0.5% | 21.9% |
Fundamental Drivers
The 13.7% change in SPNT stock from 3/31/2026 to 10/5/2026 was primarily driven by a 8.0% change in the company's Net Income Margin (%).| (LTM values as of) | 3312026 | 10052026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.54 | 24.50 | 13.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,180 | 3,238 | 1.8% |
| Net Income Margin (%) | 14.5% | 15.6% | 8.0% |
| P/E Multiple | 5.5 | 5.7 | 3.3% |
| Shares Outstanding (Mil) | 117 | 117 | 0.1% |
| Cumulative Contribution | 13.7% |
Market Drivers
3/31/2026 to 10/5/2026| Return | Correlation | |
|---|---|---|
| SPNT | 13.7% | |
| Market (SPY) | 19.4% | -17.0% |
| Sector (XLF) | 9.5% | 28.3% |
Fundamental Drivers
The 35.4% change in SPNT stock from 9/30/2025 to 10/5/2026 was primarily driven by a 256.1% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 10052026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.09 | 24.50 | 35.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,646 | 3,238 | 22.4% |
| Net Income Margin (%) | 4.4% | 15.6% | 256.1% |
| P/E Multiple | 18.2 | 5.7 | -68.9% |
| Shares Outstanding (Mil) | 117 | 117 | -0.2% |
| Cumulative Contribution | 35.4% |
Market Drivers
9/30/2025 to 10/5/2026| Return | Correlation | |
|---|---|---|
| SPNT | 35.4% | |
| Market (SPY) | 17.3% | 3.3% |
| Sector (XLF) | 1.2% | 34.6% |
Fundamental Drivers
The 140.9% change in SPNT stock from 9/30/2023 to 10/5/2026 was primarily driven by a 421.6% change in the company's Net Income Margin (%).| (LTM values as of) | 9302023 | 10052026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.17 | 24.50 | 140.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,633 | 3,238 | 23.0% |
| Net Income Margin (%) | 3.0% | 15.6% | 421.6% |
| P/E Multiple | 20.9 | 5.7 | -73.0% |
| Shares Outstanding (Mil) | 162 | 117 | 38.8% |
| Cumulative Contribution | 140.9% |
Market Drivers
9/30/2023 to 10/5/2026| Return | Correlation | |
|---|---|---|
| SPNT | 140.9% | |
| Market (SPY) | 87.5% | 25.6% |
| Sector (XLF) | 69.6% | 43.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SPNT Return | -15% | -27% | 97% | 41% | 34% | 12% | 157% |
| Peers Return | 4% | 6% | 36% | 27% | 13% | 11% | 142% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| SPNT Win Rate | 42% | 50% | 67% | 67% | 58% | 70% | |
| Peers Win Rate | 53% | 53% | 65% | 60% | 60% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SPNT Max Drawdown | -32% | -52% | -15% | -14% | -16% | -14% | |
| Peers Max Drawdown | -23% | -29% | -16% | -14% | -18% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RGA, RNR, MTG, EG, SPNT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/5/2026 (YTD)
How Low Can It Go
| Event | SPNT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -50.2% | -24.5% |
| % Gain to Breakeven | 101.0% | 32.4% |
| Time to Breakeven | 252 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -45.6% | -33.7% |
| % Gain to Breakeven | 83.9% | 50.9% |
| Time to Breakeven | 360 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -30.0% | -19.2% |
| % Gain to Breakeven | 42.8% | 23.8% |
| Time to Breakeven | 1925 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -27.1% | -12.2% |
| % Gain to Breakeven | 37.1% | 13.9% |
| Time to Breakeven | 501 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -31.6% | -6.8% |
| % Gain to Breakeven | 46.2% | 7.3% |
| Time to Breakeven | 588 days | 15 days |
In The Past
SiriusPoint's stock fell -0.2% during the 2025 US Tariff Shock. Such a loss loss requires a 0.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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| Event | SPNT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -50.2% | -24.5% |
| % Gain to Breakeven | 101.0% | 32.4% |
| Time to Breakeven | 252 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -45.6% | -33.7% |
| % Gain to Breakeven | 83.9% | 50.9% |
| Time to Breakeven | 360 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -30.0% | -19.2% |
| % Gain to Breakeven | 42.8% | 23.8% |
| Time to Breakeven | 1925 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -27.1% | -12.2% |
| % Gain to Breakeven | 37.1% | 13.9% |
| Time to Breakeven | 501 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -31.6% | -6.8% |
| % Gain to Breakeven | 46.2% | 7.3% |
| Time to Breakeven | 588 days | 15 days |
In The Past
SiriusPoint's stock fell -0.2% during the 2025 US Tariff Shock. Such a loss loss requires a 0.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About SiriusPoint (SPNT)
SiriusPoint Ltd. (SPNT) is a global financial services company that provides a comprehensive range of multi-line insurance and reinsurance products and services. Essentially, the company functions as a risk transfer specialist, helping other insurance companies, businesses, and government entities manage and mitigate their financial exposures by taking on various types of risks.
