SiriusPoint Q4 2021 Earnings Report
Key Takeaways
SiriusPoint's Q4 2021 results showed a net loss of $140 million, or $0.88 per diluted common share. The core loss was $7 million, including underwriting income of $35 million and a Core combined ratio of 93.6%, offset by a Core net services loss of $41 million. Net investment loss was $151 million, including a (7.5)% return from the TP Enhanced Fund.
Net loss of $140 million, or $0.88 per diluted common share.
Tangible diluted book value per share decreased $0.80, or 5.7%, from the third quarter of 2021 to $13.27.
Core loss of $7 million, which includes underwriting income of $35 million and Core combined ratio of 93.6%, offset by a Core net services loss of $41 million.
Net investment loss of $151 million, including (7.5)% return from our investment in the TP Enhanced Fund.
SiriusPoint
SiriusPoint
Forward Guidance
Going into 2022, our focus remains on pursuing profitable and sustainable growth, and continuing to shift our business mix as we execute our Insurance & Services strategy.