SiriusPoint swings to $52.1mn Q4 net investment income on fixed income gains
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SiriusPoint swings to $52.1mn Q4 net investment income on fixed income gains

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SiriusPoint swung to a net investment gain of $52.1mn in Q4 2022, compared with a $151.2mn loss in Q4 2021, driven by a $45.5mn gain in its fixed income portfolio and $26.4mn in income from short-term investments.

Profits from bonds and short-term securities offset $16mn in losses from long-term investments, driven by changes in the valuations of private investments and an $8mn loss related to investments in the TP Enhanced Fund.

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