The company's operations are divided into two primary segments. Its Reinsurance segment offers extensive coverage across diverse product lines, including specialized areas such as aviation and space, marine and energy, property, casualty, contingency, credit and bond, and mortgage. This segment primarily serves other insurance and reinsurance companies, government entities, and various other vehicles that carry significant financial risks.
SiriusPoint's Insurance & Services segment provides more direct insurance solutions. This includes specific coverages like accident and health, environmental liability, and workers' compensation, alongside a broad selection of other property and casualty lines. Through this segment, SiriusPoint aims to serve businesses and other policyholders who require direct insurance policies to protect against defined operational or other specific risks.
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It's like Chubb or AIG, but it also provides a wide range of insurance to *other* insurance companies globally.
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- Reinsurance Services:
- Aviation and Space Reinsurance: Provides coverage to other insurers for risks associated with aviation and space operations.
- Casualty Reinsurance: Offers protection to other insurers against liabilities from accidents and injuries.
- Contingency Reinsurance: Covers event-driven risks and non-damage business interruption for other insurers.
- Credit and Bond Reinsurance: Protects other insurers against financial losses from defaults on credit or bonds.
- Marine and Energy Reinsurance: Provides coverage to other insurers for risks related to marine transport, offshore operations, and energy production.
- Mortgage Reinsurance: Offers protection to other insurers against losses arising from mortgage defaults.
- Property Reinsurance: Covers physical damage to property from various perils for other insurers.
- Insurance & Services:
- Accident and Health Insurance: Offers direct coverage for medical expenses, disability, and accidental death.
- Environmental Insurance: Provides direct protection against liabilities and costs associated with environmental pollution and remediation.
- Workers' Compensation Insurance: Covers employees' medical expenses and lost wages due to work-related injuries or illnesses.
- Property & Casualty Insurance: Encompasses various direct property damage and liability insurance lines.
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- Insurance companies
- Reinsurance companies
- Government entities
- Other risk bearing vehicles
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Scott Egan, Chief Executive Officer
Scott Egan joined SiriusPoint in September 2022. Prior to his role at SiriusPoint, he was the Chief Executive of Royal Sun Alliance (RSA) UK & International, and served as a FTSE 100 board director for six years. Egan was also the Chief Financial Officer for RSA Group PLC for six years. His career includes senior positions at companies such as Aviva, Zurich Financial Services, Brit Insurance, and Towergate Broking. He has experience working with both large domestic and international corporates, as well as private-equity backed businesses.
Jim McKinney, Chief Financial Officer
Jim McKinney was appointed Chief Financial Officer of SiriusPoint, effective June 3, 2024. He previously served as the Executive Vice President and CFO of Kemper Corporation, where he oversaw all aspects of its financial operations. McKinney has also held CFO roles at Banc of California, International Lease Finance Corporation, and RBS Citizens Asset Finance. He is recognized for his expertise in guiding companies through significant transformations and positioning them for growth.
