What does property other — IBNR loss and ALAE reserves, net mean?

This represents the net reserves set aside for losses that have been incurred but not yet reported (IBNR) and associated loss adjustment expenses for the Property Other segment. It is a critical actuarial estimate of future liabilities for claims that have occurred but are not yet in the company's system. High levels of IBNR reserves indicate potential future volatility in claims payments.

SiriusPoint SPNT Property Other — IBNR loss and ALAE reserves, net

Other product segments

Casualty

142,870,000,000%+98.6%

Other Specialties

33,560,000,000%+32.9%

A&H

31,920,000,000%+29.7%

Property Catastrophe

9,590,000,000%-25.5%

Other

0%—

Similar metrics at other companies

CNACorporate & Other — Net IBNR Reserves

$238M-11.2%

HIGProperty Insurance — IBNR Reserves

27,100,000,000%-5,100,000,000pp

HGInternational - Property — IBNR

$82.47M+6.3%

KNSLProperty — Total of IBNR liabilities plus expected development on reported claims

$75.57M+22.3%

RNRProperty — IBNR and ACR

$3.04B-4.2%

HIGProfessional liability — IBNR Reserves

$366M+8.6%

Other financials

Income statement

See full

Revenue$774.6M+6.5%

Net income$102.2M+65.9%

EPS (diluted)$0.82+67.3%

Balance sheet

See full

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

See full

Operating cash flow$141.9M+260%

Valuation

See full

Market cap$2.78B+25.6%

Enterprise value$2.47B+25.1%

P/E5.6×-6.5×

P/S0.9×0.0×

Profitability

See full

Net margin15.4%+8.4pp

Returns & leverage

See full

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:ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet.

The official record: SiriusPoint’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SiriusPoint's property other — IBNR loss and ALAE reserves, net?: SiriusPoint (SPNT) reported property other — IBNR loss and ALAE reserves, net of 17,740,000,000% in Q4 2025.
What does property other — IBNR loss and ALAE reserves, net mean?: This represents the net reserves set aside for losses that have been incurred but not yet reported (IBNR) and associated loss adjustment expenses for the Property Other segment. It is a critical actuarial estimate of future liabilities for claims that have occurred but are not yet in the company's system. High levels of IBNR reserves indicate potential future volatility in claims payments.