NYSE$SPNT
Siriuspoint Ltd · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported sixth consecutive quarter of underwriting profits and strong net income.
SiriusPoint reported a strong start to 2024 with a core combined ratio of 91.4% and net income of $90.8 million. The company also completed a debt restructuring that will further reduce financial leverage.
- Core combined ratio of 91.4%, a 5% improvement versus prior year excluding the loss portfolio transfer.
- Net income available to SiriusPoint common shareholders of $90.8 million, or $0.49 per diluted common share.
- Net investment income was strong at $78.8 million.
- Book value per diluted common share increased $0.29 per share, or 2.2%, from December 31, 2023 to $13.64 per share.
Headline financials
Revenue & EPS history
SiriusPoint · Revenue · Quarterly
$686M
Revenue by segment
SiriusPoint · $257M total across 1 segment · Q3 2023
- Reinsurance GWP$257M—100.0%
Forward guidance
The first quarter performance is on track to meet the improved ROE guidance of 12%-15%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.5%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+1.6%
Avg return
30 days after
67%
38 / 57 earnings
Positive
+10.1%
Q2 2018
Best reaction
-16.0%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.2% | -4.7% | -7.9% | |
| Q4 2025 | +6.6% | +2.8% | -0.9% | |
| Q3 2025 | +4.0% | +6.8% | +14.3% | |
| Q1 2025 | +7.6% | +6.0% | +5.9% | |
| Q4 2024 | -0.1% | +1.6% | +12.4% | |
| Q3 2024 | -2.6% | -5.7% | +12.6% | |
| Q2 2024 | +1.6% | -2.1% | +4.3% | |
| Q1 2024 | +0.7% | +0.7% | +8.6% | |
| Q4 2023 | -6.1% | -3.0% | +3.4% | |
| Q3 2023 | -5.8% | +2.3% | +5.8% | |
| Q2 2023 | +7.1% | +9.8% | +14.8% | |
| Q1 2023 | -1.2% | +3.5% | +5.0% | |
| Q4 2022 | -4.1% | +0.9% | +2.4% | |
| Q3 2022 | -16.0% | -8.7% | +3.6% | |
| Q2 2022 | +4.8% | +7.9% | +10.8% | |
| Q1 2022 | +2.2% | +1.9% | -8.0% | |
| Q4 2021 | -6.5% | -10.5% | -4.1% | |
| Q3 2021 | -0.9% | +2.2% | -21.1% | |
| Q2 2021 | +3.9% | +5.4% | +1.2% | |
| Q4 2020 | -3.6% | -0.7% | -0.5% | |
| Q1 2021 | -3.6% | -0.7% | -0.5% | |
| Q3 2020 | +2.9% | +9.2% | +21.9% | |
| Q4 2019 | +0.3% | -1.5% | -4.5% | |
| Q2 2020 | +8.2% | +8.6% | +4.3% | |
| Q1 2020 | -9.5% | -7.2% | -4.0% | |
| Q3 2019 | -3.2% | -1.6% | -4.0% | |
| Q2 2019 | +5.8% | +3.6% | +3.0% | |
| Q1 2019 | +3.2% | +1.6% | +11.8% | |
| Q4 2018 | -4.5% | -4.2% | -10.3% | |
| Q3 2018 | +4.7% | +1.5% | -11.7% | |
| Q2 2018 | +10.1% | +9.3% | +8.5% | |
| Q1 2018 | -3.2% | -4.7% | -4.7% | |
| Q4 2017 | -1.1% | +2.9% | +0.4% | |
| Q3 2017 | +2.7% | -3.0% | -7.6% | |
| Q2 2017 | +2.7% | +1.7% | -3.1% | |
| Q1 2017 | +1.7% | -0.4% | +1.7% | |
| Q4 2016 | +0.4% | +2.5% | -2.9% | |
| Q3 2016 | +6.2% | +8.8% | +1.3% | |
| Q2 2016 | +1.0% | +1.3% | +1.1% | |
| Q1 2016 | +2.6% | — | — | |
| Q4 2015 | -3.3% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -3.2% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +0.5% | — | — | |
| Q3 2014 | -0.2% | — | — | |
| Q2 2014 | +3.1% | — | — | |
| Q1 2013 | +1.8% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q4 2013 | +0.9% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q2 2012 | +0.9% | — | — | |
| Q3 2012 | +1.5% | — | — | |
| Q3 2013 | +1.5% | — | — | |
| Q4 2012 | +1.5% | — | — |
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