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SiriusPoint SPNT Insurance & Services — Other underwriting expenses

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$21.7M+1.4%

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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:OtherUnderwritingExpense.

The source filing: SiriusPoint’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001576018-26-000085
Line itemInsurance & ServicesReinsuranceCoreEliminations (2)CorporateSegment Measure ReclassTotal
Net earned premium381.7257.1638.81.5640.3
Loss and loss adjustment expenses incurred, net216.5140.1356.6(1.8)3.4358.2
Acquisition costs, net104.275.7179.9(20.7)(2.4)156.8
Other underwriting expenses25.621.747.34.551.8
Underwriting income (loss)35.419.655.022.5(4.0)73.5
Services revenues59.459.4(29.8)(29.6)
Services expenses49.649.6(49.6)
Net services fee income9.89.8(29.8)20.0

ITEM 1. Financial Statements

FAQ

What is SiriusPoint's insurance & services — other underwriting expenses?
SiriusPoint (SPNT) reported insurance & services — other underwriting expenses of $25.6M in Q2 2026.
How has SiriusPoint's insurance & services — other underwriting expenses changed year-over-year?
SiriusPoint's insurance & services — other underwriting expenses increased by 13.3% year-over-year, from $22.6M to $25.6M.
What is the long-term trend for SiriusPoint's insurance & services — other underwriting expenses?
Over 4 years (2021 to 2025), SiriusPoint's insurance & services — other underwriting expenses has grown at a 31.1% compound annual growth rate (CAGR), from $29.2M to $86.3M.
What does insurance & services — other underwriting expenses mean?
Represents the general administrative and operational overhead costs allocated to the underwriting activities of the segment, excluding acquisition costs and loss expenses. It is a key indicator of the segment's operational leverage and cost management capabilities.

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