Siriuspoint Ltd. · NYSE:SPNT
Siriuspoint — Q1 2022 Earnings Presentation
20 slides from Siriuspoint's earnings presentation, May 4, 2022
Slide 1: Q1 2022 Company Overview
May 4, 2022 siriuspt.com Q1 2022 COMPANY OVERVIEW
Slide 2: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward- Looking Statements We make statements in this report that are forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Feder
Slide 3: Contents
CONTENTS - UPDATE 3 4-6 OVERVIEW OF SIRIUSPIONT: KEY HIGHLIGHTS GLOBAL INSURER & REINSURER GLOBAL PLATFORM 8-9 BUSINESS SEGMENTS 7 EXECUTIVE LEADERSHIP TEAM 10 REINSURANCE 13 INVESTMENT PORTFOLIO 4Q 2021 14 OUR APPROACH TO ESG 15 -16 SIRIUSPOINT MISSION, VISION AND VALUES 17 -18 APPENDIX: SIRIUSPOIN
Slide 4: Overview of SiriusPoint: Key Highlights
4 Financial Strength Ratings: >$3 Billion $6.5 Billion $2.9 Billion Clients in nearly 150 >8,000 >75 >30 ~1,000 Note: Information is accurate as of March 31 2022 unless otherwise indicated. (1) Total GAAP capital includes common and preferred equity, and debt; (2) Including restricted cash (3) For t
Slide 5: SiriusPoint: A Global Insurer and Reinsurer
SIRIUSPOINT: A GLOBAL INSURER AND REINSURER 5 With $3 billion total capital, we are a fast-moving, responsive partner that combines best-in-class underwriting and risk management with pioneering ideas We write a global portfolio of Accident & Health (A&H), Specialty, and Property across our insu
Slide 6: SiriusPoint: A Global Platform
Headquartered in Bermuda Clients across almost 150 countries and appetite and expertise across (re)insurance business globally Admitted and E&S licenses in the US Lloyd’s Syndicate 1945 and London Company Market paper European branch network and licenses Bermuda Class 4 entity Branches
Slide 7: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM 7 Our proven management team brings diversity of thought and experience to our business, with a focus on creating sustainable value.
Slide 8: Business Segments
BUSINESS SEGMENTS We have organized our financial reporting segments to align with how we manage the business, assess performance and allocate resources SiriusPoint reports on two operating segments effective as of the fourth quarter of 2021 - Reinsurance and Insurance & Services Previously, w
Slide 9: Business Segments: Insurance & Services and Reinsurance Lines
Insurance & Services Accident & Health A&H coverage, and our MGA units which include ArmadaCorp and International Medical Group (IMG) Environmental Environmental Insurance book in the U.S. Workers' Compensation U.S. state-mandated Workers' Compensation Insurance coverage Other Property and Casualty
Slide 10: Reinsurance
SiriusPoint is a leading global reinsurer. We offer treaty and facultative reinsurance through our network of international branch offices, our Lloyd's Syndicate and our platforms in the U.S. and Bermuda We access profitable business by leveraging our relationships with local and international i
Slide 11: Insurance & Services: Growth through MGA Partnerships
Grow P&C through incubations and strategic partnerships with MGAs and tech enabled insurance services companies SiriusPoint creates strategic partnerships with specialized underwriting focused MGAs and innovative fast-growing, tech enabled insurance services companies that address consumer insuran
Slide 12: Insurance & Services - Partnerships
The services we offer our MGA partners includes: INSURANCE & SERVICES - PARTNERSHIPS Insurance & Services includes a diverse portfolio of MGAs that we support through a comprehensive set of services Fronting services Risk capital Equity investments Expertise in underwriting, product developm
Slide 13: SiriusPoint Investment Portfolio 1Q 2022
SIRIUSPOINT INVESTMENT PORTFOLIO 1Q 2022 Note (1) Fixed Income and Cash & Cash Equivalent includes debt securities and unrestricted cash and cash equivalents. (2) Collateral Assets includes restricted securities and restricted cash and cash equivalents. (3) Risk Assets include funds and accounts man
Slide 14: Our Approach to ESG
SIRIUSPOINT APPROACH As a global provider of risk protection to communities, businesses and governments around the world, Environmental, Social and Governance (ESG) considerations are at the heart of our operations. The values of sound risk management, good governance, sustainability and social resp
Slide 15: SiriusPoint Mission, Vision, Purpose
SIRIUSPOINT MISSION, VISION, PURPOSE… Mission It is our mission to be an exceptionally innovative partner, combining data and creative thinking to underwrite risks with skill and discipline, building a sustainable business for all. Vision To be the most adaptive and responsive (re)insurer for the ch
Slide 16: SiriusPoint Values
SIRIUSPOINT VALUES Be Yourself We celebrate the diversity of our people and foster an environment that is supportive and fun, to encourage everyone to bring their whole selves to work every day, to enjoy what they do and take pride in themselves, their role, and the company. Be Entrepreneurial We en
Slide 17: Appendix
PRESENTATION TITLE OES HERE 17 17 APPENDIX: 18 SIRIUSPOINT LTD. ISSUED CAPITAL INSTRUMENTS 19 1Q 2022 SEGMENT REPORTING For information purposes only
Slide 18: SiriusPoint Ltd. Capital Instruments
For information purposes only SIRIUSPOINT LTD. CAPITAL INSTRUMENTS Notes: [1] Excludes unvested restricted shares. Summary terms only presented here. For the full terms and conditions of each of the above securities, please see SiriusPoint’s final joint proxy statement / prospectus, filed on October
Slide 19: 1Q 2022 Segment Reporting
1Q 2022 SEGMENT REPORTING 1 2 4 3 Income related to consolidated MGAs. Commission/Fee Income for business that is written on SiriusPoint paper is eliminated and third-party business re-classed to Other Revenues. Investment gains/losses from investment in the strategic partners. Presented in net real
Slide 20: Thank You
THANK YOU 20