earnings
confidence high
sentiment positive
materiality 0.75
SiriusPoint Q1 net income $57.6M, EPS $0.49, Core combined ratio 95.4%
SiriusPoint Ltd
2025-Q1 EPS reported
$0.49
revenue$727,300,000
- Net income $57.6M ($0.49 diluted EPS) flat YoY; annualized ROE 12.9% within 12-15% target.
- Core combined ratio 95.4%; underwriting income $28.5M despite $59M net CA wildfire impact.
- Core net premiums written +20% YoY to $752M; gross premiums written +12% to $990M.
- Book value per diluted share ex AOCI $15.15, up 3.5% from Q4 2024; BSCR estimate 227%.
- AM Best and Fitch affirmed ratings, outlook revised to Positive; quarterly dividend $0.50 on Series B preferred.