---
schema_version: "secwatch.filing_event.v1"
accession: "0001576018-22-000122"
form_type: "8-K"
ticker: "SPNT"
cik: "0001576018"
company_name: "SiriusPoint Ltd"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:50:36.616559+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SiriusPoint Q3 net loss $98M, combined ratio 107.7%; restructuring costs $30-35M, leadership changes

## Summary
- Q3 net loss of $98M ($0.61 diluted EPS); combined ratio 107.7% including $115M catastrophe losses.
- Gross premiums written $844M (62% insurance, 38% reinsurance) reflecting shift to Insurance & Services.
- Restructuring plan: close Hamburg, Miami, Singapore offices; reduce Liege/Toronto; expected $30-35M costs in Q4 2022.
- President International Reinsurance Monica Cramér Manhem to retire June 30, 2023; David Govrin promoted to Group President & CUO.
- Quarterly dividend of $0.50 per Series B preference share payable Nov 30, 2022 to record holders Nov 15.

## SEC filing metadata
- accession: 0001576018-22-000122
- form_type: 8-K
- ticker: SPNT
- cik: 0001576018
- company_name: SiriusPoint Ltd
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/tpre-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576018-22-000122
- JSON: https://secwatch.observer/filing/0001576018-22-000122.json
- Plain text: https://secwatch.observer/filing/0001576018-22-000122.txt

## Key facts
- Earnings Releases
  SiriusPoint Ltd reported Nine months ended September 30, 2022 results: net income $376 million, EPS $2.35 per diluted common share.
  - Period: Nine months ended September 30, 2022
  - Net income: $376 million
  - EPS: $2.35 per diluted common share
  - Result: reported results
  source text: Nine months ended September 30, 2022 Highlights • Net loss of $376 million, or $2.35 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm
- Earnings Releases
  SiriusPoint Ltd reported third quarter ended September 30, 2022 results: net income $98 million, EPS $0.61 per diluted common share.
  - Period: third quarter ended September 30, 2022
  - Net income: $98 million
  - EPS: $0.61 per diluted common share
  - Result: reported results
  source text: Third Quarter 2022 Highlights • Net loss of $98 million, or $0.61 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm
- Executive change
  Monica Cramér Manhem retired as President, International Reinsurance at SiriusPoint Ltd.
  - Action: retired
  - Role: President, International Reinsurance
  source text: Monica Cramér Manhem will cease serving as the Company’s President, International Reinsurance President, effective as of June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm
- Executive change
  David Govrin changed role as Group President and Chief Underwriting Officer at SiriusPoint Ltd.
  - Action: promoted
  - Role: Group President and Chief Underwriting Officer
  source text: David Govrin, currently the Company’s Global Chief Underwriting Officer and President, Americas Reinsurance, was promoted to the position of Group President and Chief Underwriting Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm
- Restructurings & Charges
  SiriusPoint Ltd announced a restructuring with charges of approximately $30.0 million to $35.0 million affecting international branch network (offices in Hamburg, Miami, Singapore, and reduced footprint in Liege and Toronto).
  - Type: restructuring
  - Charge: approximately $30.0 million to $35.0 million
  - Affected area: international branch network (offices in Hamburg, Miami, Singapore, and reduced footprint in Liege and Toronto)
  source text: The Company's initial estimate is that it will incur approximately $30.0 million to $35.0 million of total costs, primarily in the fourth quarter of 2022, to implement the Restructuring Plan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601822000122/0001576018-22-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.