Siriuspoint Ltd

SiriusPoint reported second-quarter 2026 results with a combined ratio of 91.4% and underwriting income of $55 million, while management reiterated its across-the-cycle return on equity target of 12% to 15% and said it remains on track for a full-year other underwriting expense ratio of approximately 7%. Core gross written premium increased 6% to $982 million, with Insurance and Services gross written premium growing 15% and reinsurance premium declining 9% as the company pulls back from aviation, property catastrophe, and certain casualty segments. Operating net income was $79 million, or $0.67 per diluted share, and diluted book value per share excluding accumulated other comprehensive income rose $0.50 to $19.48. The company repurchased $95 million of common shares year-to-date, bringing total capital return to shareholders in 2026 to $295 million including a preference share redemption, with $79 million remaining under its authorization. Management noted that a shift toward longer-duration lines reduced earned premium recognized in the quarter by approximately 10%, or $31 million, describing it as a timing impact that will extend throughout 2026 and benefit early 2027.

SiriusPoint has appointed Emily Yoo as Chief Operating Officer, a newly created role effective August 10, 2026. She will be based in New York and join the Executive Leadership Team, overseeing Technology, Claims, Transformation, and operational excellence. Most recently, Yoo led global operations, technology, and transformation within Zurich's travel insurance business, and previously held roles at Bain, Deloitte, and Tokio Marine. CEO Scott Egan said her appointment reflects the company's progress and future ambition.

SiriusPoint has appointed Mark Aspinall as Head of its new Fine Art & Specie team, effective January 2027. Based in London and reporting to Global Head of Marine Chris Fenn, Aspinall will establish the offering and build a disciplined portfolio across high-value asset risks including fine art institutions, galleries, private collections, luxury retailers, auction houses, and secure transportation providers. He brings more than 35 years of experience in the Lloyd’s and London insurance markets, most recently serving as Senior Underwriter for Fine Art & Specie at Liberty Specialty Markets. The move follows recent hires for SiriusPoint’s new Crisis Solutions team, which focuses on war, political violence, and terrorism risks.