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SiriusPoint (SPNT)

Market Price (6/19/2026): $22.765 | Market Cap: $2.7 BilSector: Financials | Industry: Reinsurance

SiriusPoint (SPNT)

Market Price (6/19/2026): $22.765
Market Cap: $2.7 Bil
Sector: Financials
Industry: Reinsurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 19%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 15%, FCF Yield is 13%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -93%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10%

Low stock price volatility
Vol 12M is 29%

Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds.

Trading close to highs
Dist 52W High is -4.6%, Dist 3Y High is -4.6%

Key risks
SPNT key risks include [1] significant underwriting losses from catastrophic events, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 19%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 15%, FCF Yield is 13%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -93%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10%
3 Low stock price volatility
Vol 12M is 29%
4 Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include AI for Fraud Detection, and ESG Investing & Green Bonds.
5 Trading close to highs
Dist 52W High is -4.6%, Dist 3Y High is -4.6%
6 Key risks
SPNT key risks include [1] significant underwriting losses from catastrophic events, Show more.

SPNT in ETFs

Weight = SPNT's share of each fund

VTI0.00%
ITOT0.00%
IWM0.06%
IJR0.12%
VB0.03%
AVUV0.34%
SLYG0.28%
IJT0.24%
+10 more covered ETFs

Valuation & Metrics

FYE: 12/31SPNT [1]S&P 500 [2]
REVENUE GROWTH
LTM Revenue [3]$3.2 Bil—
FY 2026 Sales$3.1 Bil—
FY 2027 Sales$3.4 Bil—
FY 2026 Sales Growth-2.5%—
FY 2027 Sales Growth7.0%7.7%
EARNINGS
LTM Net Income (GAAP) [3]$500.2 Mil—
FY 2026 Net Income (Non-GAAP)$306.0 Mil—
FY 2027 Net Income (Non-GAAP)$337.9 Mil—
FY 2027 Net Income Growth10.4%15.0%
FY 2026 EPS (Non-GAAP)$2.57—
FY 2027 EPS (Non-GAAP)$2.77—
FY 2027 EPS Growth7.7%—
VALUATION
FY 2026 P/S0.83.2
FY 2027 P/S0.8—
FY 2026 P/E8.720.5
FY 2027 P/E7.9—

[1] SPNT forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
[2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 6/30/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
[3] LTM = reported trailing-twelve-month actuals (GAAP).
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MetricValueDateSource
Core Combined Ratio89.1%9302025Link
Gross Premiums Written Growth (Core business, year-over-year)26%9302025Link
BSCR Ratio226%9302025Link
Debt to Capital Ratio23.6%9302025Link
Book value per diluted common share (ex. AOCI)$16.479302025Link
Core Net Services Fee Income$10.0 million9302025Link
Employee Survey Response Rate94%12312024Link
Employee Net Promoter Score Increase37 points12312024Link

Price Chart

No Events

Why The Stock Moved

Qualitative Assessment

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Updated on 6/10/2026

SiriusPoint (SPNT) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Q1 2026 Earnings Beat and Improved Underwriting Performance. SiriusPoint reported Q1 2026 diluted EPS of $0.82, significantly exceeding analyst consensus estimates of $0.65 by $0.17, or 26.15%. This was driven by a 149% year-over-year increase in underwriting profit to $71 million, marking the 14th consecutive quarter of underwriting profitability. The company's core combined ratio improved by 6.5 points year-over-year to 88.9%, largely due to lower catastrophe losses and better attritional loss performance.

2. Multiple Ratings Upgrades Reflecting Enhanced Financial Strength. During the period, SiriusPoint received upgrades from three major rating agencies. Fitch upgraded its Long-Term Issuer Default Rating to 'BBB+' from 'BBB' and its operating subsidiaries' Insurer Financial Strength rating to 'A' (Strong) from 'A-' on February 25, 2026. Subsequently, AM Best also upgraded SiriusPoint's operating subsidiaries to 'A' (Excellent), and S&P Global Ratings raised its core insurance operating subsidiaries' rating to 'A' from 'A-' on April 21, 2026. These upgrades cited improved earnings, a reduced risk profile from strategic portfolio repositioning, and enhanced capitalization and leverage.

