SiriusPoint Ltd. reports news as a Bermuda-headquartered specialty underwriter of insurance and reinsurance listed on the NYSE under SPNT. Company updates center on underwriting results, written premium trends, combined ratios, book value, capital returns, and financial strength ratings for its operating subsidiaries.
SiriusPoint’s recurring developments also cover its global Property & Casualty and Accident & Health insurance and reinsurance licenses, strategic partnerships with Managing General Agents and Program Administrators, and its operating structure across Global P&C Programs, Global Reinsurance, Global Accident & Health, and London Market Specialty, including Lloyd’s. Governance updates include board composition, committee roles, and executive or organizational changes tied to its underwriting platforms.
SiriusPoint (NYSE:SPNT) had its operating subsidiaries upgraded by AM Best to A (Excellent) from A- with a stable outlook on April 16, 2026. AM Best also raised related Long-Term ICRs and cited very strong balance sheet strength and the company’s disciplined underwriting and capital management.
AM Best noted SiriusPoint’s strongest-level risk-adjusted capitalisation at year-end 2025 (BCAR), reduced catastrophe exposure, de-risked investment portfolio, and a shift toward less volatile lines.
SiriusPoint (NYSE: SPNT) announced Board changes effective March 25 and May 20, 2026. Sabra Purtill was appointed to the Board effective March 25, 2026. Two directors, Franklin (Tad) Montross IV and Peter Tan, will step down following the 2026 annual general meeting on May 20, 2026.
Ms Purtill brings 40 years of insurance and financial services experience, including senior roles at AIG, Hartford, Assured Guaranty and ACE/Chubb. Montross served as Chair of the Risk & Capital Management Committee; Tan was on the Investment and Risk & Capital Management Committees.
SiriusPoint (NYSE: SPNT) reorganized into four business areas effective March 16, 2026: Global P&C Programs, Global Reinsurance, Global Accident & Health, and a London Market Specialty division including Lloyd's Syndicate 1945.
Patrick Charles will lead Global P&C Programs; David Govrin will head London Market Specialty while remaining CEO Global Reinsurance. Rob Gibbs will be leaving the company. Management says the move supports growth and tighter focus on programs and London specialty capabilities.
SiriusPoint (NYSE:SPNT) on Feb 25, 2026 received upgraded ratings from Fitch: operating subsidiaries IFS to A (Strong) from A-, Long-Term IDR to BBB+ from BBB, and senior debt to BBB from BBB-; Outlook is Stable.
Fitch cited improved earnings, strengthened capitalization, reduced leverage, solid three-year underwriting results, favorable reserve development and improved shareholders' equity as drivers of the upgrade.
SiriusPoint (NYSE:SPNT) reported Q4 2025 net income available to common shareholders of $240 million ($1.97 diluted) and operating EPS of $0.70. Annualized ROE was 44.9% with operating ROE of 17.1%. Q4 gross and net written premiums grew 18%. Full‑year 2025 net income was $444 million ($3.64 diluted) and operating EPS rose 49% to $2.55. Book value per diluted share ex. AOCI increased to $18.10 (up 23.6% YoY). The company announced a $100 million common share repurchase intent and a Series B preference share redemption, targeting leverage near 23% and year‑end BSCR of 247% (pro‑forma 232%).
SiriusPoint (NYSE: SPNT) announced that IMG, a SiriusPoint wholly owned subsidiary, will acquire World Nomads from nib Group. World Nomads writes about $40 million of gross written premium and expands IMG distribution into Australia, Brazil and Canada.
The majority purchase is expected to close in Q2–Q3 2026, with a final closing in H2 2027, subject to regulatory approvals and customary conditions.
SiriusPoint (NYSE: SPNT) will release its fourth quarter 2025 financial results after market close on Wednesday, February 18, 2026. A conference call with Q&A is scheduled for 8:30 am ET on Thursday, February 19, 2026, with a live webcast and on‑demand replay accessible via the company website.
Replay access details include domestic and international dial‑in numbers and a passcode; the replay is available through 11:59 pm ET on March 5, 2026.
SiriusPoint (NYSE: SPNT) will redeem all 8,000,000 of its 8.00% Resettable Fixed Rate Preference Shares, Series B on February 26, 2026 at a redemption price of $25.00 per share plus $0.49 unpaid accrued dividends per share.
The company intends to delist and deregister the Series B Preference Shares after completion. The redemption is intended to simplify and optimize the company's capital structure, reduce financial leverage, and eliminate the ongoing cost and cash servicing associated with the Series B Preference Shares.
SiriusPoint (NYSE: SPNT) appointed John Sakakeeny as Chief Underwriting Officer, North America P&C Insurance, effective February 2, 2026. He reports to Patrick Charles and Anthony Shapella and will lead underwriting, program management, product development and MGA oversight to support profitable growth.
The role is newly created after a multi-year growth phase; Mr Sakakeeny joins from The Hartford with 20 years of industry experience.
SiriusPoint (NYSE: SPNT) announced that its subsidiary IMG will acquire Assist America, a global emergency travel assistance provider founded in 1990.
Assist America generates around $20 million in annual assistance revenues, serves over 40 million members across Asia, the Middle East and North America, and primarily sells services to insurers as part of benefit plans.
The deal is described as accretive to return on equity and EPS, adds capital-light fee income, increases IMG’s scale in the US, and expands coverage into Asia and the Middle East. Financial and legal advisors for both parties were disclosed.