Meng Tee Saw
appointed Meng Tee Saw to fill a vacancy on the Board, to serve as a Class I director
Highest-materiality recent filing
SiriusPoint Q1 net income $100M, operating EPS $0.70, core combined ratio 88.9%
Net income $100M ($0.82 diluted EPS); operating EPS $0.70, up 37% YoY.
SiriusPoint appoints Sabra Purtill to board; Montross and Tan to step down
Sabra R. Purtill appointed to Board effective March 25, 2026 as Class I director; term ends at 2026 AGM.
SiriusPoint Q4 net income $240M ($1.97 EPS), operating EPS $0.70; plans $100M buyback
Q4 net income $240M ($1.97 diluted EPS); operating EPS $0.70; annualized ROE 44.9%.
SiriusPoint subsidiary IMG to acquire World Nomads travel insurance from nib
World Nomads has ~$40M gross written premium; deal expands IMG distribution to Australia, Brazil, Canada.
SiriusPoint completes sale of Arcadian Holdings stake for $140M cash
Subsidiary sold entire equity stake in Arcadian Holdings to Comet Bidco Limited (Lee Equity Partners affiliates).
SiriusPoint calls full redemption of Series B Preference Shares on Feb 26
Redemption of all 8 million Series B Preference Shares at $25.00 per share plus $0.49 accrued dividend.
SiriusPoint completes $250M sale of ArmadaCare to Ambac Financial Group
Sale of ArmadaCorp Capital (ArmadaCare) closed on Oct 31, 2025, for $250M cash.
SiriusPoint Q3 core combined ratio 89.1%, operating EPS $0.72, BVPS up 5.3%
Net income of $86.8M ($0.73 diluted EPS); operating EPS $0.72, up 41% YoY.
SiriusPoint sells 49% Arcadian stake to Lee Equity for $139m; extends capacity deal to 2031
Sale of 49% equity stake in Arcadian for $139 million, inclusive of pre-close dividend.
SiriusPoint sells ArmadaCare MGA to Ambac for $250M; expects pre-tax gain of ~$220-230M
Transaction values Armada at ~14x EBITDA; pro-forma tangible book value expected to rise ~10%.
SiriusPoint Q2 net income $59.2M ($0.50/sh); Core combined ratio improves to 89.5%
Net income $59.2M ($0.50 diluted EPS); underlying EPS $0.66, up 120% YoY.
SiriusPoint Q1 net income $57.6M, EPS $0.49, Core combined ratio 95.4%
Net income $57.6M ($0.49 diluted EPS) flat YoY; annualized ROE 12.9% within 12-15% target.
SiriusPoint closes $733M CM Bermuda repurchase and secondary offering by Loeb entities
Repurchased 45.7M shares at $14.25 and 21M warrants at $3.56 from CM Bermuda for ~$733M; CM Bermuda now has zero ownership.
SiriusPoint Q4 core combined ratio 90.2%, underlying net income $44M; ends repositioning
Core combined ratio improved 3.2 pts YoY to 90.2% in Q4; FY 2024 Core combined ratio 91.0%, underwriting income $200M.
SiriusPoint repurchases all CM Bermuda shares and warrants for $733M; $250M paid upfront
Repurchases 45.7M common shares at $14.25/sh and 21M warrants at $3.56/sh from CM Bermuda.
SiriusPoint Q3 underlying net income $89M, up 69% YoY; core combined ratio 88.5%
Q3 net income $5M; underlying net income $89M, up 69% YoY, driven by underwriting and investment income.
SiriusPoint Q2 net income $109.9M; core combined ratio 93.3%; buyback authorized $306M
Net income $109.9M ($0.57 diluted EPS) in Q2; half-year net income $200.7M ($1.05 diluted EPS).
SiriusPoint appoints Jim McKinney as CFO effective June 3, 2024; Steve Yendall to depart
McKinney to succeed Steve Yendall as CFO; Yendall departs June 7, 2024, entitled to severance.
SiriusPoint Q1 net income $90.8M; core combined ratio 91.4%, book value up 2.2%
Net income available to common shareholders of $90.8M ($0.49 diluted EPS); annualized ROE 15.4%.
SiriusPoint issues $400M 7% senior notes due 2029, tenders ~83% of 4.6% notes due 2026
Issued $400M aggregate principal of 7.000% Senior Notes due 2029.
SiriusPoint issues $400M of 7.000% Senior Notes due 2029
Aggregate principal $400M; notes bear 7.000% interest, mature in 2029.
SiriusPoint Q4 net income $94M, core combined ratio 93.4%; FY2023 ROE 16.2% beats guidance
Q4 net income $94M ($0.50 diluted EPS); FY net income $339M ($1.85 diluted EPS).
appointed Meng Tee Saw to fill a vacancy on the Board, to serve as a Class I director
On May 24, 2024, upon the recommendation of its Nominating and Corporate Governance Committee, the board of directors (the “Board”) of SiriusPoint Ltd. (the “Company”), increased the size of the Board from nine to ten members, and appointed Susan Cross to fill the newly created vacancy, to serve as a Class I director
Mr. Yendall will depart the Company on June 7, 2024 and will be entitled to the severance payments set forth under the applicable provisions of his employment agreement.
On May 23, 2024, SiriusPoint Ltd. (the “ Company ”) announced the appointment of James J. McKinney as its new Chief Financial Officer effective June 3, 2024, to replace Steve Yendall.
Max materiality 0.85 · Median 0.60 · Most common event earnings