SiriusPoint Announces First Quarter 2021 Earnings Results
HAMILTON, Bermuda, May 10, 2021 /PRNewswire/ -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT) today announced results for its first quarter ended March 31, 2021.
First Quarter 2021 Highlights
Net income of $130.9 million, or $1.05 per diluted common share Tangible diluted book value per share of $13.97 as of March 31, 2021 Combined ratio of 96.6% On a reported basis, catastrophe losses were $5.7 million or 2.2 percentage points on the Company's combined ratio Annualized return on average common equity of 26.4% Net investment income of $186.5 million A- ratings confirmed from AM Best, S&P and Fitch during the first quarter 2021Sid Sankaran, Chairman and Chief Executive Officer