David Govrin, Group President and Chief Executive Officer of Global Reinsurance
David Govrin is SiriusPoint's Group President and Chief Executive Officer of Global Reinsurance, a role he now focuses on entirely, effective January 1, 2025. He brings 35 years of industry experience to the SiriusPoint leadership team, with a diverse background that includes underwriting, reinsurance brokerage, investment banking, capital markets, and private equity. Before his current role at SiriusPoint, Govrin held various senior positions at Third Point Reinsurance, including President of Third Point Reinsurance (USA) Ltd.
Patrick Charles, Head of North America Insurance
Patrick Charles is Head of North America Insurance, having joined SiriusPoint in September 2021 as Head of Americas P&C Insurance. He was subsequently promoted to Global Head of Property and Casualty Insurance & Services. Charles previously held North American leadership roles in underwriting and strategy at Zurich Insurance Group. His career also includes experience at McKinsey & Company, Alliance Bernstein, and St. Paul Companies. He is a Fellow of the Casualty Actuarial Society and serves as a Board Member for several companies in SiriusPoint's strategic partnerships portfolio.
Anthony Shapella, Group Chief Underwriting Officer
Anthony Shapella was promoted to Group Chief Underwriting Officer at SiriusPoint, effective January 1, 2025, and joined the Executive Leadership Team. He initially joined SiriusPoint in September 2023 as Deputy Chief Underwriting Officer. Prior to joining SiriusPoint, he was Head of Portfolio Analytics, General Insurance at AIG.
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Key Risks to SiriusPoint (SPNT)
- Exposure to Catastrophic Risks: As a multi-line insurance and reinsurance provider, SiriusPoint is inherently exposed to significant volatility from catastrophic events such as natural disasters, pandemics, and man-made events, which can adversely affect financial performance and capital reserves. The increasing severity and frequency of weather-related events due to climate change further exacerbate these risks for its property insurance lines.
- Market Competition: The insurance and reinsurance markets are highly competitive. SiriusPoint faces a multitude of competitors that may possess greater financial resources, more extensive product offerings, or more aggressive pricing strategies, which could impact its ability to maintain and grow market share.
- Regulatory Changes and Potential Rating Downgrades: SiriusPoint is subject to regulatory and legal uncertainties. Changes in regulations could impact its business operations. Although recent outlook revisions from rating agencies have been positive, a future rating downgrade could significantly affect its reinsurance operations, where strong credit quality is crucial for attracting and retaining business from other insurers.
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- Global Reinsurance Market: The global reinsurance market was valued at approximately USD 621.39 billion in 2025 and is projected to grow to USD 1403.7 billion by 2034, with a compound annual growth rate (CAGR) of 9.6%. Europe held the largest share of this market, accounting for 37% in 2025.
- Global Property and Casualty (P&C) Insurance Market: The global property and casualty insurance market size was valued at USD 4.30 trillion in 2025 and is predicted to increase to approximately USD 9.49 trillion by 2035, expanding at a CAGR of 8.24%. North America led this market with a 32% share in 2025. The U.S. property and casualty insurance market alone was estimated at USD 1.27 trillion in 2025 and is expected to reach around USD 2.86 trillion by 2035.
- Global Aviation Insurance Market: The global aviation insurance market size was valued at USD 5.27 billion in 2025 and is projected to grow to USD 8.88 billion by 2034, with a CAGR of 6.10%. North America held a dominant share in 2025, with a value of USD 5.27 billion.
- Global Casualty Insurance Market: The global casualty insurance market size was recorded at USD 1325 billion in 2025 and is projected to reach USD 2106.59 billion by 2033, growing at a CAGR of 5.967%. North America accounted for 39.79% of the global market revenue in 2025.
- Global Contingency Insurance Market: The global event contingency insurance market size is predicted to grow from USD 5.34 billion in 2025 to USD 7.34 billion in 2032, at a CAGR of 4.8%.
- Global Trade Credit Insurance Market: The global trade credit insurance market size is projected to grow from USD 12.62 billion in 2025 to USD 23.73 billion by 2032, exhibiting a CAGR of 9.4%.
