SiriusPoint Q1 CoR improves 19.9 points to 73.8% on reinsurance reserve releases
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

SiriusPoint Q1 CoR improves 19.9 points to 73.8% on reinsurance reserve releases

Jairo Ibarra
May 03, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
SiriusPoint logo new 2023 bermuda.jpg

SiriusPoint’s Q1 combined ratio improved 19.9 points to 73.8%, after the (re)insurer recorded $105mn of favorable reserve development, up from $5.5mn last year.

The Bermudian said the favorable reserve experience during the quarter was driven by decreases in the domestic and international P&C lines of business in the reinsurance segment and accident and health in the insurance segment.

In

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News SiriusPoint Earnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article