v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net income $ 170.8 $ 125.3
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Share compensation 16.4 12.2
Net realized and unrealized gain on investments and derivatives (19.3) (0.4)
Amortization of premium and accretion of discount, net (13.7) (19.8)
Amortization of intangible assets 5.0 5.7
Other items, net (23.5) 32.5
Changes in assets and liabilities:    
Insurance and reinsurance balances receivable, net (346.4) (236.6)
Deferred acquisition costs, net (24.6) (52.0)
Unearned premiums ceded (143.3) (20.1)
Loss and loss adjustment expenses recoverable, net 110.9 51.4
Deferred tax asset/liability 11.7 10.2
Other assets 21.5 (54.5)
Interest and dividends receivable 2.9 1.5
Loss and loss adjustment expense reserves (32.2) 163.5
Unearned premium reserves 264.3 214.8
Deferred gain on retroactive reinsurance 0.0 (8.5)
Reinsurance balances payable 13.7 (241.7)
Other liabilities 7.3 (10.3)
Held for sale asset 115.2 0.0
Net cash provided by (used in) operating activities 136.7 (26.8)
Investing activities    
Purchases of debt securities, available-for-sale (980.6) (811.2)
Purchases of short-term investments (16.3) (89.2)
Purchases of other investments (4.4) (9.7)
Proceeds from sales and maturities of debt securities, available-for-sale 931.8 1,282.2
Proceeds from sales and maturities of debt securities, trading and short-term investments 59.6 191.0
Proceeds from sales and maturities of other investments 44.2 8.7
Change in due to/from brokers, net (7.3) (6.0)
Business acquisitions, net (cash and restricted cash acquired of $4.9) (29.4) 0.0
Net cash provided by (used in) investing activities (2.4) 565.8
Financing activities    
Redemption of preference shares (200.0) 0.0
Purchases of SiriusPoint common shares under share repurchase program (73.3) (490.8)
Net proceeds from exercise of options 0.0 0.6
Net proceeds (payments) on deposit liability contracts 7.6 (7.3)
Cash dividends paid to preference shareholders (2.6) (8.0)
Taxes paid on withholding shares (22.2) (4.1)
Change in total noncontrolling interests, net (0.3) (0.8)
Net cash used in financing activities (290.8) (510.4)
Net increase (decrease) in cash, cash equivalents and restricted cash (156.5) 28.6
Cash, cash equivalents and restricted cash at beginning of period 902.4 894.6
Cash, cash equivalents and restricted cash at end of period $ 745.9 $ 923.2