- Global Mortgage Insurance Market: The global mortgage insurance market size is projected to reach USD 1.28 trillion by the end of 2025 and is projected to become USD 2.64 trillion by 2033, growing at a CAGR of 9.424% from 2025 to 2033.
- Global Health Insurance Market: The global health insurance market size was valued at USD 2.32 trillion in 2025 and is projected to grow to USD 5.5 trillion by 2034, exhibiting a CAGR of 10.21%. North America dominated this market with a 62.41% share in 2025.
- Global Accident Insurance Market: The global accident insurance market size was valued at USD 81.48 billion in 2024 and is expected to reach USD 115.86 billion by 2032, growing at a CAGR of 4.55% over the forecast period. The U.S. accident insurance market was valued at USD 23.94 billion in 2024.
- Global Environmental Liability Insurance Market: The global environmental liability insurance market is expected to grow from USD 5.51 billion in 2025 to USD 10.2 billion by 2035, at a CAGR of 6.4%. North America led this sector, valued at USD 2.2 billion in 2024 and expected to rise to USD 4.1 billion in 2035.
- Global Workers' Compensation Insurance Market: The global workers' compensation insurance market size is projected to reach USD 93.4 billion by the end of 2025 and USD 142.051 billion by 2033, with a CAGR of 5.381% from 2025 to 2033. The U.S. Workers' Compensation Insurance market size was USD 51.2 billion in 2025.
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SiriusPoint (SPNT) is expected to drive future revenue growth over the next two to three years through several key strategies:
- Continued Growth in the Accident & Health (A&H) Segment: The Accident & Health segment has been a significant driver of growth for SiriusPoint, demonstrating a 20% year-over-year increase in 2025 and contributing substantially to overall premium growth. The company explicitly targets higher growth in its insurance segment, with A&H being a major contributor from lines less correlated with property and casualty pricing cycles, indicating an ongoing focus on expanding this profitable area.
- Leveraging the MGA Distribution Strategy: SiriusPoint considers its Managing General Agent (MGA) distribution strategy a crucial growth driver. The company has been actively adding new or expanding existing partnerships within its MGA platform and is investing in data capabilities to further enhance its competitive edge in this channel. This strategy allows for disciplined underwriting and expands reach within specialized markets.
- Strategic Acquisitions: SiriusPoint has engaged in strategic acquisitions to bolster its offerings and expand its market presence. A notable example is the planned acquisition of the World Nomads travel insurance business, with an initial closing expected in the second or third quarter of 2026 and a final closing in the second half of 2027. The acquisition of Assist America for approximately $42.5 million also aims to expand medical and travel assistance capabilities, contributing to future earnings.
- Disciplined Underwriting and Focus on Profitable Growth: While not a specific product or market, SiriusPoint's consistent emphasis on a disciplined underwriting strategy and a customer-first mindset is a fundamental driver of sustainable, profitable revenue growth. This approach has led to improved underwriting earnings and favorable combined ratios, ensuring that top-line expansion is coupled with strong profitability.
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Share Repurchases
- SiriusPoint announced plans in February 2026 for a $100 million common share repurchase program over the next 12 months.
- In December 2024, the company entered into an agreement to repurchase all common shares and warrants held by CM Bermuda Limited for approximately $733 million, with completion expected by February 28, 2025.
- SiriusPoint redeemed all 8 million outstanding 8.0% Series B preference shares on February 26, 2026, at $25.00 per share plus accrued dividends.
Share Issuance
- Information regarding significant new common share issuances by the company to raise capital was not explicitly found within the last 3-5 years.
Outbound Investments
- SiriusPoint's wholly-owned subsidiary, International Medical Group (IMG), acquired Assist America, a global emergency travel assistance services provider, for approximately $42.5 million, effective January 1, 2026.
- IMG also announced the acquisition of World Nomads, a global travel insurance and lifestyle brand with approximately $40 million of gross written premium, with the majority purchase expected to close in Q2-Q3 2026 and final closing in H2 2027.
