Document

SiriusPoint Ltd.

Financial Supplement

June 30, 2025

(UNAUDITED)

This financial supplement is for informational purposes only. It should be read in conjunction with documents filed with the Securities and Exchange Commission by SiriusPoint Ltd., including the Company’s Quarterly Report on Form 10-Q.


Point Building						Liam Blackledge - Investor Relations and Strategy Manager
3 Waterloo Lane						Tel: + 44 203 772 3082
Pembroke HM 08						Email: investor.relations@siriuspt.com
Bermuda						Website: www.siriuspt.com

SiriusPoint Ltd.

Basis of Presentation and Non-GAAP Financial Measures:

Unless the context otherwise indicates or requires, as used in this financial supplement references to “we,” “our,” “us,” the “Company,” and "SiriusPoint" refer to SiriusPoint Ltd. and its directly and indirectly owned subsidiaries, as a combined entity, except where otherwise stated or where it is clear that the terms mean only SiriusPoint Ltd. exclusive of its subsidiaries. We have made rounding adjustments to reach some of the figures included in this financial supplement and, unless otherwise indicated, percentages presented in this financial supplement are approximate.

In presenting SiriusPoint’s results, management has included financial measures that are not calculated under standards or rules that comprise accounting principles generally accepted in the United States (“GAAP”). SiriusPoint’s management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of SiriusPoint’s financial performance, identifying trends in our results and providing meaningful period-to-period comparisons. Core underwriting income, Core net services income, Core income, Core combined ratio, accident year loss ratio, accident year combined ratio, attritional loss ratio and attritional combined ratio are non-GAAP financial measures. Management believes it is useful to review Core results as it better reflects how management views the business and reflects the Company’s decision to exit the runoff business. Book value per diluted common share excluding accumulated other comprehensive income (loss) ("AOCI") and tangible book value per diluted common share, as presented, are non-GAAP financial measures and the most directly comparable U.S. GAAP measure is book value per common share. Management believes it is useful to exclude AOCI because it may fluctuate significantly between periods based on movements in interest and currency rates. Management believes the effects of intangible assets are not indicative of underlying underwriting results or trends and make book value comparisons to less acquisitive peer companies less meaningful. Reconciliations and definitions of such measures to the most directly comparable GAAP figures are included in the attached financial information in accordance with Regulation G and Item 10(e) of Regulation S-K, as applicable.

Safe Harbor Statement Regarding Forward-Looking Statements:

This financial supplement includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company’s control. The Company cautions you that the forward-looking information presented in this financial supplement is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this financial supplement. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “believes,” “intends,” “seeks,” “anticipates,” “aims,” “plans,” “targets,” “estimates,” “expects,” “assumes,” “continues,” “should,” “could,” “will,” “may” and the negative of these or similar terms and phrases. Actual events, results and outcomes may differ materially from the Company’s expectations due to a variety of known and unknown risks, uncertainties and other factors. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: our ability to execute on our strategic transformation, including re-underwriting to reduce volatility and improve underwriting performance, de-risking our investment portfolio, and transforming our business; the impact of unpredictable catastrophic events, including uncertainties with respect to losses from health pandemics across many classes of insurance business and the amount of insurance losses that may ultimately be ceded to the reinsurance market, supply chain issues, labor shortages and related increased costs, changing interest rates and equity market volatility; inadequacy of loss and loss adjustment expense reserves, the lack of available capital, and periods characterized by excess underwriting capacity and unfavorable premium rates; the performance of financial markets, impact of inflation and interest rates, and foreign currency fluctuations; our ability to compete successfully in the insurance and reinsurance market and the effect of consolidation in the insurance and reinsurance industry; technology breaches or failures, including those resulting from a malicious cyber-attack on us, our business partners or service providers; the effects of global climate change, including wildfires, and increased severity and frequency of weather-related natural disasters and catastrophes and increased coastal flooding in many geographic areas; geopolitical uncertainty, including the ongoing conflicts in Europe and the Middle East and the uncertainty from policies under the current presidential administration in the U.S.; global economic uncertainty caused by the imposition and/or announcement of tariffs imposed on the import of certain goods into the U.S. from various countries which may have unpredictable consequences including, but not limited to, inflation or trade wars, potential impact on the Company’s credit and mortgage business and potential increase in credit spread which could impact the Company’s short-term capital and liquidity; our ability to retain key senior management and key employees; a downgrade or withdrawal of our financial ratings; fluctuations in our results of operations; legal restrictions on certain of SiriusPoint’s insurance and reinsurance subsidiaries’ ability to pay dividends and other distributions to SiriusPoint; the outcome of legal and regulatory proceedings and regulatory constraints on our business; reduced returns or losses in SiriusPoint’s investment portfolio; our exposure or potential exposure to corporate income tax in Bermuda and the E.U., U.S. federal income and withholding taxes and our significant deferred tax assets, which could become devalued if we do not generate future taxable income or applicable corporate tax rates are reduced; risks associated with delegating authority to third party managing general agents; future strategic transactions such as acquisitions, dispositions, investments, mergers or joint ventures; and other risks and factors listed under "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other subsequent periodic reports filed with the Securities and Exchange Commission.

Page 2 of 21

SiriusPoint Ltd.

Table of Contents



Key Performance Indicators
Key Performance Indicators						4

Consolidated Financial Statements
Consolidated Balance Sheets - by Quarter						5
Consolidated Statements of Income						6
Consolidated Statements of Income - by Quarter						7
Consolidated Statements of Comprehensive Income - by Quarter						8

Operating Segment Information
Segment Reporting - Three months ended June 30, 2025						9
Segment Reporting - Three months ended June 30, 2024						10
Segment Reporting - Six months ended June 30, 2025						11
Segment Reporting - Six months ended June 30, 2024						12


Consolidated Results - by Quarter						13
Core Results - by Quarter						14
Insurance & Services Segment - by Quarter						15
Reinsurance Segment - by Quarter						16

Investments
Investments - by Quarter						17


Other

Earnings per Share - by Quarter						18
Annualized Return on Average Common Shareholders’ Equity - by Quarter						19
Book Value per Share - by Quarter						20
Net Corporate and Other Expenses - by Quarter						21

Page 3 of 21

SiriusPoint Ltd.