Show more
Updated on 6/10/2026

SiriusPoint (SPNT) stock has gained about 10% since 2/28/2026 because of the following key factors:

1. Strong Q1 2026 Earnings Beat and Improved Underwriting Performance. SiriusPoint reported Q1 2026 diluted EPS of $0.82, significantly exceeding analyst consensus estimates of $0.65 by $0.17, or 26.15%. This was driven by a 149% year-over-year increase in underwriting profit to $71 million, marking the 14th consecutive quarter of underwriting profitability. The company's core combined ratio improved by 6.5 points year-over-year to 88.9%, largely due to lower catastrophe losses and better attritional loss performance.

2. Multiple Ratings Upgrades Reflecting Enhanced Financial Strength. During the period, SiriusPoint received upgrades from three major rating agencies. Fitch upgraded its Long-Term Issuer Default Rating to 'BBB+' from 'BBB' and its operating subsidiaries' Insurer Financial Strength rating to 'A' (Strong) from 'A-' on February 25, 2026. Subsequently, AM Best also upgraded SiriusPoint's operating subsidiaries to 'A' (Excellent), and S&P Global Ratings raised its core insurance operating subsidiaries' rating to 'A' from 'A-' on April 21, 2026. These upgrades cited improved earnings, a reduced risk profile from strategic portfolio repositioning, and enhanced capitalization and leverage.

3. Capital Structure Optimization and Increased Share Repurchase Program. SiriusPoint fully redeemed all 8,000,000 of its 8.00% Resettable Fixed Rate Preferred Shares, Series B, on February 26, 2026, which helped to reduce leverage and simplify its capital structure. Furthermore, the company increased its 2026 share repurchase commitment by $74 million, bringing the total authorization to $174 million, signaling a strong commitment to returning capital to shareholders.

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Stock Movement Drivers

Fundamental Drivers

The 7.7% change in SPNT stock from 2/28/2026 to 6/18/2026 was primarily driven by a 7.4% change in the company's Net Income Margin (%).
(LTM values as of)22820266182026Change
Stock Price ($)21.1422.767.7%
Change Contribution By: 
Total Revenues ($ Mil)3,1803,2241.4%
Net Income Margin (%)14.5%15.5%7.4%
P/E Multiple5.45.3-1.1%
Shares Outstanding (Mil)1171170.1%
Cumulative Contribution7.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/18/2026
ReturnCorrelation
SPNT7.7% 
Market (SPY)9.2%7.6%
Sector (XLF)4.7%45.1%

Fundamental Drivers

The 9.4% change in SPNT stock from 11/30/2025 to 6/18/2026 was primarily driven by a 122.2% change in the company's Net Income Margin (%).
(LTM values as of)113020256182026Change
Stock Price ($)20.8022.769.4%
Change Contribution By: 
Total Revenues ($ Mil)2,8403,22413.5%
Net Income Margin (%)7.0%15.5%122.2%
P/E Multiple12.25.3-56.6%
Shares Outstanding (Mil)1171170.0%
Cumulative Contribution9.4%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/18/2026
ReturnCorrelation
SPNT9.4% 
Market (SPY)9.9%6.6%
Sector (XLF)1.3%35.3%

Fundamental Drivers

The 16.2% change in SPNT stock from 5/31/2025 to 6/18/2026 was primarily driven by a 147.0% change in the company's Net Income Margin (%).
(LTM values as of)53120256182026Change
Stock Price ($)19.5922.7616.2%
Change Contribution By: 
Total Revenues ($ Mil)2,6543,22421.5%
Net Income Margin (%)6.3%15.5%147.0%
P/E Multiple13.65.3-61.0%
Shares Outstanding (Mil)116117-0.6%
Cumulative Contribution16.2%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/18/2026
ReturnCorrelation
SPNT16.2% 
Market (SPY)28.1%10.1%
Sector (XLF)6.7%34.7%

