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SiriusPoint (SPNT)

Earnings summaries and quarterly performance for SiriusPoint.

Recent press releases and 8-K filings for SPNT.

SiriusPoint Reports Strong Q3 2025 Results, Announces MGA Divestitures, and Receives S&P Outlook Upgrade
SPNT
Earnings
M&A
Revenue Acceleration/Inflection
  • SiriusPoint reported a strong Q3 2025 operating return on equity of 17.9% and a core combined ratio of 89.1%, contributing to a year-to-date operating return on equity of 16.1%, exceeding its 12% to 15% target range.
  • The company achieved 26% year-over-year growth in gross premiums written for Q3 2025, marking its sixth consecutive quarter of double-digit growth.
  • SiriusPoint announced agreements to sell its 100% stake in Armada and 49% stake in Arcadian for combined total proceeds of $389 million, which is expected to increase book value per share by approximately $1.75 upon closure.
  • S&P upgraded SiriusPoint's outlook to positive in Q3 2025, following previous upgrades from AM Best and Fitch.
Oct 31, 2025, 12:30 PM
SiriusPoint Reports Strong Q3 2025 Earnings and Strategic MGA Sales
SPNT
Earnings
Guidance Update
M&A
  • SiriusPoint reported a Core Combined Ratio of 89.1% and an Operating Return on Equity of 17.9% for Q3 2025, marking its twelfth consecutive quarter of underwriting profit.
  • The company achieved Gross Premiums Written of $872 million, an increase of 26% year-over-year, and Operating Earnings Per Share of $0.72, up 41% year-over-year for Q3 2025.
  • Book Value Per Share (excluding AOCI) grew by 6% in the quarter to $16.47 at Q3 2025, and 16% year-to-date. S&P upgraded the company's outlook to 'Positive' from 'Stable'.
  • SiriusPoint agreed to sell two MGAs, Armada for $250 million and Arcadian for $139 million, which are expected to increase BVPS by an additional $1.75 upon their respective closings in Q4 2025 and Q1 2026.
Oct 31, 2025, 12:30 PM
SiriusPoint Reports Strong Q3 2025 Results and MGA Disposals
SPNT
Earnings
M&A
Revenue Acceleration/Inflection
  • SiriusPoint Ltd. reported strong Third Quarter 2025 results, with a Core combined ratio of 89.1% and underwriting income for the Core business increasing 11% to $70 million.
  • The company achieved an operating return on equity of 17.9% for Q3 2025, contributing to a year-to-date operating return on equity of 16.1%, both exceeding the 12-15% target range.
  • Gross premiums written for the Core business grew 26% in Q3 2025, marking the sixth consecutive quarter of double-digit growth, and diluted earnings per common share were $0.73.
  • The announced sales of ArmadaCare and Arcadian MGAs are expected to unlock significant value, representing an increase of approximately $1.75 per share to book value, with gains of c.$180 million (Armada) and c.$25-30 million (Arcadian).
Oct 30, 2025, 8:19 PM
SiriusPoint Reports Strong Third Quarter 2025 Results
SPNT
Earnings
Revenue Acceleration/Inflection
M&A
  • SiriusPoint Ltd. announced a Core combined ratio of 89.1% for the third quarter ended September 30, 2025, with underwriting income for its Core business increasing 11% to $70 million.
  • The company achieved an operating return on equity of 17.9% in the third quarter, contributing to a year-to-date operating return on equity of 16.1%, both exceeding its 12-15% 'across the cycle' target range.
  • Gross premiums written for the Core business grew 26% in the third quarter of 2025, marking the sixth consecutive quarter of double-digit growth.
  • Diluted earnings per common share were $0.73, and book value per diluted common share (ex. AOCI) increased 5.3% in the quarter to $16.47 as of September 30, 2025.
Oct 30, 2025, 8:15 PM
SiriusPoint Announces Sale of Arcadian MGA
SPNT
M&A
Earnings
New Projects/Investments
  • SiriusPoint Ltd. (SPNT) has agreed to sell its 49% equity stake in Arcadian Risk Capital to Lee Equity Partners for $139 million, including a pre-close dividend.
  • The transaction is anticipated to close by the end of the first quarter of 2026, subject to regulatory approvals.
  • The company expects to recognize a pre-tax gain of $25-30 million from the sale, in addition to a $96 million gain already recognized in Q2 2024.
  • SiriusPoint has also renewed and extended its capacity agreement with Arcadian until the end of 2031.
Oct 6, 2025, 10:05 AM
SiriusPoint announces sale of Arcadian stake and extended capacity deal
SPNT
M&A
New Projects/Investments
  • SiriusPoint has agreed to sell its 49% equity stake in Arcadian Risk Capital to Lee Equity Partners for a total consideration of $139 million, which includes a pre-close dividend.
  • Upon completion of the sale, SiriusPoint expects to recognize a pre-tax gain of $25-30 million, in addition to a $96 million gain previously recognized in the second quarter of 2024.
  • The company has also renewed and extended its capacity agreement with Arcadian until the end of 2031.
  • The transaction is expected to close prior to the end of the first quarter of 2026, subject to regulatory approvals and customary closing conditions.
Oct 6, 2025, 10:02 AM
SiriusPoint's S&P Outlook Revised to Positive
SPNT
Earnings
  • S&P Global Ratings has revised its outlook on SiriusPoint Ltd. and its operating subsidiaries to Positive from Stable.
  • This positive revision is attributed to the Company's underwriting profits over the past two and a half years and a significantly reduced risk profile.
  • S&P affirmed SiriusPoint's 'A-' issuer credit and financial strength ratings for core operating subsidiaries and its 'BBB' long-term issuer credit rating.
  • The improved outlook also reflects a substantial reduction in exposure to natural catastrophe and investment risk, alongside robust underwriting results.
  • Earlier this year, Fitch Ratings and AM Best also revised SiriusPoint's outlook to Positive from Stable.
Oct 2, 2025, 2:03 PM
SiriusPoint sells ArmadaCare to Ambac Financial Group
SPNT
M&A
  • Ambac Financial Group, Inc. is acquiring ArmadaCare from SiriusPoint Ltd. for $250 million.
  • The transaction is expected to close in the fourth quarter of 2025.
  • SiriusPoint will continue its valued partnership with ArmadaCare through a new five-year commitment.
Sep 29, 2025, 9:05 PM
SiriusPoint Announces Sale of ArmadaCare MGA
SPNT
M&A
Guidance Update
  • SiriusPoint Ltd. has entered into an agreement to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group Inc. for $250 million.
  • Upon completion of the sale, SiriusPoint expects to recognize a pre-tax gain of $220-230 million and anticipates a 10% increase in pro-forma tangible book value.
  • SiriusPoint will continue its capacity partnership with Armada until the end of 2030.
  • The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals.
Sep 29, 2025, 9:02 PM
SiriusPoint Announces Sale of ArmadaCare
SPNT
M&A
Guidance Update
  • SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group Inc. for $250 million.
  • Upon completion of the sale, SiriusPoint expects to recognize a pre-tax gain of $220-230 million and projects an approximate 10% increase in pro-forma tangible book value.
  • SiriusPoint will continue its capacity partnership with ArmadaCare until the end of 2030.
  • The transaction is anticipated to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals.
Sep 29, 2025, 8:30 PM