Key Performance Indicators

June 30, 2025 and 2024

(expressed in millions of U.S. dollars, except per share data and ratios)


	Three months ended						Six months ended
	June 30, 2025			June 30, 2024			June 30, 2025			June 30, 2024

Combined ratio	86.1		%	89.0		%	88.8		%	87.0		%
Core underwriting income (1)	$	67.6		$	36.9		$	96.1		$	81.2
Core net services income (1)	$	8.7		$	9.1		$	27.6		$	27.2
Core income (1)	$	76.3		$	46.0		$	123.7		$	108.4
Core combined ratio (1)	89.5		%	93.3		%	92.4		%	92.5		%
Accident year loss ratio (1)	58.8		%	61.6		%	64.4		%	60.7		%
Accident year combined ratio (1)	91.7		%	94.2		%	96.2		%	93.6		%
Attritional loss ratio (1)	58.8		%	60.6		%	59.1		%	60.2		%
Attritional combined ratio (1)	91.7		%	93.2		%	90.9		%	93.2		%
Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders	12.7		%	17.9		%	12.8		%	16.7		%
Book value per common share (2)	$	16.32		$	14.92		$	16.32		$	14.92
Book value per diluted common share (2)	$	16.03		$	14.60		$	16.03		$	14.60
Book value per diluted common share ex. AOCI (1) (2)	$	15.64		$	14.64		$	15.64		$	14.64
Tangible book value per diluted common share (1) (2)	$	14.89		$	13.42		$	14.89		$	13.42

(1)Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. See reconciliations in “Segment Reporting.” Accident year loss ratio, accident year combined ratio, attritional loss ratio and attritional combined ratio are non-GAAP financial measures. See definitions in “Core Results by Quarter.” Book value per diluted common share ex. AOCI and tangible book value per diluted common share are non-GAAP financial measures. See reconciliation in “Book Value per Share - by Quarter.”

(2)Prior year comparatives represent amounts as of December 31, 2024.

Page 4 of 21

SiriusPoint Ltd.

Consolidated Balance Sheets - by Quarter

(expressed in millions of U.S. dollars)


	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024
Assets
Debt securities, available for sale, at fair value, net of allowance for credit losses	$	4,735.9	$	4,635.2	$	5,131.0	$	5,411.8	$	5,345.3
Debt securities, trading, at fair value	102.9		117.6		162.2		233.1		307.7
Short-term investments, at fair value	54.9		48.2		95.8		52.4		97.5

Other long-term investments, at fair value	320.1		317.7		316.5		350.6		348.3

Total investments	5,213.8		5,118.7		5,705.5		6,047.9		6,098.8
Cash and cash equivalents	732.4		740.3		682.0		640.7		598.1
Restricted cash and cash equivalents	190.8		184.9		212.6		174.5		125.9


Due from brokers	8.2		18.8		11.2		13.9		28.6
Interest and dividends receivable	42.5		42.1		44.0		49.4		50.7
Insurance and reinsurance balances receivable, net	2,290.1		2,240.8		2,054.4		2,069.1		2,120.2
Deferred acquisition costs, net	379.5		369.3		327.5		330.0		341.9
Unearned premiums ceded	484.0		514.3		463.9		467.2		496.1
Loss and loss adjustment expenses recoverable, net	2,263.9		2,335.7		2,315.3		2,198.7		2,191.5
Deferred tax asset	297.1		293.3		297.0		249.2		285.1
Intangible assets	135.1		137.9		140.8		143.8		146.8

Other assets	318.3		284.4		270.7		298.1		280.3
Total assets	$	12,355.7	$	12,280.5	$	12,524.9	$	12,682.5	$	12,764.0
Liabilities
Loss and loss adjustment expense reserves	$	5,817.4	$	5,762.6	$	5,653.9	$	5,702.1	$	5,606.0
Unearned premium reserves	1,854.0		1,816.8		1,639.2		1,684.0		1,769.7
Reinsurance balances payable	1,539.9		1,707.5		1,781.6		1,509.6		1,544.5
Deferred gain on retroactive reinsurance	—		6.6		8.5		21.7		23.0
Debt	678.4		663.5		639.1		660.5		648.6


Due to brokers	9.0		6.6		18.0		23.1		40.2
Deferred tax liability	89.6		94.2		76.2		38.9		56.1
Liability-classified capital instruments	—		—		—		58.4		72.6
Share repurchase liability	—		—		483.0		—		—
Other liabilities	260.6		196.0		286.6		287.7		297.8
Total liabilities	10,248.9		10,253.8		10,586.1		9,986.0		10,058.5
Commitments and contingent liabilities

Shareholders’ equity

Series B preference shares	200.0		200.0		200.0		200.0		200.0
Common shares	11.7		11.6		11.6		16.2		17.1
Additional paid-in capital	945.8		944.7		945.0		1,591.0		1,713.3
Retained earnings	901.7		842.5		784.9		806.2		801.7
Accumulated other comprehensive income (loss), net of tax	46.5		26.4		(4.1)		81.5		(28.0)
Shareholders’ equity attributable to SiriusPoint shareholders	2,105.7		2,025.2		1,937.4		2,694.9		2,704.1
Noncontrolling interests	1.1		1.5		1.4		1.6		1.4
Total shareholders’ equity	2,106.8		2,026.7		1,938.8		2,696.5		2,705.5
Total liabilities, noncontrolling interests and shareholders’ equity	$	12,355.7	$	12,280.5	$	12,524.9	$	12,682.5	$	12,764.0

Page 5 of 21

SiriusPoint Ltd.

Consolidated Statements of Income

(expressed in millions of U.S. dollars, except share and per share data)


	Three months ended				Six months ended
	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
Revenues
Net premiums earned	$	652.0	$	590.5	$	1,278.7	$	1,184.3
Net investment income	68.2		78.2		139.4		157.0
Net realized and unrealized investment gains (losses)	0.7		(54.9)		0.4		(53.9)

Net investment income and net realized and unrealized investment gains (losses)	68.9		23.3		139.8		103.1
Other revenues	27.3		118.9		57.0		146.7
Loss on settlement and change in fair value of liability-classified capital instruments	—		10.6		—		(5.3)
Total revenues	748.2		743.3		1,475.5		1,428.8
Expenses
Loss and loss adjustment expenses incurred, net	372.6		364.4		774.4		681.9
Acquisition costs, net	140.9		119.9		270.6		264.8
Other underwriting expenses	48.3		41.1		89.4		82.9
Net corporate and other expenses	70.9		66.6		131.5		122.6
Intangible asset amortization	2.8		3.0		5.7		5.9
Interest expense	21.1		15.7		39.2		36.2
Foreign exchange (gains) losses	16.7		3.6		14.5		(0.1)
Total expenses	673.3		614.3		1,325.3		1,194.2
Income before income tax expense	74.9		129.0		150.2		234.6
Income tax expense	(11.6)		(14.2)		(24.9)		(23.9)
Net income	63.3		114.8		125.3		210.7
Net income attributable to noncontrolling interests	(0.1)		(0.9)		(0.5)		(2.0)
Net income available to SiriusPoint	63.2		113.9		124.8		208.7
Dividends on Series B preference shares	(4.0)		(4.0)		(8.0)		(8.0)
Net income available to SiriusPoint common shareholders	$	59.2	$	109.9	$	116.8	$	200.7
Earnings per share available to SiriusPoint common shareholders
Basic earnings per share available to SiriusPoint common shareholders (1)	$	0.51	$	0.60	$	1.00	$	1.11
Diluted earnings per share available to SiriusPoint common shareholders (1)	$	0.50	$	0.57	$	0.98	$	1.05
Weighted average number of common shares used in the determination of earnings per share
Basic	116,523,435		170,173,022		116,252,739		169,453,656
Diluted	118,669,471		178,711,254		118,598,535		178,085,119