Fundamental Drivers

The 144.5% change in SPNT stock from 5/31/2023 to 6/18/2026 was primarily driven by a 37.8% change in the company's Shares Outstanding (Mil).
(LTM values as of)53120236182026Change
Stock Price ($)9.3122.76144.5%
Change Contribution By: 
Total Revenues ($ Mil)2,4693,22430.6%
P/S Multiple0.60.835.8%
Shares Outstanding (Mil)16111737.8%
Cumulative Contribution144.5%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/18/2026
ReturnCorrelation
SPNT144.5% 
Market (SPY)85.7%27.7%
Sector (XLF)77.0%43.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SPNT Return-15%-27%97%41%34%5%142%
Peers Return9%13%25%23%7%3%108%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
SPNT Win Rate42%50%67%67%58%67% 
Peers Win Rate57%50%63%55%55%53% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SPNT Max Drawdown-32%-52%-15%-14%-16%-14% 
Peers Max Drawdown-22%-22%-16%-14%-18%-15% 
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, GLRE, EG.
[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 6/18/2026 (YTD)

How Low Can It Go

EventSPNTS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-50.2%-24.5%
  % Gain to Breakeven101.0%32.4%
  Time to Breakeven252 days427 days
2020 COVID-19 Crash
  % Loss-45.6%-33.7%
  % Gain to Breakeven83.9%50.9%
  Time to Breakeven360 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-30.0%-19.2%
  % Gain to Breakeven42.8%23.8%
  Time to Breakeven1925 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.1%-12.2%
  % Gain to Breakeven37.1%13.9%
  Time to Breakeven501 days62 days
2014-2016 Oil Price Collapse
  % Loss-31.6%-6.8%
  % Gain to Breakeven46.2%7.3%
  Time to Breakeven588 days15 days

Compare to RGA, RNR, MTG, GLRE, EG

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.

EventSPNTS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-50.2%-24.5%
  % Gain to Breakeven101.0%32.4%
  Time to Breakeven252 days427 days
2020 COVID-19 Crash
  % Loss-45.6%-33.7%
  % Gain to Breakeven83.9%50.9%
  Time to Breakeven360 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-30.0%-19.2%
  % Gain to Breakeven42.8%23.8%
  Time to Breakeven1925 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.1%-12.2%
  % Gain to Breakeven37.1%13.9%
  Time to Breakeven501 days62 days
2014-2016 Oil Price Collapse
  % Loss-31.6%-6.8%
  % Gain to Breakeven46.2%7.3%
  Time to Breakeven588 days15 days

Compare to RGA, RNR, MTG, GLRE, EG

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.

AI Analysis | Feedback

SiriusPoint (SPNT) sells primarily to other companies. The provided background information does not list specific names of customer companies. However, it identifies the following categories of business customers that SiriusPoint serves:
  • 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)

  1. 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.
  2. 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.
  3. 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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SiriusPoint (symbol: SPNT) operates in various insurance and reinsurance markets globally. Here are the addressable market sizes for some of its main products and services:
  • 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.

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SHAZSharonAI1.376.6%0.2%

Top Losers

TickerCompanyMkt Cap (B)1M RtnYTD Rtn
VRRMVerra Mobility0.7-66.6%-80.2%
ADCTADC Therapeutics0.2-65.3%-69.1%
CDChaince Digital0.4-49.8%-3.1%
LILAKLiberty Latin America1.0-38.4%-35.8%
SATLSatellogic0.8-37.6%222.5%
FULCFulcrum Therapeutics0.3-37.4%-67.3%
LILALiberty Latin America1.0-37.1%-35.0%
BKSYBlackSky Technology1.0-35.8%54.6%
TMCRMetals Royalty0.5-35.8%-40.4%
SOCSable Offshore1.5-33.6%12.2%

