SiriusPoint Q2 profit falls over 40% to $70mn on reduced investment income
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SiriusPoint Q2 profit falls over 40% to $70mn on reduced investment income

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SiriusPoint has reported net profit of $70.1mn for Q2, down 43.5% as investment income plummeted, but the carrier’s underwriting income rocketed to $33.3mn compared to the prior-year quarter.

In its second set of quarterly results since the merger of Sirius with Third Point Re, which closed on 26 February, the (re)insurer reported vastly expanded gross written premium (GWP) as the deal brought together the two former entities’...

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