(1) Basic earnings per share is based on the weighted average number of common shares and participating securities outstanding during the period. The weighted average number of common shares excludes any dilutive effect of outstanding warrants, options and unvested restricted shares. Diluted earnings per share is based on the weighted average number of common shares and participating securities outstanding and includes any dilutive effects of warrants, options and unvested restricted shares under share plans and are determined using the treasury stock method. U.S. GAAP requires that participating securities be treated in the same manner as outstanding shares for earnings per share calculations. The Company treats certain of its unvested restricted shares as participating securities. In the event of a net loss, all participating securities, outstanding warrants, options and restricted shares are excluded from both basic and diluted loss per share since their inclusion would be anti-dilutive.

Page 6 of 21

SiriusPoint Ltd.

Consolidated Statements of Income - by Quarter

(expressed in millions of U.S. dollars, except share and per share data)


	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024
Revenues
Net premiums earned	$	652.0	$	626.7	$	590.3	$	568.9	$	590.5
Net investment income	68.2		71.2		68.9		77.7		78.2
Net realized and unrealized investment gains (losses)	0.7		(0.3)		(39.9)		14.8		(54.9)

Net investment income and net realized and unrealized investment gains (losses)	68.9		70.9		29.0		92.5		23.3
Other revenues	27.3		29.7		19.4		18.1		118.9
Loss on settlement and change in fair value of liability-classified capital instruments	—		—		(25.9)		(117.3)		10.6
Total revenues	748.2		727.3		612.8		562.2		743.3
Expenses
Loss and loss adjustment expenses incurred, net	372.6		401.8		369.1		317.5		364.4
Acquisition costs, net	140.9		129.7		134.6		117.5		119.9
Other underwriting expenses	48.3		41.1		53.9		44.9		41.1
Net corporate and other expenses	70.9		60.6		58.1		51.4		66.6
Intangible asset amortization	2.8		2.9		3.0		3.0		3.0
Interest expense	21.1		18.1		19.6		13.8		15.7
Foreign exchange (gains) losses	16.7		(2.2)		(12.9)		3.0		3.6
Total expenses	673.3		652.0		625.4		551.1		614.3
Income (loss) before income tax expense	74.9		75.3		(12.6)		11.1		129.0
Income tax expense	(11.6)		(13.3)		(4.4)		(2.4)		(14.2)
Net income (loss)	63.3		62.0		(17.0)		8.7		114.8
Net income attributable to noncontrolling interests	(0.1)		(0.4)		(0.3)		(0.2)		(0.9)
Net income (loss) available to SiriusPoint	63.2		61.6		(17.3)		8.5		113.9
Dividends on Series B preference shares	(4.0)		(4.0)		(4.0)		(4.0)		(4.0)
Net income (loss) available to SiriusPoint common shareholders	$	59.2	$	57.6	$	(21.3)	$	4.5	$	109.9
Earnings (loss) per share available to SiriusPoint common shareholders
Basic earnings (loss) per share available to SiriusPoint common shareholders (1)	$	0.51	$	0.50	$	(0.13)	$	0.03	$	0.60
Diluted earnings (loss) per share available to SiriusPoint common shareholders (1)	$	0.50	$	0.49	$	(0.13)	$	0.03	$	0.57
Weighted average number of common shares used in the determination of earnings (loss) per share
Basic	116,523,435		115,975,961		161,378,360		165,659,401		170,173,022
Diluted	118,669,471		118,555,166		161,378,360		172,803,298		178,711,254

(1) Basic earnings per share is based on the weighted average number of common shares and participating securities outstanding during the period. The Company treats certain of its unvested restricted shares and preference shares as participating securities. The weighted average number of common shares excludes any dilutive effect of outstanding warrants, options or restricted share awards and units. Diluted earnings per share is based on the weighted average number of common shares outstanding and includes any dilutive effects of warrants, options, restricted share awards and units, and is determined using the treasury stock method. In the event of a net loss, all participating securities, outstanding warrants, options and restricted shares and units are excluded from both basic and diluted loss per share since their inclusion would be anti-dilutive.

Page 7 of 21

SiriusPoint Ltd.

Consolidated Statements of Comprehensive Income - by Quarter

(expressed in millions of U.S. dollars)


	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024
Comprehensive income (loss)
Net income (loss)	$	63.3	$	62.0	$	(17.0)	$	8.7	$	114.8
Other comprehensive income (loss), net of tax
Change in foreign currency translation adjustment	3.4		(0.2)		2.6		0.4		(0.1)
Unrealized gains (losses) from debt securities held as available for sale investments	19.1		32.7		(89.1)		112.2		(3.4)
Reclassifications from accumulated other comprehensive income (loss)	(2.4)		(2.0)		0.9		(3.1)		(7.1)
Total other comprehensive income (loss)	20.1		30.5		(85.6)		109.5		(10.6)
Comprehensive income (loss)	83.4		92.5		(102.6)		118.2		104.2
Net income attributable to noncontrolling interests	(0.1)		(0.4)		(0.3)		(0.2)		(0.9)
Comprehensive income (loss) available to SiriusPoint	$	83.3	$	92.1	$	(102.9)	$	118.0	$	103.3

Page 8 of 21

SiriusPoint Ltd.

