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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Investments in related party investment funds, at fair value (cost - $441.9; 2020 - $891.9) $ 909.6 $ 1,055.6
Debt securities, trading, at fair value (cost - $2,099.3; 2020 - $91.4) 2,085.6 101.3
Short-term investments, at fair value (cost - $1,076.0; 2020 - N/A) 1,075.8 0.0
Equity securities, trading, at fair value (cost - $4.5; 2020 - N/A) 2.8 0.0
Other long-term investments, at fair value (cost - $443.0; 2020 - $4.0) (includes related party investments at fair value of $258.2 (2020 - $4.0)) 456.1 4.0
Total investments 4,529.9 1,160.9
Cash and cash equivalents 999.8 526.0
Restricted cash and cash equivalents 948.6 1,187.9
Redemption receivable from related party investment fund 250.0 0.0
Due from brokers 15.9 94.9
Interest and dividends receivable 8.3 0.9
Insurance and reinsurance balances receivable, net 1,708.2 441.9
Deferred acquisition costs and value of business acquired, net 218.8 68.6
Unearned premiums ceded 242.8 20.5
Loss and loss adjustment expenses recoverable, net 1,215.3 14.4
Deferred tax asset 182.0 0.4
Intangible assets 171.9 0.0
Other assets 126.8 18.8
Total assets 10,618.3 3,535.2
Liabilities    
Loss and loss adjustment expense reserves 4,841.4 1,310.1
Unearned premium reserves 1,198.4 284.8
Reinsurance balances payable 688.3 78.1
Deposit liabilities 150.7 153.0
Securities sold, not yet purchased, at fair value 0.0 12.0
Due to brokers 6.5 0.0
Accounts payable, accrued expenses and other liabilities 229.8 17.6
Deferred tax liability 95.4 0.0
Liability-classified capital instruments 87.8 0.0
Debt 816.7 114.3
Total liabilities 8,115.0 1,969.9
Commitments and contingent liabilities
Shareholders’ equity    
Common shares (issued and outstanding: 161,949,037; 2020 - 95,582,733) 16.2 9.6
Additional paid-in capital 1,622.7 933.9
Retained earnings 665.0 620.4
Accumulated other comprehensive loss (0.2) 0.0
Shareholders’ equity attributable to SiriusPoint shareholders 2,503.7 1,563.9
Noncontrolling interests (0.4) 1.4
Total shareholders’ equity 2,503.3 1,565.3
Total liabilities, noncontrolling interests and shareholders’ equity 10,618.3 3,535.2
Series B preference shares    
Shareholders’ equity    
Series B preference shares (par value $0.10; authorized and issued: 8,000,000) $ 200.0 $ 0.0