SiriusPoint Announces Dividend on Series B Preference Shares

Rhea-AI Summary

SiriusPoint Ltd. (NYSE: SPNT) announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. This dividend will be payable on August 31, 2022, to shareholders of record as of August 16, 2022. With over $3 billion in total capital and a financial strength rating of A- from AM Best, SiriusPoint operates as an international specialty insurer and reinsurer, providing multi-line products and services across nearly 150 countries.

Positive

• Declaration of a quarterly cash dividend of $0.50 per share, reflecting confidence in financial stability.
• Strong financial position with over $3 billion total capital.
• Maintains a solid A- financial strength rating from AM Best, indicating reliability.

Negative

• None.

HAMILTON, Bermuda, Aug. 03, 2022 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on August 31, 2022 to Series B shareholders of record as of August 16, 2022.

About SiriusPoint

SiriusPoint is a global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices in New York, London, Stockholm and other locations around the world, we are listed on the New York Stock Exchange (SPNT). We provide multi-line insurance and reinsurance products and services on a worldwide basis have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and technology-driven insurance services companies within our Insurance & Services segment. With over $3 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch. For more information, please visit www.siriuspt.com.

SiriusPoint Contacts

Investor Relations
Clare Kerrigan, SiriusPoint
clare.kerrigan@siriuspt.com 
+44 7970695959

Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk 
+44 7718882011

FAQ

What is the dividend amount declared by SiriusPoint for August 2022?

SiriusPoint declared a dividend of $0.50 per share for August 2022.

When will SiriusPoint's dividend be paid?

The dividend will be paid on August 31, 2022.

What is the record date for SiriusPoint's dividend?

The record date for the dividend is August 16, 2022.

What is SiriusPoint's financial strength rating?

SiriusPoint has a financial strength rating of A- from AM Best.

In how many countries does SiriusPoint operate?

SiriusPoint operates in almost 150 countries worldwide.