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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2021
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues                  
Net premiums earned $ 519.9 $ 499.6 $ 452.3 $ 245.2 $ 697.5 $ 1,197.1 $ 1,717.0 $ 610.8 $ 700.1
Net realized and unrealized investment gains (losses) (60.6) (11.7) 23.9 31.5 55.4 43.7 (16.9) 69.2 15.3
Net realized and unrealized investment gains from related party investment funds (97.2) 202.4 45.6 153.2 198.8 401.2 304.0 195.0 249.6
Other net investment income 6.6 9.1 7.9 1.8 9.7 18.8 25.4 14.7 17.6
Total realized and unrealized investment gains and net investment income (151.2) 199.8 77.4 186.5 263.9 463.7 312.5 278.9 282.5
Other revenues 29.3 33.2 31.8 56.9 88.7 121.9 151.2 0.0 0.0
Total revenues 398.0 732.6 561.5 488.6 1,050.1 1,782.7 2,180.7 889.7 982.6
Expenses                  
Loss and loss adjustment expenses incurred, net 351.4 577.3 250.9 146.9 397.8 975.1 1,326.5 465.3 403.5
Acquisition costs, net 106.3 106.9 105.6 69.0 174.6 281.5 387.8 187.1 295.6
Other underwriting expenses 38.2 53.3 46.5 20.8 67.3 120.6 158.8 30.1 34.2
Net corporate and other expenses 72.1 59.9 55.7 78.9 134.6 194.5 266.6 41.9 36.2
Intangible asset amortization 1.8 2.0 1.3 0.8 2.1 4.1 5.9 0.0 0.0
Interest expense 9.6 9.7 9.8 4.9 14.7 24.4 34.0 8.2 8.2
Foreign exchange (gains) losses (27.5) (16.1) 12.0 (12.4) (0.4) (16.5) (44.0) 5.2 3.6
Total expenses 551.9 793.0 481.8 308.9 790.7 1,583.7 2,135.6 737.8 781.3
Income before income tax (expense) benefit (153.9) (60.4) 79.7 179.7 259.4 199.0 45.1 151.9 201.3
Income tax (expense) benefit 17.1 13.0 (9.6) (9.8) (19.4) (6.4) 10.7 (8.1) (0.7)
Net income (loss) (136.8) (47.4) 70.1 169.9 240.0 192.6 55.8 143.8 200.6
Net (income) loss attributable to noncontrolling interests 0.5 3.4 (1.6) 0.0 (1.6) 1.8 2.3 (0.3) 0.0
Net income available to SiriusPoint (136.3) (44.0) 68.5 169.9 238.4 194.4 58.1 143.5 200.6
Dividends on Series B preference shares (4.0) (4.0) (4.0) (1.5) (5.5) (9.5) (13.5) 0.0 0.0
Net income (loss) available to SiriusPoint common shareholders (140.3) (48.0) 64.5 168.4 232.9 184.9 44.6 143.5 200.6
Net income (loss) available to SiriusPoint common shareholders $ (140.3) $ (48.0) $ 64.5 $ 168.4 $ 232.9 $ 184.9 $ 44.6 $ 143.5 $ 200.6
Earnings per share available to SiriusPoint common shareholders                  
Basic earnings per share available to SiriusPoint common shareholders (in dollars per share) $ (0.88) $ (0.30) $ 0.37 $ 1.37 $ 1.57 $ 1.18 $ 0.28 $ 1.54 $ 2.18
Diluted earnings per share available to SiriusPoint common shareholders (in dollars per share) $ (0.88) $ (0.34) $ 0.37 $ 1.35 $ 1.55 $ 1.17 $ 0.27 $ 1.53 $ 2.16
Weighted average number of common shares used in the determination of earnings per share                  
Basic (in shares) 159,268,777 159,225,772 158,832,629 116,760,760 137,912,915 145,095,270 148,667,770 92,510,090 91,835,990
Diluted (in shares) 159,268,777 160,240,888 160,894,216 118,146,341 139,561,196 147,597,964 150,156,466 92,957,799 92,652,316