Major SiriusPoint investment loss undercuts pivot away from total return re
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Major SiriusPoint investment loss undercuts pivot away from total return re

Jairo Ibarra
05 May 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
SiriusPoint logo bermuda.jpg

SiriusPoint booked a $205mn net investment loss during the first quarter of the year that undermines the efforts the company has made to pivot away from Third Point Re’s asset strategy towards a more traditional fixed income-focused portfolio.

The Q1 investment results led to a negative annualized return on shareholders’ equity of 39.5%, compared to the 33.9%

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 Results SiriusPoint
Jairo Ibarra II.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article