SiriusPoint Declares Quarterly Dividend on Series B Preference Shares
SiriusPoint Ltd. has recently made a noteworthy announcement regarding its Series B Preference Shares. The Company is set to distribute a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares. This dividend will be payable to shareholders of record as of November 15. For those anticipating the payout, it's scheduled to be made on or before November 30. This decision comes from the Audit Committee of the Board of Directors, highlighting the company's commitment to rewarding its investors.
About SiriusPoint
As a significant player in the global insurance and reinsurance market, SiriusPoint operates with a comprehensive approach in providing a broad range of solutions to clients and brokers worldwide. The company is based in Bermuda, with additional offices in major financial hubs such as New York, London, and Stockholm. Being listed on the New York Stock Exchange with the ticker SPNT, SiriusPoint is well-positioned in the industry.
Strength in Capital and Ratings
SiriusPoint proudly boasts over $3.0 billion in total capital, which significantly underlines its financial robustness. The operating companies under SiriusPoint have achieved commendable financial strength ratings, including an A- (Stable) from AM Best, S&P, and Fitch, as well as an A3 (Stable) from Moody’s. These ratings are indicative of SiriusPoint's strong operational foundation and reliability in the insurance sector.
Strategic Partnerships
A notable aspect of SiriusPoint’s success is its extensive network of strategic partnerships with Managing General Agents and Program Administrators. These relationships bolster the company's distribution capabilities and enhance its service offerings. By collaborating with various firms, SiriusPoint can deliver tailored insurance solutions that meet diverse client needs while ensuring a robust market presence.
Contact Information for Queries
For inquiries related to investment or media, SiriusPoint has provided dedicated contacts. For Investor Relations, Liam Blackledge is available at +44 203 772 3082 or via email at Liam.Blackledge@siriuspt.com. Additionally, for media-related questions, Sarah Hills can be reached at +44 7718 882011 or through Sarah.Hills@rein4ce.co.uk.
Frequently Asked Questions
What is the amount of the dividend declared by SiriusPoint?
SiriusPoint has announced a quarterly cash dividend of $0.50 per share on its Series B Preference Shares.
When will the dividend be paid to shareholders?
The dividend is expected to be paid on or before November 30 to shareholders of record as of November 15.
What financial strength ratings does SiriusPoint hold?
The company's operating entities hold financial strength ratings of A- (Stable) from AM Best, S&P, and Fitch, and A3 (Stable) from Moody’s.
Where is SiriusPoint headquartered?
SiriusPoint is headquartered in Bermuda, with offices in several international cities including New York, London, and Stockholm.
Who can I contact for more information regarding investments?
For investment-related inquiries, you can contact Liam Blackledge in Investor Relations at SiriusPoint.
