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SiriusPoint SPNT Reinsurance — Other underwriting expenses ratio

Other segment segments

Insurance & Services
6.9%+23.2%

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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:UnderwritingExpenseRatio.

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 — other underwriting expenses ratio?
SiriusPoint (SPNT) reported reinsurance — other underwriting expenses ratio of 7.6% in Q1 2026.
How has SiriusPoint's reinsurance — other underwriting expenses ratio changed year-over-year?
SiriusPoint's reinsurance — other underwriting expenses ratio increased by 16.9% year-over-year, from 6.5% to 7.6%.
What is the long-term trend for SiriusPoint's reinsurance — other underwriting expenses ratio?
Over 3 years (2022 to 2025), SiriusPoint's reinsurance — other underwriting expenses ratio has grown at a -7.4% compound annual growth rate (CAGR), from 28.1% to 22.3%.
What does reinsurance — other underwriting expenses ratio mean?
Measures the administrative and operational costs incurred to support underwriting activities, expressed as a percentage of net earned premiums. This metric helps evaluate the company's operational leverage and cost management discipline.