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SiriusPoint SPNT Property Catastrophe — Year 2

Other product segments

Property Other
72.1%+3.9%
Other Specialties
44.2%-0.7%
Other
34.6%+1.2%
A&H
30.4%+0.7%
Casualty
25.9%-9.1%

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45%+3.0pp
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CNASurety — Year 2
36.2%-4.8pp
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UFCSPersonal — Year 2
35.2%+2.2pp
Hagerty logo
HGTYAuto — Year 2
24.3%-0.8pp
Greenlight Capital RE, Ltd. logo
GLRECasualty — Year 2
34%+0.2pp

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+25.0%
Enterprise value$2.7B+36.8%
P/E5.4×-11.0×
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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo.

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 property catastrophe — year 2?
SiriusPoint (SPNT) reported property catastrophe — year 2 of 40.8% in Q4 2025.
What does property catastrophe — year 2 mean?
Represents the loss development or reserve status for the property catastrophe segment during the second year following the inception of the underwriting period. This metric helps in tracking the maturation of claims and the adjustment of reserves as more information becomes available. It is essential for understanding the mid-term performance of the segment's underwriting.

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