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SiriusPoint SPNT Casualty — Year 1

Other product segments

A&H
54.6%-4.0%
Other Specialties
43.9%+6.3%
Property Other
39.1%+10.1%
Other
37.9%-0.8%
Property Catastrophe
25.2%+142%

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51.3%-3.8pp
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62%+0.7pp
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28%-12.6pp

Other financials

Income statement

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Revenue$744.1M-0.5%
Net income$68.6M+8.5%
EPS (diluted)$0.58+16.0%

Balance sheet

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Cash & equivalents$745.9M-19.2%
Total debt$700.9M-0.8%
Total equity$2.3B+8.1%
Total assets$12.7B+2.4%

Cash flow

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Operating cash flow$141.9M+260%

Valuation

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Market cap$2.75B+26.9%
Enterprise value$2.7B+38.7%
P/E5.4×-10.8×
P/S0.9×0.0×

Profitability

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Net margin15.6%+10.5pp

Returns & leverage

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Return on equity23.1%+17.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by SiriusPoint in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne.

The source filing: SiriusPoint’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 5:12 PM EST
Fiscal year
FY2025
Accession
0001576018-26-000032
Line itemYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Insurance & Services
A&H54.6%30.4%6.5%0.8%0.5%(0.1)%(0.1)%0.5%
Casualty5.2%9.5%9.5%15.5%8.9%1.3%
Other Specialties18.5%17.6%41.1%1.6%1.5%
Property Other13.8%34.1%24.5%6.6%15.0%(0.9)%
Property Catastrophe(1.8)%19.1%25.9%45.2%
Reinsurance
Casualty12.6%16.4%13.9%12.5%9.3%7.6%5.6%3.8%1.7%0.5%

Item 16 10-K Summary

FAQ

What is SiriusPoint's casualty — year 1?
SiriusPoint (SPNT) reported casualty — year 1 of 17.8% in Q4 2025.
How has SiriusPoint's casualty — year 1 changed year-over-year?
SiriusPoint's casualty — year 1 decreased by 2.2% year-over-year, from 18.2% to 17.8%.
What does casualty — year 1 mean?
This metric represents the loss development or reserve status for the first year following the accident year in the casualty segment. It is used to analyze the speed of claim reporting and the initial accuracy of loss estimates. Investors monitor this to gauge early-stage underwriting performance and potential volatility in the casualty book.

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