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SiriusPoint SPNT Reinsurance — Acquisition costs, net

Other segment segments

Insurance & Services
$108M+23.7%

Similar metrics at other companies

ESN
ESNTReinsurance — Acquisition Costs, Net
-$6.74M-1,789%
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AXSReinsurance — Acquisition costs
$80.49M+14.1%
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ACGLReinsurance — Acquisition expenses
$347M-16.8%
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AXSReinsurance — Acquisition cost ratio (as a percent)
23.8%+2.5pp
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ACGLReinsurance — Acquisition expense ratio
19%-1.6pp
Axis Capital Holders logo
AXSReinsurance — Year 8
6.7%+6.1pp

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

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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

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Operating cash flow$141.9M+260%

Valuation

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Market cap$2.78B+25.6%
Enterprise value$2.47B+25.1%
P/E5.6×-6.5×
P/S0.9×0.0×

Profitability

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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:DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1.

The official record: SiriusPoint’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SiriusPoint's reinsurance — acquisition costs, net?
SiriusPoint (SPNT) reported reinsurance — acquisition costs, net of $63.8M in Q1 2026.
How has SiriusPoint's reinsurance — acquisition costs, net changed year-over-year?
SiriusPoint's reinsurance — acquisition costs, net decreased by 4.9% year-over-year, from $67.1M to $63.8M.
What is the long-term trend for SiriusPoint's reinsurance — acquisition costs, net?
Over 4 years (2021 to 2025), SiriusPoint's reinsurance — acquisition costs, net has grown at a -2.1% compound annual growth rate (CAGR), from $302.7M to $277.9M.
What does reinsurance — acquisition costs, net mean?
The expenses directly related to acquiring new or renewal insurance business, including commissions, brokerage fees, and premium taxes, net of any ceding commissions received. Monitoring this helps evaluate the cost-efficiency of the segment's distribution and sales strategy.