Segment Reporting - Three months ended June 30, 2025

(expressed in millions of U.S. dollars, except ratios)



	Insurance & Services			Reinsurance			Core			Eliminations (2)		Corporate		Segment Measure Reclass		Total
Gross premiums written	$	560.4		$	369.7		$	930.1		$	—	$	18.1	$	—	$	948.2
Net premiums written	392.8			307.0			699.8			—		4.6		—		704.4
Net premiums earned	369.2			276.4			645.6			—		6.4		—		652.0
Loss and loss adjustment expenses incurred, net	209.2			156.4			365.6			(1.5)		8.5		—		372.6
Acquisition costs, net	97.9			70.5			168.4			(28.2)		0.7		—		140.9
Other underwriting expenses	22.6			21.4			44.0			—		4.3		—		48.3
Underwriting income (loss)	39.5			28.1			67.6			29.7		(7.1)		—		90.2
Services revenues	58.1			—			58.1			(31.7)		—		(26.4)		—
Services expenses	49.6			—			49.6			—		—		(49.6)		—
Net services fee income	8.5			—			8.5			(31.7)		—		23.2		—
Services noncontrolling loss	0.2			—			0.2			—		—		(0.2)		—
Net services income	8.7			—			8.7			(31.7)		—		23.0		—
Segment income (loss)	48.2			28.1			76.3			(2.0)		(7.1)		23.0		90.2
Net investment income												68.2		—		68.2
Net realized and unrealized investment gains												0.7		—		0.7

Other revenues												0.9		26.4		27.3

Net corporate and other expenses												(21.3)		(49.6)		(70.9)
Intangible asset amortization												(2.8)		—		(2.8)
Interest expense												(21.1)		—		(21.1)
Foreign exchange losses												(16.7)		—		(16.7)
Income (loss) before income tax expense	$	48.2		$	28.1		76.3			(2.0)		0.8		(0.2)		74.9
Income tax expense							—			—		(11.6)		—		(11.6)
Net income (loss)							76.3			(2.0)		(10.8)		(0.2)		63.3
Net (income) loss attributable to noncontrolling interest							—			—		(0.3)		0.2		(0.1)
Net income (loss) available to SiriusPoint							$	76.3		$	(2.0)	$	(11.1)	$	—	$	63.2

Attritional losses	$	218.9		$	161.0		$	379.9		$	(1.5)	$	3.4	$	—	$	381.8
Catastrophe losses	—			(0.5)			(0.5)			—		—		—		(0.5)
Prior year loss reserve development	(9.7)			(4.1)			(13.8)			—		5.1		—		(8.7)
Loss and loss adjustment expenses incurred, net	$	209.2		$	156.4		$	365.6		$	(1.5)	$	8.5	$	—	$	372.6

Underwriting Ratios: (1)
Attritional loss ratio	59.3		%	58.3		%	58.8		%							58.5		%
Catastrophe loss ratio	—		%	(0.2)		%	(0.1)		%							(0.1)		%
Prior year loss development ratio	(2.6)		%	(1.5)		%	(2.1)		%							(1.3)		%
Loss ratio	56.7		%	56.6		%	56.6		%							57.1		%
Acquisition cost ratio	26.5		%	25.5		%	26.1		%							21.6		%
Other underwriting expenses ratio	6.1		%	7.7		%	6.8		%							7.4		%
Combined ratio	89.3		%	89.8		%	89.5		%							86.1		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned.

(2)Insurance & Services MGAs recognize fees for service using revenue from contracts with customers accounting standards, whereas insurance companies recognize acquisition expenses using insurance contract accounting standards. While ultimate revenues and expenses recognized will match, there will be recognition timing differences based on the different accounting standards.

Page 9 of 21

SiriusPoint Ltd.

Segment Reporting - Three months ended June 30, 2024

(expressed in millions of U.S. dollars, except ratios)



	Insurance & Services			Reinsurance			Core			Eliminations (2)		Corporate		Segment Measure Reclass		Total
Gross premiums written	$	490.2		$	352.5		$	842.7		$	—	$	21.8	$	—	$	864.5
Net premiums written	341.1			308.8			649.9			—		(6.3)		—		643.6
Net premiums earned	297.2			256.2			553.4			—		37.1		—		590.5
Loss and loss adjustment expenses incurred, net	192.2			143.8			336.0			(1.3)		29.7		—		364.4
Acquisition costs, net	75.8			67.2			143.0			(36.5)		13.4		—		119.9
Other underwriting expenses	17.3			20.2			37.5			—		3.6		—		41.1
Underwriting income (loss)	11.9			25.0			36.9			37.8		(9.6)		—		65.1
Services revenues	57.4			—			57.4			(34.4)		—		(23.0)		—
Services expenses	47.7			—			47.7			—		—		(47.7)		—
Net services fee income	9.7			—			9.7			(34.4)		—		24.7		—
Services noncontrolling income	(0.6)			—			(0.6)			—		—		0.6		—

Net services income	9.1			—			9.1			(34.4)		—		25.3		—
Segment income (loss)	21.0			25.0			46.0			3.4		(9.6)		25.3		65.1
Net investment income												78.2		—		78.2
Net realized and unrealized investment losses												(54.9)		—		(54.9)

Other revenues												95.9		23.0		118.9
Loss on settlement and change in fair value of liability-classified capital instruments												10.6		—		10.6
Net corporate and other expenses												(18.9)		(47.7)		(66.6)
Intangible asset amortization												(3.0)		—		(3.0)
Interest expense												(15.7)		—		(15.7)
Foreign exchange losses												(3.6)		—		(3.6)
Income before income tax expense	$	21.0		$	25.0		46.0			3.4		79.0		0.6		129.0
Income tax expense							—			—		(14.2)		—		(14.2)
Net income							46.0			3.4		64.8		0.6		114.8
Net income attributable to noncontrolling interest							—			—		(0.3)		(0.6)		(0.9)
Net income available to SiriusPoint							$	46.0		$	3.4	$	64.5	$	—	$	113.9

Attritional losses	$	188.2		$	147.1		$	335.3		$	(1.3)	$	25.9	$	—	$	359.9
Catastrophe losses	2.6			3.0			5.6			—		—		—		5.6
Prior year loss reserve development	1.4			(6.3)			(4.9)			—		3.8		—		(1.1)
Loss and loss adjustment expenses incurred, net	$	192.2		$	143.8		$	336.0		$	(1.3)	$	29.7	$	—	$	364.4

Underwriting Ratios: (1)
Attritional loss ratio	63.3		%	57.4		%	60.6		%							61.0		%
Catastrophe loss ratio	0.9		%	1.2		%	1.0		%							0.9		%
Prior year loss development ratio	0.5		%	(2.5)		%	(0.9)		%							(0.2)		%
Loss ratio	64.7		%	56.1		%	60.7		%							61.7		%
Acquisition cost ratio	25.5		%	26.2		%	25.8		%							20.3		%
Other underwriting expenses ratio	5.8		%	7.9		%	6.8		%							7.0		%
Combined ratio	96.0		%	90.2		%	93.3		%							89.0		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned.

Page 10 of 21

SiriusPoint Ltd.