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Peer Comparisons

Peers to compare with:

Financials

SPNTRGARNRMTGGLREEGMedian
NameSiriusPo.Reinsura.Renaissa.MGIC Inv.Greenlig.Everest  
Mkt Price22.76210.54299.1726.0616.07335.63118.30
Mkt Cap2.713.712.75.60.513.49.2
Rev LTM3,22424,86911,4991,20465616,9297,361
Op Inc LTM-------
FCF LTM3335,5354,2237052372,7891,747
FCF 3Y Avg2696,2633,3407171234,0542,029
CFO LTM3335,5354,2237062372,7891,748
CFO 3Y Avg2696,2683,3407181234,0542,029

Growth & Margins

SPNTRGARNRMTGGLREEGMedian
NameSiriusPo.Reinsura.Renaissa.MGIC Inv.Greenlig.Everest  
Rev Chg LTM21.5%18.6%-8.1%-1.2%0.3%-1.8%-0.5%
Rev Chg 3Y Avg9.7%15.4%24.3%1.2%9.6%11.1%10.4%
Rev Chg Q6.0%22.4%-37.0%-3.0%-14.2%-6.8%-4.9%
QoQ Delta Rev Chg LTM1.4%5.0%-10.0%-0.8%-3.7%-1.7%-1.2%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM10.3%22.3%36.7%58.6%36.1%16.5%29.2%
CFO/Rev 3Y Avg9.2%28.8%29.5%60.0%18.7%24.8%26.8%
FCF/Rev LTM10.3%22.3%36.7%58.5%36.1%16.5%29.2%
FCF/Rev 3Y Avg9.2%28.8%29.5%59.9%18.7%24.8%26.8%

Valuation

SPNTRGARNRMTGGLREEGMedian
NameSiriusPo.Reinsura.Renaissa.MGIC Inv.Greenlig.Everest  
Mkt Cap2.713.712.75.60.513.49.2
P/S0.80.61.14.70.80.80.8
P/Op Inc-------
P/EBIT4.06.92.76.06.25.35.7
P/E5.311.24.57.86.76.66.6
P/CFO8.02.53.08.02.34.83.9
Total Yield18.8%10.7%22.7%15.1%15.0%17.7%16.4%
Dividend Yield0.0%1.8%0.6%2.4%0.0%2.5%1.2%
FCF Yield 3Y Avg11.7%48.3%27.5%12.1%23.2%26.5%24.9%
D/E0.30.40.20.10.00.30.2
Net D/E-0.9-0.9-0.9-0.9-0.1-1.1-0.9

Returns

SPNTRGARNRMTGGLREEGMedian
NameSiriusPo.Reinsura.Renaissa.MGIC Inv.Greenlig.Everest  
1M Rtn-3.9%0.1%-0.8%-0.0%-10.6%-5.4%-2.4%
3M Rtn12.4%5.5%2.7%0.8%-1.0%6.9%4.1%
6M Rtn3.3%4.2%9.1%-11.7%10.1%2.2%3.7%
12M Rtn17.8%9.7%22.7%-1.1%11.4%3.3%10.5%
3Y Rtn134.6%55.7%59.0%82.3%63.1%1.6%61.1%
1M Excs Rtn-5.9%-1.9%-2.8%-2.0%-12.6%-7.4%-4.4%
3M Excs Rtn-1.1%-8.1%-10.8%-12.7%-14.6%-6.7%-9.4%
6M Excs Rtn-6.6%-5.4%-0.2%-19.7%1.5%-6.5%-5.9%
12M Excs Rtn-7.7%-15.4%-1.9%-24.5%-13.9%-22.1%-14.6%
3Y Excs Rtn64.9%-17.3%-10.5%7.4%-10.8%-68.3%-10.7%