- The company sold a 49% stake in Arcadian for $140.4 million, anticipating a pre-tax gain of approximately $25 million in the first quarter of 2026.
- In 2021, SiriusPoint agreed to sell a US$417 million portfolio of legacy liabilities to Compre, comprising asbestos, environmental, and workers' compensation liabilities.
Capital Expenditures
- Specific dollar values for capital expenditures, expected capital expenditures for the upcoming year, or their primary focus were not explicitly detailed in the available information.
Peer Outperformance in Reinsurance
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance ← | 6 | 15.3% | 63.9% | 114.2% | SPNT 161% · RGA 136% · RNR 133% |
| Investment Banking & Brokerage | 13 | -2.7% | 102.8% | 103.3% | IBKR 428% · SNEX 235% · HOOD 171% |
| Diversified Banks | 12 | 27.7% | 128.4% | 95.7% | CM 143% · RY 130% · JPM 120% |
| Life & Health Insurance | 20 | 7.1% | 50.0% | 89.4% | JXN 528% · UNM 292% · FG 193% |
| Multi-Sector Holdings | 4 | 3.6% | 52.8% | 74.5% | JONE 361% · BRK-B 80% · VOYA 69% |
| Property & Casualty Insurance | 42 | 3.9% | 71.6% | 61.2% | ASIC 2572900% · HRTG 399% · UVE 308% |
| Regional Banks | 264 | 25.9% | 89.3% | 52.1% | GCBC 310% · ESQ 307% · PBAM 249% |
| Multi-line Insurance | 9 | 4.3% | 68.4% | 50.9% | GNW 139% · L 90% · AIZ 80% |
| Financial Exchanges & Data | 15 | -0.3% | 15.8% | 31.0% | VIRT 189% · CBOE 143% · CME 68% |
| Consumer Finance | 30 | 0.4% | 86.5% | 22.0% | ENVA 400% · EZPW 303% · FCFS 162% |
| Diversified Financial Services | 4 | -8.1% | 21.6% | 20.9% | FRHC 173% · EQH 100% · TMS -58% |
| Asset Management & Custody Banks | 83 | -10.1% | 18.2% | 11.4% | WT 361% · VCTR 288% · AAMI 267% |
| Insurance Brokers | 16 | -24.5% | -9.7% | 11.0% | LIFE 324% · ARX 88% · CRD-A 66% |
| Commercial & Residential Mortgage Finance | 13 | -58.4% | 16.7% | -0.9% | FNMA 473% · FMCC 449% · ACT 174% |
| Specialized Finance | 3 | 9.4% | 35.5% | -13.2% | EFC 15% · CACC -13% · HASI -14% |
| Mortgage REITs | 33 | -14.5% | 10.1% | -26.9% | NREF 52% · RITM 33% · DX 19% |
| Transaction & Payment Processing Services | 17 | -2.1% | -5.5% | -42.4% | V 70% · MA 67% · CPAY 54% |
| Diversified Capital Markets | 20 | -37.4% | 16.1% | -61.2% | OPY 180% · LPLA 109% · GOLD 55% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| null | 10/17/2025 | |
| SPNT Dip Buy Analysis | 07/10/2025 | |
| SiriusPoint Total Shareholder Return (TSR): 41.3% in 2024 and 26.3% 3-yr compounded annual returns (above peer average) | 03/07/2025 | |
| ARTICLES | ||
| Where The Buying Ran Strongest: 29 Small Cap Stocks At 52-Week Highs | 07/13/2026 | |
| Small Cap Stocks Trading At 52-Week High | 05/19/2026 |
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 252.38 |
| Mkt Cap | 13.6 |
| Rev LTM | 11,063 |
| Op Inc LTM | - |
| FCF LTM | 2,000 |
| FCF 3Y Avg | 3,561 |
| CFO LTM | 2,000 |
| CFO 3Y Avg | 3,561 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.9% |
| Rev Chg 3Y Avg | 7.9% |
| Rev Chg Q | -2.9% |