Segment Reporting - Six months ended June 30, 2025

(expressed in millions of U.S. dollars, except ratios)



	Insurance & Services			Reinsurance			Core			Eliminations (2)		Corporate		Segment Measure Reclass		Total
Gross premiums written	$	1,195.5		$	724.5		$	1,920.0		$	—	$	12.9	$	—	$	1,932.9
Net premiums written	876.3			575.5			1,451.8			—		(4.4)		—		1,447.4
Net premiums earned	705.4			566.0			1,271.4			—		7.3		—		1,278.7
Loss and loss adjustment expenses incurred, net	419.1			351.7			770.8			(3.5)		7.1		—		774.4
Acquisition costs, net	185.2			137.6			322.8			(56.2)		4.0		—		270.6
Other underwriting expenses	41.5			40.2			81.7			—		7.7		—		89.4
Underwriting income (loss)	59.6			36.5			96.1			59.7		(11.5)		—		144.3
Services revenues	120.2			—			120.2			(61.9)		—		(58.3)		—
Services expenses	92.7			—			92.7			—		—		(92.7)		—
Net services fee income	27.5			—			27.5			(61.9)		—		34.4		—
Services noncontrolling loss	0.1			—			0.1			—		—		(0.1)		—

Net services income	27.6			—			27.6			(61.9)		—		34.3		—
Segment income (loss)	87.2			36.5			123.7			(2.2)		(11.5)		34.3		144.3
Net investment income												139.4		—		139.4
Net realized and unrealized investment gains												0.4		—		0.4

Other revenues												(1.3)		58.3		57.0

Net corporate and other expenses												(38.8)		(92.7)		(131.5)
Intangible asset amortization												(5.7)		—		(5.7)
Interest expense												(39.2)		—		(39.2)
Foreign exchange losses												(14.5)		—		(14.5)
Income (loss) before income tax expense	$	87.2		$	36.5		123.7			(2.2)		28.8		(0.1)		150.2
Income tax expense							—			—		(24.9)		—		(24.9)
Net income							123.7			(2.2)		3.9		(0.1)		125.3
Net income attributable to noncontrolling interests							—			—		(0.6)		0.1		(0.5)
Net income available to SiriusPoint							$	123.7		$	(2.2)	$	3.3	$	—	$	124.8

Attritional losses	$	426.5		$	325.0		$	751.5		$	(3.5)	$	1.9	$	—	$	749.9
Catastrophe losses	4.8			62.6			67.4			—		—		—		67.4
Prior year loss reserve development	(12.2)			(35.9)			(48.1)			—		5.2		—		(42.9)
Loss and loss adjustment expenses incurred, net	$	419.1		$	351.7		$	770.8		$	(3.5)	$	7.1	$	—	$	774.4

Underwriting Ratios: (1)
Attritional loss ratio	60.4		%	57.3		%	59.1		%							58.7		%
Catastrophe loss ratio	0.7		%	11.1		%	5.3		%							5.3		%
Prior year loss development ratio	(1.7)		%	(6.3)		%	(3.8)		%							(3.4)		%
Loss ratio	59.4		%	62.1		%	60.6		%							60.6		%
Acquisition cost ratio	26.3		%	24.3		%	25.4		%							21.2		%
Other underwriting expenses ratio	5.9		%	7.1		%	6.4		%							7.0		%
Combined ratio	91.6		%	93.5		%	92.4		%							88.8		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned.

Page 11 of 21

SiriusPoint Ltd.

Segment Reporting - Six months ended June 30, 2024

(expressed in millions of U.S. dollars, except ratios)



	Insurance & Services			Reinsurance			Core			Eliminations (2)		Corporate		Segment Measure Reclass		Total
Gross premiums written	$	1,014.5		$	708.9		$	1,723.4		$	—	$	47.7	$	—	$	1,771.1
Net premiums written	678.2			598.9			1,277.1			—		5.8		—		1,282.9
Net premiums earned	561.4			509.8			1,071.2			—		113.1		—		1,184.3
Loss and loss adjustment expenses incurred, net	368.7			268.4			637.1			(2.7)		47.5		—		681.9
Acquisition costs, net	141.0			137.0			278.0			(69.7)		56.5		—		264.8
Other underwriting expenses	35.4			39.5			74.9			—		8.0		—		82.9
Underwriting income	16.3			64.9			81.2			72.4		1.1		—		154.7
Services revenues	123.2			—			123.2			(71.5)		—		(51.7)		—
Services expenses	93.7			—			93.7			—		—		(93.7)		—
Net services fee income	29.5			—			29.5			(71.5)		—		42.0		—
Services noncontrolling income	(2.3)			—			(2.3)			—		—		2.3		—

Net services income	27.2			—			27.2			(71.5)		—		44.3		—
Segment income	43.5			64.9			108.4			0.9		1.1		44.3		154.7
Net investment income												157.0		—		157.0
Net realized and unrealized investment losses												(53.9)		—		(53.9)

Other revenues												95.0		51.7		146.7
Loss on settlement and change in fair value of liability-classified capital instruments												(5.3)		—		(5.3)
Net corporate and other expenses												(28.9)		(93.7)		(122.6)
Intangible asset amortization												(5.9)		—		(5.9)
Interest expense												(36.2)		—		(36.2)
Foreign exchange gains												0.1		—		0.1
Income before income tax expense	$	43.5		$	64.9		108.4			0.9		123.0		2.3		234.6
Income tax expense							—			—		(23.9)		—		(23.9)
Net income							108.4			0.9		99.1		2.3		210.7
Net loss attributable to noncontrolling interests							—			—		0.3		(2.3)		(2.0)
Net income available to SiriusPoint							$	108.4		$	0.9	$	99.4	$	—	$	208.7

Attritional losses	$	362.4		$	282.0		$	644.4		$	(2.7)	$	74.6	$	—	$	716.3
Catastrophe losses	2.6			3.0			5.6			—		—		—		5.6
Prior year loss reserve development	3.7			(16.6)			(12.9)			—		(27.1)		—		(40.0)
Loss and loss adjustment expenses incurred, net	$	368.7		$	268.4		$	637.1		$	(2.7)	$	47.5	$	—	$	681.9

Underwriting Ratios: (1)
Attritional loss ratio	64.5		%	55.3		%	60.2		%							60.4		%
Catastrophe loss ratio	0.5		%	0.6		%	0.5		%							0.5		%
Prior year loss development ratio	0.7		%	(3.3)		%	(1.2)		%							(3.3)		%
Loss ratio	65.7		%	52.6		%	59.5		%							57.6		%
Acquisition cost ratio	25.1		%	26.9		%	26.0		%							22.4		%
Other underwriting expenses ratio	6.3		%	7.7		%	7.0		%							7.0		%
Combined ratio	97.1		%	87.2		%	92.5		%							87.0		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned.

