Business
SiriusPoint Reports First Quarter 2026 Net Income of $100m, Return on Equity of 17.4% and Operating Return on Equity of 15.3%
HAMILTON, Bermuda, May 07, 2026 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT), a specialty underwriter, today announced results for its first quarter ended March 31, 2026. First Quarter 2026 Highlights Net income available to SiriusPoint common shareholders of $100 million, or $0.82 per diluted common shareOperating earnings per share of $0.70, up 37% versus prior yearAnnualized return on equity of 17.4%, with operating return on equity of 15.3%Core combined r
About this update from Siriuspoint Ltd.
[{"type":"image","alt":"SiriusPoint Ltd.","displaySize":"","headline":null,"caption":"SiriusPoint Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":289,"url":"https://media.zenfs.com/en/globenewswire.com/6820e4ca27b2842f5b5bb305bf054ccd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/biMO8Vlk0JpuqIhgMTL9Mg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQwNQ--/https://media.zenfs.com/en/globenewswire.com/6820e4ca27b2842f5b5bb305bf054ccd","width":300,"height":289}},"lazy":false},{"type":"text","content":"HAMILTON, Bermuda, May 07, 2026 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT), a specialty underwriter, today announced results for its first quarter ended March 31, 2026.","length":207,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income available to SiriusPoint common shareholders of $100 million, or $0.82 per diluted common share","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating earnings per share of $0.70, up 37% versus prior year","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Annualized return on equity of 17.4%, with operating return on equity of 15.3%","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Core combined ratio of 88.9% improved 6.5 points versus prior year","length":66,"tagName":"p"}]},{"val":[{"type":"text","content":"Insurance & Services gross written premium growth of 8%; discipline in Reinsurance with premiums decreasing 10%","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Book value per diluted common share (ex. AOCI) increased 5% from December 31, 2025 to $18.98","length":92,"tagName":"p"}]},{"val":[{"type":"text","content":"Total capital returned to shareholders of $242 million, including $42 million of common share repurchases(1). Increasing 2026 share repurchase commitment by a further $74 million to our full authorization of $174 million","length":220,"tagName":"p"}]},{"val":[{"type":"text","content":"Balance sheet remains strong with BSCR estimate of 242%","length":55,"tagName":"p"}]},{"val":[{"type":"text","content":"Financial Strength Ratings upgraded to ‘A’ by three Rating Agencies in the last three months","length":92,"tagName":"p"}]}],"tagName":"ul","bulletedList":tru...