Comparison Analyses

null

Financials

$ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
Filing Date5/7/20262/24/202610/30/20258/4/20255/5/20252/21/202510/31/20248/1/20245/1/20242/29/202411/8/20238/2/2023
Key Financials Quarterly            
Total Revenue773965754732730626559740689627704693
Net Income102244916362-17811495986260
EPS0.852.050.740.510.50-0.130.030.600.500.520.330.32
Key Financials TTM            
Total Revenue TTM3,2243,1802,8402,6462,6542,6142,6142,7602,7132,7022,6882,633
Net Income TTM50046019811616720031536831435523579
Growth Rates Quarterly            
Total Revenue Growth6.0%54.3%34.7%-1.1%5.9%-0.1%-20.6%6.7%1.6%2.4%8.5%30.9%
Net Income Growth65.9%1510.4%968.2%-44.5%-35.0%-117.7%-86.2%90.2%-30.2%531.4%165.1%205.5%
Margins Quarterly            
Net Income Margin13.2%25.3%12.1%8.6%8.4%-2.8%1.5%15.4%13.8%15.6%8.7%8.6%
Cash & Debt            
Total Cash3,1553,0793,1163,3183,3513,5743,4213,5213,8623,6865,6765,408
Total Debt680689682678664639660649771786764766
Net Debt / (Cash)-2,476-2,391-2,434-2,640-2,687-2,935-2,761-2,872-3,092-2,899-4,912-4,642
Cash Flows Quarterly            
FCF from Operations142-2615662-8910858-15059213162112
Cash Flows TTM            
FCF from Operations TTM333102236139-7375180284546581416454
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases200-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC------------
Return on Invested Capital (ROIC) TTM            
ROIC TTM------------

Segment Financials

Revenue by Segment
$ Mil2015201420132012
Property and Casualty Reinsurance59244421396
Catastrophe Risk Management01312 
Corporate-1773249136
Catastrophe RiskManagement   0
Total575530474233


Net Income by Segment
$ Mil20172016201520142013
Corporate21969-1773249
Property and Casualty Reinsurance59-42-1111 
Catastrophe Risk Management  014
Total27828-2886253


Price Behavior

Price Behavior
Market Price$22.76 
Market Cap ($ Bil)2.7 
First Trading Date08/15/2013 
Distance from 52W High-4.6% 
   50 Days200 Days
DMA Price$22.86$20.81
DMA Trendupup
Distance from DMA-0.4%9.4%
 3M1YR
Volatility27.5%28.8%
Downside Capture-35.5713.17
Upside Capture18.5128.66
Correlation (SPY)3.1%9.5%
SPNT Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-0.160.270.470.350.370.60
Up Beta1.830.850.630.670.570.72
Down Beta-0.63-1.470.360.330.250.62
Up Capture-106%2%33%19%24%30%
Bmk +ve Days13283667141432
Stock +ve Days6182861124391
Down Capture1%28%53%25%40%65%
Bmk -ve Days7132757109318
Stock -ve Days14233562124349