| QoQ Delta Rev Chg LTM | -0.7% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 20.1% |
| CFO/Rev 3Y Avg | 28.3% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 28.2% |
Segment Financials
Revenue by Segment| $ Mil | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| Property and Casualty Reinsurance | 592 | 444 | 213 | 96 |
| Catastrophe Risk Management | 0 | 13 | 12 | |
| Corporate | -17 | 73 | 249 | 136 |
| Catastrophe RiskManagement | 0 | |||
| Total | 575 | 530 | 474 | 233 |
| $ Mil | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Corporate | 219 | 69 | -17 | 73 | 249 |
| Property and Casualty Reinsurance | 59 | -42 | -11 | 11 | |
| Catastrophe Risk Management | 0 | 1 | 4 | ||
| Total | 278 | 28 | -28 | 86 | 253 |
Price Behavior
| Market Price | $24.50 | |
| Market Cap ($ Bil) | 2.9 | |
| First Trading Date | 08/15/2013 | |
| Distance from 52W High | -6.9% | |
| 50 Days | 200 Days | |
| DMA Price | $24.25 | $22.62 |
| DMA Trend | up | up |
| Distance from DMA | 1.0% | 8.3% |
| 3M | 1YR | |
| Volatility | 26.2% | 27.9% |
| Downside Capture | -19.64 | -14.49 |
| Upside Capture | -17.42 | 19.95 |
| Correlation (SPY) | -14.5% | 3.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.51 | 0.31 | -0.37 | -0.38 | 0.07 | 0.51 |
| Up Beta | 2.56 | 0.86 | -1.15 | 0.06 | 0.29 | 0.66 |
| Down Beta | 1.80 | 0.58 | 0.43 | -1.16 | 0.04 | 0.56 |
| Up Capture | 17% | 17% | -23% | -10% | 13% | 21% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 12 | 24 | 34 | 64 | 134 | 397 |
| Down Capture | 11% | -4% | -39% | -76% | -29% | 48% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 10 | 18 | 30 | 62 | 117 | 346 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SPNT | |
|---|---|---|---|---|
| SPNT | 36.7% | 28.1% | 1.10 | - |
| Sector ETF (XLF) | 2.2% | 14.8% | -0.07 | 34.3% |
| Equity (SPY) | 16.8% | 13.0% | 0.92 | 3.5% |
| Gold (GLD) | 7.0% | 29.6% | 0.23 | -8.8% |
| Commodities (DBC) | 45.9% | 20.9% | 1.71 | -14.3% |
| Real Estate (VNQ) | 1.6% | 13.6% | -0.14 | 30.8% |
| Bitcoin (BTCUSD) | -30.1% | 44.3% | -0.68 | 6.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SPNT | |
|---|---|---|---|---|
| SPNT | 21.1% | 33.9% | 0.62 | - |
| Sector ETF (XLF) | 8.6% | 18.3% | 0.33 | 43.8% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | 32.2% |
| Gold (GLD) | 18.3% | 18.9% | 0.78 | 2.6% |
| Commodities (DBC) | 10.0% | 19.6% | 0.39 | 1.4% |
| Real Estate (VNQ) | 0.9% | 18.8% | -0.06 | 31.6% |
| Bitcoin (BTCUSD) | 14.9% | 52.2% | 0.45 | 13.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SPNT | |
|---|---|---|---|---|
| SPNT | 7.3% | 33.7% | 0.29 | - |
| Sector ETF (XLF) | 12.8% | 22.1% | 0.53 | 57.0% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 47.9% |
| Gold (GLD) | 11.5% | 16.4% | 0.57 | 1.6% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 13.0% |
| Real Estate (VNQ) | 4.1% | 20.7% | 0.16 | 43.4% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 11.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 8/31/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | -8.3% | -8.5% | -6.7% |
