SiriusPoint Ltd
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
SPNT$26.41+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders' Equity
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)
| Three months ended | Nine months ended | |||
|---|---|---|---|---|
| September 30, 2024 | September 30, 2023 | September 30, 2024 | September 30, 2023 | |
| Series B preference shares | ||||
| Balance, beginning of period | $200.0 | $200.0 | $200.0 | $200.0 |
| Issuance of preference shares, net | — | — | — | — |
| Balance, end of period | 200.0 | 200.0 | 200.0 | 200.0 |
| Common shares | ||||
| Balance, beginning of period | 17.1 | 16.3 | 16.8 | 16.2 |
| Issuance of common shares, net | — | — | 0.1 | 0.1 |
| Exercise of options | — | 0.2 | 0.2 | 0.2 |
| Common shares repurchased and retired | (0.9) | — | (0.9) | — |
| Balance, end of period | 16.2 | 16.5 | 16.2 | 16.5 |
| Additional paid-in capital | ||||
| Balance, beginning of period | 1,713.3 | 1,645.6 | 1,693.0 | 1,641.3 |
| Issuance of common shares, net | — | — | — | 0.1 |
| Share compensation | 4.3 | 3.2 | 8.4 | 6.6 |
| Exercise of options | 2.2 | 12.6 | 18.4 | 14.6 |
| Common shares repurchased and retired | (128.8) | — | (128.8) | — |
| Change in ownership interest in subsidiary | — | — | — | (1.2) |
| Balance, end of period | 1,591.0 | 1,661.4 | 1,591.0 | 1,661.4 |
| Retained earnings | ||||
| Balance, beginning of period | 801.7 | 450.0 | 601.0 | 262.2 |
| Net income | 8.7 | 63.8 | 219.4 | 264.0 |
| Net income attributable to noncontrolling interests | (0.2) | (2.3) | (2.2) | (6.7) |
| Dividends on preference shares | (4.0) | (4.0) | (12.0) | (12.0) |
| Balance, end of period | 806.2 | 507.5 | 806.2 | 507.5 |
| Accumulated other comprehensive income (loss), net of tax | ||||
| Balance, beginning of period | (28.0) | (75.9) | 3.1 | (45.0) |
| Change in foreign currency translation adjustment | ||||
| Balance, beginning of period | (6.0) | (4.0) | (4.1) | (5.2) |
| Change in foreign currency translation adjustment | 0.4 | (1.1) | (1.5) | 0.1 |
| Balance, end of period | (5.6) | (5.1) | (5.6) | (5.1) |
| Unrealized gains (losses) from debt securities held as available for sale investments | ||||
| Balance, beginning of period | (22.0) | (71.9) | 7.2 | (39.8) |
| Unrealized gains (losses) from debt securities held as available for sale investments | 112.2 | (56.2) | 90.4 | (89.9) |
| Reclassifications from accumulated other comprehensive loss | (3.1) | (2.2) | (10.5) | (0.6) |
| Balance, end of period | 87.1 | (130.3) | 87.1 | (130.3) |
| Balance, end of period | 81.5 | (135.4) | 81.5 | (135.4) |
| Shareholders’ equity attributable to SiriusPoint shareholders | 2,694.9 | 2,250.0 | 2,694.9 | 2,250.0 |
| Noncontrolling interests | 1.6 | 15.4 | 1.6 | 15.4 |
| Total shareholders’ equity | $2,696.5 | $2,265.4 | $2,696.5 | $2,265.4 |
| The accompanying Notes to the Consolidated Financial Statements arean integral part of the Consolidated Financial Statements. | ||||
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