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SiriusPoint SPNT Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments at other companies
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Where this comes from
Reported directly by SiriusPoint in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseOpeningBalanceAdjustments.
The source filing: SiriusPoint’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:19 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001576018-26-000065
| Line item | March 31,2026 | March 31,2025 |
|---|---|---|
| Gross reserves for loss and loss adjustment expenses, beginning of period | $5,782.5 | $5,653.9 |
| Less: loss and loss adjustment expenses recoverable, beginning of period | (2,102.3) | (2,315.3) |
| Less: deferred gains on retroactive reinsurance contracts (1) | — | 8.5 |
| Net reserves for loss and loss adjustment expenses, beginning of period | 3,680.2 | 3,347.1 |
| Increase (decrease) in net loss and loss adjustment expenses incurred in respect of losses occurring in: | ||
| Current year | 380.8 | 436.0 |
| Prior years | (17.9) | (34.2) |
| Total incurred loss and loss adjustment expenses | 362.9 | 401.8 |
ITEM 1. Financial Statements
FAQ
- What is SiriusPoint's liability for unpaid claims and claims adjustment expense opening balance adjustments?
- SiriusPoint (SPNT) reported liability for unpaid claims and claims adjustment expense opening balance adjustments of $0 in Q1 2026.
- How has SiriusPoint's liability for unpaid claims and claims adjustment expense opening balance adjustments changed year-over-year?
- SiriusPoint's liability for unpaid claims and claims adjustment expense opening balance adjustments decreased by 100.0% year-over-year, from $6.6M to $0.
- What is the long-term trend for SiriusPoint's liability for unpaid claims and claims adjustment expense opening balance adjustments?
- Over 5 years (2020 to 2025), SiriusPoint's liability for unpaid claims and claims adjustment expense opening balance adjustments has grown at a -100.0% compound annual growth rate (CAGR), from -$6M to $0.
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