| 5/7/2026 | -0.2% | -3.5% | -7.0% |
| 2/18/2026 | 7.0% | 3.3% | -1.6% |
| 10/30/2025 | 0.1% | 6.5% | 16.0% |
| 8/4/2025 | -6.1% | -7.0% | -3.5% |
| 5/5/2025 | 7.5% | 7.8% | 5.4% |
| 2/18/2025 | -0.1% | 4.1% | 11.4% |
| 10/31/2024 | 1.6% | 5.5% | 18.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 17 | 18 |
| # Negative | 13 | 8 | 7 |
| Median Positive | 3.5% | 4.6% | 6.0% |
| Median Negative | -4.0% | -6.5% | -6.7% |
| Max Positive | 7.7% | 11.0% | 18.1% |
| Max Negative | -14.8% | -10.9% | -23.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | -8.3% | -8.5% | -6.7% |
| 5/7/2026 | -0.2% | -3.5% | -7.0% |
| 2/18/2026 | 7.0% | 3.3% | -1.6% |
| 10/30/2025 | 0.1% | 6.5% | 16.0% |
| 8/4/2025 | -6.1% | -7.0% | -3.5% |
| 5/5/2025 | 7.5% | 7.8% | 5.4% |
| 2/18/2025 | -0.1% | 4.1% | 11.4% |
| 10/31/2024 | 1.6% | 5.5% | 18.1% |
| 8/1/2024 | 2.2% | 1.2% | 4.9% |
| 4/30/2024 | 2.7% | 3.3% | 10.7% |
| 2/20/2024 | -7.2% | -4.0% | 2.7% |
| 11/8/2023 | -5.1% | 4.6% | 6.5% |
| 8/2/2023 | 7.7% | 11.0% | 16.8% |
| 5/3/2023 | 0.3% | 9.5% | 6.7% |
| 2/23/2023 | -4.0% | 2.8% | 2.6% |
| 11/2/2022 | -14.8% | -10.9% | 5.0% |
| 8/3/2022 | 4.3% | 9.8% | 9.3% |
| 5/4/2022 | -1.5% | -0.2% | -11.4% |
| 2/24/2022 | -5.0% | -7.3% | -2.6% |
| 11/3/2021 | -3.5% | -6.0% | -23.1% |
| 8/5/2021 | 2.8% | 4.9% | 0.1% |
| 5/10/2021 | -0.1% | 2.5% | 3.1% |
| 2/23/2021 | 5.7% | 2.6% | 0.7% |
| 11/5/2020 | -1.2% | 2.4% | 14.7% |
| 8/7/2020 | 7.2% | 5.8% | 3.3% |
| SUMMARY STATS | |||
| # Positive | 12 | 17 | 18 |
| # Negative | 13 | 8 | 7 |
| Median Positive | 3.5% | 4.6% | 6.0% |
| Median Negative | -4.0% | -6.5% | -6.7% |
| Max Positive | 7.7% | 11.0% | 18.1% |
| Max Negative | -14.8% | -10.9% | -23.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/05/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/05/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
| 12/31/2021 | 03/01/2022 | 10-K |
| 09/30/2021 | 11/03/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/10/2021 | 10-Q |
| 12/31/2020 | 02/23/2021 | 10-K |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 08/10/2020 | 10-Q |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 02/28/2020 | 10-K |
| 09/30/2019 | 11/05/2019 | 10-Q |
Recent Forward Guidance
Updated 10/4/2026Latest: Q2 2026 Earnings Reported 7/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Return on Equity | Reported | 0.12 | 0.14 | 0.15 | ||||
Prior: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Share Repurchase Commitment | Reported | 174.00 Mil | 74.0% | Raised | Guidance: 100.00 Mil for 2026 | |||
Q4 2025 Earnings Reported 2/18/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Leverage Ratio | Reported | 0.23 | ||||||
| 2026 Share Repurchases | Reported | 100.00 Mil | ||||||
| Q1 2026 Pre-tax Gain | Reported | 25.00 Mil | ||||||
Q3 2025 Earnings Reported 10/30/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Shareholder Value Increase | Reported | 1.75 | ||||||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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