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SiriusPoint SPNT Change in loss reserves

Change in loss reserves at other companies

RenaissanceRe Holdings logo
RenaissanceRe HoldingsRNR
-$11.29M-101%
Everest Group logo
Everest GroupEG
$553M-58.8%
Axis Capital Holders logo
Axis Capital HoldersAXS
$187.86M-32.6%
W.R. Berkley logo
W.R. BerkleyWRB
$390.62M-28.2%
Berkshire Hathaway logo
Berkshire HathawayBRK.A
$499M
Hamilton Insurance Group, Ltd. logo
Hamilton Insurance Group, Ltd.HG
$180.63M-36.1%

Other financials

Income statement

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Revenue$774.6M+6.5%
Net income$102.2M+65.9%
EPS (diluted)$0.82+67.3%

Balance sheet

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Cash & equivalents$1.0B+9.2%
Total debt$702.9M+2.2%
Total equity$2.3B+13.7%
Total assets$12.5B+1.6%

Cash flow

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Operating cash flow$141.9M+260%

Valuation

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Market cap$2.78B+25.6%
Enterprise value$2.47B+25.1%
P/E5.6×-6.5×
P/S0.9×0.0×

Profitability

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Net margin15.4%+8.4pp

Returns & leverage

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Return on equity23.1%+15.2pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by SiriusPoint in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve.

The official record: SiriusPoint’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SiriusPoint's change in loss reserves?
SiriusPoint (SPNT) reported change in loss reserves of -$49.8M in Q1 2026.
How has SiriusPoint's change in loss reserves changed year-over-year?
SiriusPoint's change in loss reserves decreased by 145.8% year-over-year, from $108.7M to -$49.8M.
What is the long-term trend for SiriusPoint's change in loss reserves?
Over 2 years (2021 to 2023), SiriusPoint's change in loss reserves has grown at a -25.1% compound annual growth rate (CAGR), from $626.1M to $350.9M.
What does change in loss reserves mean?
Represents the net change in the estimated liability for claims that have been reported but not yet paid, as well as claims incurred but not reported (IBNR). This is a fundamental metric for insurance companies that indicates the adequacy of underwriting reserves and the expected future cash outflows for claims. It serves as a primary indicator of long-term underwriting performance and financial stability.