SiriusPoint Ratings Upgraded to 'A' by Fitch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2026
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Should l Buy SPNT?
Source: Newsfilter
- Rating Upgrade: Fitch has upgraded SiriusPoint's Insurer Financial Strength rating from A- to A and its Long-Term Issuer Default Rating from BBB to BBB+, reflecting significant improvements in the company's earnings over recent years, indicating a robust financial position.
- Strong Financial Performance: By strategically repositioning its insurance portfolio and exiting non-core lines, SiriusPoint has reduced overall volatility, strengthened its capitalization, and demonstrated solid underwriting results over the past three years, showcasing improved risk selection.
- Management Recognition: CEO Scott Egan stated that the Fitch rating upgrade is a positive endorsement of the company's progress, marking a strong performance in 2025 that sets a solid foundation for continued growth in 2026, highlighting the company's competitive edge in the market.
- Enhanced Capital Strength: With over $3.0 billion in total capital, SiriusPoint's operating companies hold an A rating for financial strength, underscoring the company's strong position in the global insurance and reinsurance markets and further solidifying its market share.
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Analyst Views on SPNT
Wall Street analysts forecast SPNT stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 23.350
Low
25.00
Averages
25.00
High
25.00
Current: 23.350
Low
25.00
Averages
25.00
High
25.00
About SPNT
SiriusPoint Ltd. is a Bermuda-based global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. The Company has licenses to write property and casualty and accident and health insurance and reinsurance globally. The Company’s segments include Reinsurance and Insurance & Services. In the Reinsurance segment, the Company provides reinsurance products to insurance and reinsurance companies, government entities, and other risk-bearing vehicles on a treaty or facultative basis. The Reinsurance segment predominantly underwrites casualty, property and specialty lines of business on a worldwide basis. For reinsurance assumed, it participates in the reinsurance market with a global focus through the broker market distribution channel. Through the Insurance & Services segment, the Company underwrites primary insurance in a number of sectors. The Insurance & Services segment includes accident and health, casualty, and specialty.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Rating Upgrade: S&P Global Ratings has upgraded the long-term issuer credit and financial strength ratings of SiriusPoint's core insurance subsidiaries to 'A' from 'A-', marking the company's third upgrade this year and indicating significant improvement in its financial health.
- Improved Capital Position: The upgrade reflects S&P's positive view on SiriusPoint's de-risking of underwriting and investment portfolios, suggesting that its capital position and credit fundamentals have improved significantly, with expectations of robust underwriting results over the next two years.
- Strategic Actions: SiriusPoint has undertaken several strategic initiatives, including reducing catastrophe exposure, fully repurchasing common shares and warrants held by CM Bermuda Limited, and retiring $200 million in preference shares, which further solidifies its financial foundation.
- Industry Recognition: Earlier this year, both AM Best and Fitch Ratings upgraded SiriusPoint to A, highlighting the company's ongoing improvements in earnings, disciplined underwriting, and ability to absorb volatility across underwriting cycles.
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- Rating Upgrade: AM Best upgraded SiriusPoint and its operating subsidiaries' Financial Strength Rating from A- to A and Long-Term Issuer Credit Ratings from 'a-' to 'a', reflecting significant improvements in the company's financial stability, which is expected to enhance investor confidence and market competitiveness.
- Capital Management Success: The upgrade is based on SiriusPoint's management actions, including de-risking its investment portfolio, reducing catastrophe exposure, and streamlining ownership structure, indicating enhanced capability to absorb market volatility, which could attract more clients and partners.
- Profitability Outlook: AM Best expects SiriusPoint's risk-adjusted capitalization to remain at the strongest level, supporting profitable underwriting results in the future, particularly as the company transitions towards less volatile accident and health insurance lines, further strengthening its market position.
- Management Confidence: CEO Scott Egan stated that the rating upgrade reflects the progress made by the company, emphasizing the importance of maintaining focus on underwriting strategy and capital deployment, which will lay a solid foundation for future growth.
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- Rating Upgrade: AM Best has upgraded SiriusPoint's Financial Strength Rating from A- to A and its Long-Term Issuer Credit Ratings from a- to a, reflecting significant improvements in the company's financial stability and operational performance, which is expected to enhance investor confidence and market competitiveness.
- Capital Base Growth: SiriusPoint's reported equity reached $2.5 billion in 2025, up from $1.9 billion in 2024, indicating organic growth of its capital base through full earnings retention, further solidifying its financial strength.
- Improved Underwriting Performance: Since 2023, SiriusPoint's combined ratios have ranged between 93% and 96%, a significant improvement from above 100% previously, with expectations for continued profitable underwriting results and reduced volatility, enhancing its market position.
- Portfolio Optimization: By reducing catastrophe exposure and streamlining its investment portfolio, the company has enhanced its financial stability, and it is expected to maintain a strong risk-adjusted capitalization level, supporting future business growth and market expansion.
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- Rating Upgrade: Fitch has upgraded SiriusPoint's Insurer Financial Strength rating from A- to A and its Long-Term Issuer Default Rating from BBB to BBB+, reflecting significant improvements in the company's earnings over recent years, indicating a robust financial position.
- Strong Financial Performance: By strategically repositioning its insurance portfolio and exiting non-core lines, SiriusPoint has reduced overall volatility, strengthened its capitalization, and demonstrated solid underwriting results over the past three years, showcasing improved risk selection.
- Management Recognition: CEO Scott Egan stated that the Fitch rating upgrade is a positive endorsement of the company's progress, marking a strong performance in 2025 that sets a solid foundation for continued growth in 2026, highlighting the company's competitive edge in the market.
- Enhanced Capital Strength: With over $3.0 billion in total capital, SiriusPoint's operating companies hold an A rating for financial strength, underscoring the company's strong position in the global insurance and reinsurance markets and further solidifying its market share.
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- Significant Earnings Growth: SiriusPoint reported a 141% increase in net income for 2025, reaching $444 million, with diluted earnings per share at $1.97, showcasing the company's strong financial performance on both core and consolidated bases, thereby reinforcing its market position.
- Premium Revenue Increase: The Accident & Health (A&H) segment saw gross written premiums grow by 23% to nearly $1 billion, becoming a crucial part of the company's business mix, which is expected to drive future revenue growth and enhance market share.
- Acquisitions and Integration: The company acquired Assist America and World Nomads, anticipating an incremental EBITDA increase of $8 million to $10 million annually post-integration, further enhancing the profitability of the IMG A&H MGA and supporting long-term growth strategies.
- Capital Management Plan: SiriusPoint announced a $100 million share repurchase plan over the next 12 months, representing over 4% of total outstanding shares, a move that not only enhances shareholder value but also reflects the company's flexibility and confidence in capital allocation.
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- Earnings Release Schedule: SiriusPoint Ltd. announced it will release its Q4 2025 financial results after market close on February 18, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: The company will hold a conference call on February 19, 2026, at 8:30 am (Eastern Time) to discuss financial results and answer investor questions, aiming to enhance engagement with shareholders.
- Webcast Access: Investors can access the live conference call via the Investor Relations section of the company's website, indicating SiriusPoint's efforts in digital communication to improve information accessibility.
- Replay Information: A replay of the call will be available through specific dialing until March 5, 2026, at 11:59 pm (Eastern Time), ensuring that investors who cannot attend live can still access critical information.
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