Page 12 of 21

SiriusPoint Ltd.

Consolidated Results - by Quarter

(expressed in millions of U.S. dollars, except ratios)


	June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024			June 30, 2024
Revenues
Gross premiums written	$	948.2		$	984.7		$	759.5		$	714.0		$	864.6

Net premiums written	704.4			743.0			565.0			504.2			643.6

Net premiums earned	652.0			626.7			590.3			568.9			590.5
Expenses
Loss and loss adjustment expenses incurred, net	372.6			401.8			369.1			317.5			364.4
Acquisition costs, net	140.9			129.7			134.6			117.5			119.9
Other underwriting expenses	48.3			41.1			53.9			44.9			41.1

Underwriting income	$	90.2		$	54.1		$	32.7		$	89.0		$	65.1

Attritional losses	$	381.8		$	368.1		$	367.8		$	337.5		$	359.9
Catastrophe losses, net of reinsurance and reinstatement premiums	(0.5)			67.9			38.6			10.6			5.6
Favorable prior year loss reserve development	$	(8.7)		$	(34.2)		$	(37.3)		$	(30.6)		$	(1.1)

Underwriting Ratios (1):
Loss ratio	57.1		%	64.1		%	62.5		%	55.8		%	61.7		%
Acquisition cost ratio	21.6		%	20.7		%	22.8		%	20.7		%	20.3		%
Other underwriting expenses ratio	7.4		%	6.6		%	9.1		%	7.9		%	7.0		%
Combined ratio	86.1		%	91.4		%	94.4		%	84.4		%	89.0		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned.

Page 13 of 21

SiriusPoint Ltd.

Core Results - by Quarter (1)

(expressed in millions of U.S. dollars, except ratios)


	June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024			June 30, 2024
Revenues
Gross premiums written	$	930.1		$	989.9		$	762.5		$	690.5		$	842.7

Net premiums written	699.8			752.0			560.2			503.6			649.9

Net premiums earned	645.6			625.8			581.6			546.3			553.4
Expenses
Loss and loss adjustment expenses incurred, net	365.6			405.2			323.6			307.7			336.0
Acquisition costs, net	168.4			154.4			150.9			135.7			143.0
Other underwriting expenses	44.0			37.7			50.8			40.4			37.5

Underwriting income	67.6			28.5			56.3			62.5			36.9
Services revenues	58.1			62.1			51.6			48.1			57.4
Services expenses	49.6			43.1			41.2			41.3			47.7
Net services fee income	8.5			19.0			10.4			6.8			9.7
Services noncontrolling (income) loss	0.2			(0.1)			—			0.2			(0.6)

Net services income	8.7			18.9			10.4			7.0			9.1
Segment income	$	76.3		$	47.4		$	66.7		$	69.5		$	46.0

Attritional losses	$	379.9		$	371.6		$	343.1		$	326.8		$	335.3
Catastrophe losses, net of reinsurance and reinstatement premiums	(0.5)			67.9			38.6			10.6			5.6
Favorable prior year loss reserve development	$	(13.8)		$	(34.3)		$	(58.1)		$	(29.7)		$	(4.9)

Underwriting Ratios (2):
Loss ratio	56.6		%	64.7		%	55.6		%	56.3		%	60.7		%
Acquisition cost ratio	26.1		%	24.7		%	25.9		%	24.8		%	25.8		%
Other underwriting expenses ratio	6.8		%	6.0		%	8.7		%	7.4		%	6.8		%
Combined ratio	89.5		%	95.4		%	90.2		%	88.5		%	93.3		%

Accident year loss ratio	58.8		%	70.2		%	65.6		%	61.8		%	61.6		%
Accident year combined ratio	91.7		%	100.9		%	100.3		%	94.0		%	94.2		%
Attritional loss ratio	58.8		%	59.3		%	59.0		%	59.8		%	60.6		%
Attritional combined ratio	91.7		%	90.0		%	93.6		%	92.0		%	93.2		%

(1)Collectively, the sum of our two segments, Reinsurance and Insurance & Services, constitute our "Core" results. Core underwriting income, Core net services income, Core income, Core combined ratio, accident year loss ratio, accident year combined ratio and attritional loss ratio are non-GAAP financial measures. We believe it is useful to review Core results as it better reflects how management views the business and reflects our decision to exit the runoff business. The sum of Core results and Corporate results are equal to the consolidated results of operations.

(2)Underwriting ratios are calculated by dividing the related expense by net premiums earned. Accident year loss ratio and accident year combined ratio exclude prior year loss reserve development to present the impact of current accident year net loss and loss adjustment expenses on the loss ratio and combined ratio, respectively. Attritional loss ratio and attritional combined ratio exclude catastrophe losses from the respective accident year ratios as they are not predictable as to timing and amount.

Page 14 of 21

SiriusPoint Ltd.

Insurance & Services Segment - by Quarter

(expressed in millions of U.S. dollars, except ratios)


	June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024			June 30, 2024
Revenues
Gross premiums written	$	560.4		$	635.1		$	450.3		$	376.0		$	490.2

Net premiums written	392.8			483.5			322.7			235.3			341.1

Net premiums earned	369.2			336.2			315.7			276.9			297.2
Expenses
Loss and loss adjustment expenses incurred, net	209.2			209.9			175.3			170.1			192.2
Acquisition costs, net	97.9			87.3			77.8			65.9			75.8
Other underwriting expenses	22.6			18.9			24.6			20.0			17.3

Underwriting income	39.5			20.1			38.0			20.9			11.9
Services revenues	58.1			62.1			51.6			48.1			57.4
Services expenses	49.6			43.1			41.2			41.3			47.7
Net services fee income	8.5			19.0			10.4			6.8			9.7
Services noncontrolling (income) loss	0.2			(0.1)			—			0.2			(0.6)
Net services income	8.7			18.9			10.4			7.0			9.1
Segment income	$	48.2		$	39.0		$	48.4		$	27.9		$	21.0

Attritional losses	$	218.9		$	207.6		$	188.2		$	183.9		$	188.2
Catastrophe losses, net of reinsurance and reinstatement premiums	—			4.8			3.4			(0.7)			2.6
(Favorable) adverse prior year loss reserve development	$	(9.7)		$	(2.5)		$	(16.3)		$	(13.1)		$	1.4

Underwriting Ratios (1):
Loss ratio	56.7		%	62.4		%	55.5		%	61.4		%	64.7		%
Acquisition cost ratio	26.5		%	26.0		%	24.6		%	23.8		%	25.5		%
Other underwriting expenses ratio	6.1		%	5.6		%	7.8		%	7.2		%	5.8		%
Combined ratio	89.3		%	94.0		%	87.9		%	92.4		%	96.0		%

