SiriusPoint Announces Dividend on Series B Preference Shares

Rhea-AI Summary

SiriusPoint Ltd. (NYSE: SPNT) announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. The dividend will be paid on February 28, 2023 to shareholders on record as of February 13, 2023. SiriusPoint is a global insurer and reinsurer with a financial strength rating of A- from AM Best, S&P, and Fitch, and total capital of $2.9 billion. With offices in multiple locations including Bermuda, New York, and London, the company provides a range of insurance solutions worldwide.

Positive

• Quarterly cash dividend of $0.50 per share announced
• Strong financial strength rating of A- from multiple agencies
• Total capital of $2.9 billion supports future growth

Negative

• None.

HAMILTON, Bermuda, Feb. 23, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on February 28, 2023 to Series B shareholders of record as of February 13, 2023.

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents within our Insurance & Services segment. With $2.9 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch. For more information please visit www.siriuspt.com.

SiriusPoint Contacts

Investor Relations
Dhruv Gahlaut, Head of Investor Relations and Chief Strategy Officer
dhruv.gahlaut@siriuspt.com
+44 7514 659 918

Media
Clare Kerrigan, Chief Communications Officer
clare.kerrigan@siriuspt.com
+44 7720 163 949

FAQ

What is the dividend amount for SiriusPoint (SPNT)?

SiriusPoint has announced a quarterly cash dividend of $0.50 per share.

When is the dividend payment date for SPNT?

The dividend will be paid on February 28, 2023.

Who are the shareholders of record for the SPNT dividend?

Shareholders of record as of February 13, 2023, will receive the dividend.

What is the financial strength rating of SiriusPoint (SPNT)?

SiriusPoint has a financial strength rating of A- from AM Best, S&P, and Fitch.