Recent SPNT transcripts
Associated SPNT filings
Clare Kerrigan | Corporate Communications and Investor Relations |
Sid Sankaran | Chief Executive Officer and Chairman |
David Junius | Chief Financial Officer |
Good morning, ladies and gentlemen, and welcome to the SiriusPoint Limited First Quarter 2021 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the call over to Ms. Clare Kerrigan, Head of Investor Relations for SiriusPoint. Please go ahead.
operator. you, Thank SiriusPoint of the call the for Welcome Limited quarter XXXX. first to earnings we quarter available Last earnings our issued night, first and www.sirius.pt.com. supplement, website, press Form financial which our are on release an XX-Q, With me our Chief Financial Officer; Executive Chief Sid David our Chairman Junius, and and Officer. today here are Sankaran,
uncertainties. the that Please where including recent release results forward-looking as remarks refer to factors expectations. the materially XX-Q begin, forward-looking cause projected could statements earnings contain the I remind result Actual company's press Before and differ from will may you Form a like we risk materially you these to that risks on filings, current other find certain today to actual will would many public results differ of and the of based from most those statements.
addition, which measures, in most understanding A earnings non-GAAP release to non-GAAP is will over management more that will the press refer the call measures website. believe reconciliation company's In to complete to certain our turn is presented a time, results. GAAP measure I on this financial these the of for Sid. financial At company's management of comparable available allow the
be good I'm morning, February. you, following Thank and Clare, to very here pleased officially completion Third everyone. Sirius Point in with Group to of today the SiriusPoint introduce Re's merger
conditions our team, market benefit in our platform, I'm capital, allowing quality of conditions. our compete global the our advantage us and strong market marketplaces. transaction, to pleased added balance and underwriting the expertise that changing culture fashion talent reinsurance refocused has of extremely we've capabilities, closing company combined the by Our differentiated to and strategy, insurance world-class and strengthened from in sheet and the take of a effective to
that entrepreneurial with team experienced of comprising is an serves that is creating platform company reinsurance a underwriters, the meaningful and transformation. markets, we them billion than ripe SiriusPoint leaders player change. a world's And a insurance at risk. be brokers it XXX in where still Today, of a the of insurance outstanding company, see and almost of balance dramatically and to an comprising SiriusPoint more long-tenured is global has beginning innovative countries. its clients sheet, are and is change. view the the in that the us, just of changed ourselves capital. We start-up has for at industry many forefront going $X and as perception We COVID-XX robust of
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first purchase or million, million share. to $X which of quarter of gain bargain Turning per $X.XX income our $XXX diluted net reported We results. includes
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Turning to underwriting.
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were and First, largely of transaction-related reflect value the and managing relationships general established insurance valuation million $XXX of our a distribution underwriter licenses. intangibles with and
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to We or are capital coverage fair million closely, we've believe factors. for instruments Group, the a established interpretations. a shift developments price consideration monitor $XXX the market absent but COVID significant fluctuate and liability continue Series Fourth, shares, regulatory performance environment in in of reserved, contingent the value we stock issued on including may rights. Sirius contingent acquisition warrants, quarter-to-quarter upside SiriusPoint the values of and depending A rights These the other adequately
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needed, as undrawn. remains liquidity, revolver $XXX if of We an additional million source a also which established
call Now turn me the remarks. for to let Sid concluding back
status differentiated underwriting company and mix proud of Thanks, We diversified truly investment new set be the with business. exciting David. a establishing through a prudent ways built I'm to up truly challenge to culture to conducting approach, leading to a committed more create and risk. and balanced a We've remain Sirius' new plan. of business we're quo and
and and execute the with more you we us turn I'll expect we time, we believe have of to future time, to enormous build for I consistent potential. deliver value build ahead bright Thank operator. results long-term As over over your call back a sustained our that the shareholders. for
does you your participation. conclude Thank This today's teleconference. for
time. your lines this a may You great Have disconnect day. at
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