---
schema_version: "secwatch.filing_event.v1"
accession: "0001576018-23-000013"
form_type: "8-K"
ticker: "SPNT"
cik: "0001576018"
company_name: "SiriusPoint Ltd"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:40:12.022392+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SiriusPoint Q4 net loss $27M; full-year loss $403M; aims for double-digit ROACE by 2024

## Summary
- Q4 net loss $27M ($0.17/diluted share); full-year net loss $403M ($2.51/diluted share).
- Q4 combined ratio 90.4% (underwriting income $58M); full-year combined ratio 96.4%.
- Tangible book value per diluted share fell 21.4% to $10.43 from Dec 2021.
- Targeting >$50M cost reduction and double-digit ROACE by 2024; 2023 transitional.
- CVRs mature Feb 26, 2023; payment formula based on VWAP. Series B preference dividend $0.50/share payable Feb 28.

## SEC filing metadata
- accession: 0001576018-23-000013
- form_type: 8-K
- ticker: SPNT
- cik: 0001576018
- company_name: SiriusPoint Ltd
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576018/000157601823000013/0001576018-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576018/000157601823000013/tpre-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576018-23-000013
- JSON: https://secwatch.observer/filing/0001576018-23-000013.json
- Plain text: https://secwatch.observer/filing/0001576018-23-000013.txt

## Key facts
- Earnings Releases
  SiriusPoint Ltd reported full year ended December 31, 2022 results: net income Net loss of $403 million, or $2.51 per diluted common share, EPS $2.51 per diluted common share. Guidance reaffirmed.
  - Period: full year ended December 31, 2022
  - Net income: Net loss of $403 million, or $2.51 per diluted common share
  - EPS: $2.51 per diluted common share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net loss of $403 million, or $2.51 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601823000013/0001576018-23-000013-index.htm
- Earnings Releases
  SiriusPoint Ltd reported fourth quarter ended December 31, 2022 results: net income Net loss of $27 million, or $0.17 per diluted common share, EPS $0.17 per diluted common share. Guidance reaffirmed.
  - Period: fourth quarter ended December 31, 2022
  - Net income: Net loss of $27 million, or $0.17 per diluted common share
  - EPS: $0.17 per diluted common share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net loss of $27 million, or $0.17 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576018/000157601823000013/0001576018-23-000013-index.htm

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