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Dec 31, 2023
SiriusPoint Q4 2023 Earnings Report
SiriusPoint demonstrated strong progress in Q4 2023, marked by record underwriting profits, net service fee income, and net income.
Key Takeaways
SiriusPoint reported a net income available to common shareholders of $94 million, or $0.50 per diluted common share for Q4 2023. The Core combined ratio was 93.4%. The company's book value per diluted common share increased by 10.2% from September 30, 2023 to $13.35 per share.
Net income available to SiriusPoint common shareholders of $94 million, or $0.50 per diluted common share
Core income of $46 million, which includes underwriting income of $37 million, Core combined ratio of 93.4%
Core net services fee income of $12 million, with service margin of 21.7%
Book value per diluted common share increased $1.24 per share, or 10.2%, from September 30, 2023 to $13.35 per share
SiriusPoint
SiriusPoint
Forward Guidance
SiriusPoint aims to deliver a 12-15% ROE during the medium term.