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SiriusPoint SPNT Reinsurance — Attritional losses

Other segment segments

Insurance & Services
$230.8M+11.2%

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ACGLReinsurance — Losses and loss adjustment expenses
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$1.88B+5.8%
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ACGLReinsurance — Net Losses and Loss Adjustment Expenses Incurred
$1.15B+6.5%
ESN
ESNTReinsurance — Loss ratio
33.9%
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ACGLReinsurance — Underwriting Income Loss Segment
$441M+164%
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PGRUnderwriting operations — Losses (excluding catastrophe losses)
$11.68B+9.5%

Other financials

Income statement

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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

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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 spnt:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAttritionalLosses.

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 — attritional losses?
SiriusPoint (SPNT) reported reinsurance — attritional losses of $145.7M in Q1 2026.
How has SiriusPoint's reinsurance — attritional losses changed year-over-year?
SiriusPoint's reinsurance — attritional losses decreased by 11.2% year-over-year, from $164M to $145.7M.
What is the long-term trend for SiriusPoint's reinsurance — attritional losses?
Over 3 years (2022 to 2025), SiriusPoint's reinsurance — attritional losses has grown at a -4.8% compound annual growth rate (CAGR), from $728.4M to $629.2M.
What does reinsurance — attritional losses mean?
Losses that occur in the normal course of business, excluding large, infrequent catastrophe events. Tracking these losses helps management identify trends in the underlying risk quality and the adequacy of the segment's standard pricing models.