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SiriusPoint SPNT Reinsurance — Loss and loss adjustment expenses incurred, net

Other segment segments

Insurance & Services
$215.7M+2.8%

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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 us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

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 — loss and loss adjustment expenses incurred, net?
SiriusPoint (SPNT) reported reinsurance — loss and loss adjustment expenses incurred, net of $134M in Q1 2026.
How has SiriusPoint's reinsurance — loss and loss adjustment expenses incurred, net changed year-over-year?
SiriusPoint's reinsurance — loss and loss adjustment expenses incurred, net decreased by 31.4% year-over-year, from $195.3M to $134M.
What is the long-term trend for SiriusPoint's reinsurance — loss and loss adjustment expenses incurred, net?
Over 4 years (2021 to 2025), SiriusPoint's reinsurance — loss and loss adjustment expenses incurred, net has grown at a -10.0% compound annual growth rate (CAGR), from $999.6M to $656.2M.
What does reinsurance — loss and loss adjustment expenses incurred, net mean?
The total costs associated with claims paid and the estimated liabilities for claims that have occurred but may not yet be fully settled, net of reinsurance recoveries. This metric is a critical measure of underwriting discipline and the accuracy of initial risk pricing.