Accident year loss ratio	59.3		%	63.2		%	60.7		%	66.2		%	64.2		%
Accident year combined ratio	91.9		%	94.8		%	93.1		%	97.2		%	95.5		%
Attritional loss ratio	59.3		%	61.7		%	59.6		%	66.4		%	63.3		%
Attritional combined ratio	91.9		%	93.3		%	92.0		%	97.4		%	94.6		%

(1)Underwriting ratios are calculated by dividing the related expense by net premiums earned. Accident year loss ratio, accident year combined ratio and attritional loss ratio are non-GAAP financial measures. Accident year loss ratio and accident year combined ratio exclude prior year loss reserve development to present the impact of current accident year net loss and loss adjustment expenses on the loss ratio and combined ratio, respectively. Attritional loss ratio and attritional combined ratio exclude catastrophe losses from the respective accident year ratios as they are not predictable as to timing and amount.

Page 15 of 21

SiriusPoint Ltd.

Reinsurance Segment - by Quarter

(expressed in millions of U.S. dollars, except ratios)


	June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024			June 30, 2024
Revenues
Gross premiums written	$	369.7		$	354.8		$	312.2		$	314.5		$	352.5

Net premiums written	307.0			268.5			237.5			268.3			308.8

Net premiums earned	276.4			289.6			265.9			269.4			256.2
Expenses
Loss and loss adjustment expenses incurred, net	156.4			195.3			148.3			137.6			143.8
Acquisition costs, net	70.5			67.1			73.1			69.8			67.2
Other underwriting expenses	21.4			18.8			26.2			20.4			20.2

Underwriting income	$	28.1		$	8.4		$	18.3		$	41.6		$	25.0







Attritional losses	$	161.0		$	164.0		$	154.9		$	142.9		$	147.1
Catastrophe losses, net of reinsurance and reinstatement premiums	(0.5)			63.1			35.2			11.3			3.0
Favorable prior year loss reserve development	$	(4.1)		$	(31.8)		$	(41.8)		$	(16.6)		$	(6.3)

Underwriting Ratios (1):
Loss ratio	56.6		%	67.4		%	55.8		%	51.1		%	56.1		%
Acquisition cost ratio	25.5		%	23.2		%	27.5		%	25.9		%	26.2		%
Other underwriting expenses ratio	7.7		%	6.5		%	9.9		%	7.6		%	7.9		%
Combined ratio	89.8		%	97.1		%	93.2		%	84.6		%	90.2		%

Accident year loss ratio	58.1		%	78.4		%	71.5		%	57.2		%	58.6		%
Accident year combined ratio	91.3		%	108.1		%	108.8		%	90.7		%	92.7		%
Attritional loss ratio	58.3		%	56.6		%	58.3		%	53.0		%	57.4		%
Attritional combined ratio	91.5		%	86.3		%	95.7		%	86.5		%	91.5		%

Page 16 of 21

SiriusPoint Ltd.

Investments - by Quarter

(expressed in millions of U.S. dollars)


	June 30, 2025				March 31, 2025				December 31, 2024				September 30, 2024				June 30, 2024
	Fair Value		%		Fair Value		%		Fair Value		%		Fair Value		%		Fair Value		%
Asset-backed securities	$	984.4	18.9	%	$	1,007.8	19.8	%	$	1,149.7	20.1	%	$	1,164.7	19.3	%	$	1,101.3	18.1	%
Residential mortgage-backed securities	916.9		17.6	%	931.0		18.2	%	973.8		17.1	%	1,054.2		17.4	%	1,046.5		17.2	%
Commercial mortgage-backed securities	177.6		3.4	%	174.0		3.4	%	224.5		3.9	%	251.6		4.2	%	238.2		3.9	%

Corporate debt securities	1,701.3		32.6	%	1,618.3		31.6	%	1,899.9		33.3	%	1,892.2		31.2	%	1,783.7		29.2	%
U.S. government and government agency	936.2		18.0	%	881.4		17.2	%	859.0		15.1	%	1,024.4		16.9	%	1,141.1		18.7	%
Non-U.S. government and government agency	19.5		0.3	%	22.7		0.4	%	24.1		0.4	%	24.7		0.4	%	34.5		0.6	%



Total debt securities, available for sale	4,735.9		90.8	%	4,635.2		90.6	%	5,131.0		89.9	%	5,411.8		89.4	%	5,345.3		87.6	%
Asset-backed securities	9.7		0.2	%	19.1		0.4	%	53.1		0.9	%	102.9		1.6	%	148.3		2.4	%
Residential mortgage-backed securities	47.0		0.9	%	47.9		0.9	%	48.7		0.9	%	53.1		0.9	%	52.8		0.9	%
Commercial mortgage-backed securities	38.6		0.7	%	42.7		0.8	%	51.8		0.9	%	59.1		1.0	%	62.9		1.0	%

Corporate debt securities	3.5		0.1	%	3.8		0.1	%	4.6		0.1	%	10.3		0.2	%	10.6		0.2	%
U.S. government and government agency	4.1		0.1	%	4.1		0.1	%	4.0		0.1	%	4.3		0.1	%	29.8		0.5	%
Non-U.S. government and government agency	—		—	%	—		—	%	—		—	%	3.4		0.1	%	3.3		0.1	%



Total debt securities, trading	102.9		2.0	%	117.6		2.3	%	162.2		2.9	%	233.1		3.9	%	307.7		5.0	%




Short-term investments	54.9		1.0	%	48.2		0.9	%	95.8		1.7	%	52.4		0.9	%	97.5		1.6	%
Other long-term investments	92.2		1.8	%	92.4		1.8	%	89.9		1.6	%	120.3		2.0	%	119.6		2.0	%

Cost and equity method investments	68.8		1.3	%	65.1		1.3	%	64.7		1.1	%	72.0		1.2	%	71.4		1.2	%
Investments in funds valued at net asset value	159.1		3.1	%	160.2		3.1	%	161.9		2.8	%	158.3		2.6	%	157.3		2.6	%
Total investments	$	5,213.8	100.0	%	$	5,118.7	100.0	%	$	5,705.5	100.0	%	$	6,047.9	100.0	%	$	6,098.8	100.0	%

Page 17 of 21

SiriusPoint Ltd.

