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SiriusPoint’s first-half earnings soar 44%
['Business Staff']
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Scott Egan, CEO of SiriusPoint Ltd (File photograph)SiriusPoint posted a 44 per cent increase in earnings in the first half of 2026 and continued to expand its insurance business while scaling back reinsurance exposure.
Operating earnings per diluted share edged up to 67 cents from 66 cents.
For the first six months of the year, net income climbed 44 per cent to $168.2 million from $116.8 million in the same period of 2025, while diluted earnings per share increased to $1.40 from 98 cents.
While second-quarter underwriting income fell to $73.5 million from $90.2 million a year earlier, first-half underwriting income improved to $151.2 million from $144.3 million.
“While market conditions are becoming more challenging, we are well positioned to maintain our momentum and deliver consistent and sustainable earnings,” he said.