SiriusPoint reports Q4 EPS (13c) vs 50c last year

Reports Q4 revenue $590.3M vs $578.3M last year. Scott Egan, Chief Executive Officer, said: “2024 has been a remarkable year of delivery for SiriusPoint (SPNT). Despite increased catastrophe activity, our Core combined ratio has improved meaningfully from last year to 91.0%, excluding the impact from the loss portfolio transfer in 2023. Our 4.2 point improvement in attritional loss ratio demonstrates our focus on improving the quality of our underwriting. We saw 21% growth of gross premiums written for the quarter and 10% for the full year for our continuing lines business.