Earnings per Share - by Quarter

(expressed in millions of U.S. dollars, except share and per share data)


	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024
Weighted-average number of common shares outstanding:
Basic number of common shares outstanding	116,523,435		115,975,961		161,378,360		165,659,401		170,173,022
Dilutive effect of options, warrants, restricted share awards, restricted share units, and Series A preference shares	2,146,036		2,579,205		—		7,143,897		8,538,233
Diluted number of common shares outstanding	118,669,471		118,555,166		161,378,360		172,803,298		178,711,255

Basic earnings (loss) per common share:
Net income (loss) available to SiriusPoint common shareholders	$	59.2	$	57.6	$	(21.3)	$	4.5	$	109.9
Net income allocated to SiriusPoint participating common shareholders	(0.1)		(0.1)		—		(0.1)		(7.2)
Net income (loss) allocated to SiriusPoint common shareholders	$	59.1	$	57.5	$	(21.3)	$	4.4	$	102.7

Basic earnings (loss) per share available to SiriusPoint common shareholders (1)	$	0.51	$	0.50	$	(0.13)	$	0.03	$	0.60

Diluted earnings (loss) per common share:
Net income (loss) available to SiriusPoint common shareholders	$	59.2	$	57.6	$	(21.3)	$	4.5	$	109.9
Net income allocated to SiriusPoint participating common shareholders	(0.1)		(0.1)		—		(0.1)		(7.2)

Net income (loss) allocated to SiriusPoint common shareholders	$	59.1	$	57.5	$	(21.3)	$	4.4	$	102.7

Diluted earnings (loss) per share available to SiriusPoint common shareholders (1)	$	0.50	$	0.49	$	(0.13)	$	0.03	$	0.57

(1)Basic earnings per share is based on the weighted average number of common shares and participating securities outstanding during the period. The Company treats certain of its unvested restricted shares and preference shares as participating securities. The weighted average number of common shares excludes any dilutive effect of outstanding warrants, options or restricted share awards and units. Diluted earnings per share is based on the weighted average number of common shares outstanding and includes any dilutive effects of warrants, options, restricted share awards and units, and is determined using the treasury stock method. In the event of a net loss, all participating securities, outstanding warrants, options and restricted shares and units are excluded from both basic and diluted loss per share since their inclusion would be anti-dilutive.

Page 18 of 21

SiriusPoint Ltd.

Annualized Return on Average Common Shareholders’ Equity - by Quarter

(expressed in millions of U.S. dollars, except share and per share data and ratios)


	June 30, 2025			March 31, 2025			December 31, 2024			September 30, 2024			June 30, 2024
Net income (loss) available to SiriusPoint common shareholders	$	59.2		$	57.6		$	(21.3)		$	4.5		$	109.9
Common shareholders’ equity attributable to SiriusPoint common shareholders - beginning of period	1,825.2			1,737.4			2,494.9			2,504.1			2,402.6


Common shareholders’ equity attributable to SiriusPoint common shareholders - end of period	1,905.7			1,825.2			1,737.4			2,494.9			2,504.1
Average common shareholders’ equity attributable to SiriusPoint common shareholders	$	1,865.5		$	1,781.3		$	2,116.2		$	2,499.5		$	2,453.4
Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders (1)	12.7		%	12.9		%	(4.0)		%	0.7		%	17.9		%

(1)Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders is calculated by dividing annualized net income available to SiriusPoint common shareholders for the period by the average common shareholders’ equity determined using the common shareholders’ equity balances at the beginning and end of the period.

Page 19 of 21

SiriusPoint Ltd.

Book Value per Share - by Quarter

(expressed in millions of U.S. dollars, except share and per share data)


	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024


Common shareholders’ equity attributable to SiriusPoint common shareholders	$	1,905.7	$	1,825.2	$	1,737.4	$	2,494.9	$	2,504.1

Accumulated other comprehensive income (loss), net of tax	46.5		26.4		(4.1)		81.5		(28.0)
Common shareholders’ equity attributable to SiriusPoint common shareholders ex. AOCI	1,859.2		1,798.8		1,741.5		2,413.4		2,532.1

Intangible assets	135.1		137.9		140.8		143.8		146.8
Tangible common shareholders' equity attributable to SiriusPoint common shareholders	$	1,770.6	$	1,687.3	$	1,596.6	$	2,351.1	$	2,357.3

Common shares outstanding	116,759,539		116,020,526		116,429,057		161,866,867		170,572,790
Effect of dilutive stock options, restricted share units, warrants and Series A preference shares	2,136,069		2,708,756		2,559,359		7,547,229		4,465,438
Book value per diluted common share denominator	118,895,608		118,729,282		118,988,416		169,414,096		175,038,228

Book value per common share	$	16.32	$	15.73	$	14.92	$	15.41	$	14.68
Book value per diluted common share	$	16.03	$	15.37	$	14.60	$	14.73	$	14.31
Book value per diluted common share ex. AOCI (1)	$	15.64	$	15.15	$	14.64	$	14.25	$	14.47
Tangible book value per diluted common share (1)	$	14.89	$	14.21	$	13.42	$	13.88	$	13.47

(1)Book value per diluted common share excluding AOCI and tangible book value per diluted common share, as presented, are non-GAAP financial measures and the most directly comparable U.S. GAAP measure is book value per common share. Management believes it is useful to exclude AOCI because it may fluctuate significantly between periods based on movements in interest and currency rates. Tangible book value per diluted common share excludes intangible assets. Management believes that effects of intangible assets are not indicative of underlying underwriting results or trends and make book value comparisons to less acquisitive peer companies less meaningful. Tangible book value per diluted common share is useful because it provides a more accurate measure of the realizable value of shareholder returns, excluding intangible assets.

Page 20 of 21

SiriusPoint Ltd.

Net Corporate and Other Expenses - by Quarter

(expressed in millions of U.S. dollars)



	June 30, 2025		March 31, 2025		December 31, 2024		September 30, 2024		June 30, 2024
Net corporate and other expenses	$	70.9	$	60.6	$	58.1	$	51.4	$	66.6


MGA Service expenses	$	49.6	$	43.1	$	41.2	$	41.3	$	47.7

Corporate and other expenses	$	19.0	$	16.9	$	14.4	$	6.3	$	13.3
Salaries, benefits and incentives	1.8		3.8		5.5		0.1		1.0
Professional fees	5.6		4.6		2.3		1.0		6.2
Taxes and regulatory fees	5.6		3.3		2.3		2.4		2.1
Corporate insurance	0.9		1.4		1.6		1.2		1.1
Depreciation	1.1		1.2		1.3		1.0		1.2

Other corporate expenses	4.0		2.6		1.4		0.6		1.7

Non-recurring corporate and other expenses	$	2.3	$	0.6	$	2.5	$	3.8	$	5.6
Severance	0.3		—		0.4		1.2		3.2
Professional fees	2.0		0.6		2.1		2.6		2.4

Page 21 of 21