Major SiriusPoint investment loss undercuts pivot away from total return re

May 05, 2022

SiriusPoint booked a $205mn net investment loss during the first quarter of the year that undermines the efforts the company has made to pivot away from Third Point Re’s asset strategy towards a more traditional fixed income-focused portfolio.

The Q1 investment results led to a negative annualized return on shareholders’ equity of 39.5%, compared to the 33.9%

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