[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
SPNT17.1%28.8%0.55-
Sector ETF (XLF)8.3%14.6%0.3334.5%
Equity (SPY)26.5%12.4%1.619.3%
Gold (GLD)24.2%27.5%0.77-5.4%
Commodities (DBC)19.8%18.8%0.83-11.1%
Real Estate (VNQ)11.0%13.7%0.5222.7%
Bitcoin (BTCUSD)-38.3%42.4%-1.024.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SPNT
SPNT16.2%33.8%0.51-
Sector ETF (XLF)9.3%18.6%0.3745.7%
Equity (SPY)13.5%17.1%0.6234.4%
Gold (GLD)17.1%18.3%0.764.1%
Commodities (DBC)7.5%19.4%0.293.9%
Real Estate (VNQ)1.9%18.9%0.0031.4%
Bitcoin (BTCUSD)11.6%54.2%0.4114.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SPNT
SPNT6.6%33.6%0.28-
Sector ETF (XLF)13.0%22.2%0.5457.6%
Equity (SPY)15.3%18.0%0.7349.2%
Gold (GLD)12.3%16.1%0.631.9%
Commodities (DBC)5.9%18.0%0.2613.9%
Real Estate (VNQ)5.3%20.7%0.2243.4%
Bitcoin (BTCUSD)60.4%66.8%1.0011.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity3.2 Mil
Short Interest: % Change Since 51520262.9%
Average Daily Volume0.8 Mil
Days-to-Cover Short Interest4.0 days
Basic Shares Quantity116.7 Mil
Short % of Basic Shares2.7%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-0.2%-3.5%-7.0%
2/18/20267.0%3.3%-1.6%
10/30/20250.1%6.5%16.0%
8/4/2025-6.1%-7.0%-3.5%
5/5/20257.5%7.8%5.4%
2/18/2025-0.1%4.1%11.4%
10/31/20241.6%5.5%18.1%
8/1/20242.2%1.2%4.9%
...
SUMMARY STATS   
# Positive121718
# Negative1276
Median Positive3.5%4.6%6.0%
Median Negative-3.8%-6.0%-5.2%
Max Positive7.7%11.0%18.1%
Max Negative-14.8%-10.9%-23.1%
 Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-0.2%-3.5%-7.0%
2/18/20267.0%3.3%-1.6%
10/30/20250.1%6.5%16.0%
8/4/2025-6.1%-7.0%-3.5%
5/5/20257.5%7.8%5.4%
2/18/2025-0.1%4.1%11.4%
10/31/20241.6%5.5%18.1%
8/1/20242.2%1.2%4.9%
4/30/20242.7%3.3%10.7%
2/20/2024-7.2%-4.0%2.7%
11/8/2023-5.1%4.6%6.5%
8/2/20237.7%11.0%16.8%
5/3/20230.3%9.5%6.7%
2/23/2023-4.0%2.8%2.6%
11/2/2022-14.8%-10.9%5.0%
8/3/20224.3%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%
8/5/20212.8%4.9%0.1%
5/10/2021-0.1%2.5%3.1%
2/23/20215.7%2.6%0.7%
11/5/2020-1.2%2.4%14.7%
8/7/20207.2%5.8%3.3%
SUMMARY STATS   
# Positive121718
# Negative1276
Median Positive3.5%4.6%6.0%
Median Negative-3.8%-6.0%-5.2%
Max Positive7.7%11.0%18.1%
Max Negative-14.8%-10.9%-23.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/24/202610-K
09/30/202510/30/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202402/21/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/01/202410-Q
12/31/202302/29/202410-K
09/30/202311/08/202310-Q
06/30/202308/02/202310-Q
03/31/202305/03/202310-Q
12/31/202202/24/202310-K
09/30/202211/02/202210-Q
06/30/202208/03/202210-Q
 Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/24/202610-K
09/30/202510/30/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202402/21/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/01/202410-Q
12/31/202302/29/202410-K
09/30/202311/08/202310-Q
06/30/202308/02/202310-Q
03/31/202305/03/202310-Q
12/31/202202/24/202310-K
09/30/202211/02/202210-Q
06/30/202208/03/202210-Q
03/31/202205/04/202210-Q
12/31/202103/01/202210-K
09/30/202111/03/202110-Q
06/30/202108/05/202110-Q
03/31/202105/10/202110-Q
12/31/202002/23/202110-K
09/30/202011/05/202010-Q
06/30/202008/10/202010-Q
03/31/202005/07/202010-Q
12/31/201902/28/202010-K
09/30/201911/05/201910-Q
06/30/201908/07/201910-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Share Repurchases 174.00 Mil 74.0% RaisedGuidance: 100.00 Mil for 2026

Prior: Q4 2025 Earnings Reported 2/18/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Pre-tax Gain 25.00 Mil    
2026 Leverage Ratio 0.23    
2026 Share Repurchases 100.00 Mil    

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