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

Other segment segments

Insurance & Services
$216.5M+3.5%

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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+26.9%
Enterprise value$2.7B+38.7%
P/E5.4×-10.8×
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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The source filing: SiriusPoint’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001576018-26-000085
Line itemInsurance & ServicesReinsuranceCoreEliminations (2)CorporateSegment Measure ReclassTotal
Gross written premium$644.6$336.9$981.5$(3.3)$978.2
Net written premium422.4287.1709.50.8710.3
Net earned premium381.7257.1638.81.5640.3
Loss and loss adjustment expenses incurred, net216.5140.1356.6(1.8)3.4358.2
Acquisition costs, net104.275.7179.9(20.7)(2.4)156.8
Other underwriting expenses25.621.747.34.551.8
Underwriting income (loss)35.419.655.022.5(4.0)73.5
Services revenues59.459.4(29.8)(29.6)

ITEM 1. Financial Statements

FAQ

What is SiriusPoint's reinsurance — loss and loss adjustment expenses incurred, net?
SiriusPoint (SPNT) reported reinsurance — loss and loss adjustment expenses incurred, net of $140.1M in Q2 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 10.4% year-over-year, from $156.4M to $140.1M.
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.

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