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SiriusPoint Reports Significant Progress Made During 2022 and Aims to Achieve Double-Digit Return on Average Common Equity by 2024
February 23, 2023 4:15 PM ESTHAMILTON, Bermuda, Feb. 23, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (SiriusPoint or the Company) (NYSE: SPNT) today announced results for its fourth quarter ended December 31, 2022.
Progress made as accident year combined ratio improved during 2022 and investment portfolio de-risked. 1/1 renewals have been positive and we continue to operate with a healthy balance sheetTarget >$50 million of cost reduction and double-digit return on average common equity by 2024 as we aim to become a high performing underwriter and operate with a simplified, fully-integrated and... More