UPDATE: SiriusPoint (SPNT) Tops Q2 EPS by 7c
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SiriusPoint Announces Second Quarter 2021 Earnings Results
August 5, 2021 4:10 PM EDTHAMILTON, Bermuda, Aug. 5, 2021 /PRNewswire/ -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE: SPNT) today announced results for its second quarter ended June 30, 2021.
Second Quarter 2021 Highlights
Net income of $64.5 million, or $0.37 per diluted common share Tangible diluted book value per share increased $0.33, or 2.4%, from the first quarter of 2021 to $14.30 Combined ratio of 92.8% and net underwriting income of $33.3 million Catastrophe losses were $12.7 million or 2.7 percentage points on the Company's combined ratio Annualized return on average common equity of 10.6% Net investment income of $77.4 million... More