HAMILTON, Bermuda, April  21, 2026  (GLOBE NEWSWIRE) -- S&amp;P Global Ratings (&#34;S&amp;P&#34;) has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint

SPNT

S&P upgrades SiriusPoint's Insurance Subsidiaries to 'A' based on consistent robust earnings and strength of capital position

SiriusPoint secures A rating upgrade from S&P Global Ratings

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HAMILTON, Bermuda, April  21, 2026  (GLOBE NEWSWIRE) -- S&amp;amp;P Global Ratings (&amp;#34;S&amp;amp;P&amp;#34;) has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>SiriusPoint Ltd. has received a significant rating upgrade from S&amp;P Global, enhancing its issuer credit and financial strength ratings to &#039;A&#039; from &#039;A-&#039;. This marks their third upgrade this year, attributed to improved underwriting performance and strong capital management, which may positively influence investor confidence and stock performance in the near term.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>S&amp;P upgrades SiriusPoint&#039;s ratings from A- to A.</li><li>Stable outlook reflects improved credit fundamentals.</li><li>The upgrade is SiriusPoint&#039;s third this year.</li><li>SiriusPoint&#039;s robust underwriting expected to continue.</li><li>Cash management and diversified portfolio contribute to ratings.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>SiriusPoint Ltd. (SPNT)</strong>: Reputation bolstered through multiple ratings upgrades, favorable for future growth.</li><li><strong>AM Best (No symbol)</strong>: AM Best rating further validates SiriusPoint&#039;s management practices.</li><li><strong>Fitch Ratings (No symbol)</strong>: Positive outlook from Fitch reinforces market trust in SPNT.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it directly impacts SiriusPoint&#039;s financial health and market perception, critical for investor confidence.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Upgrades from S&amp;P, AM Best, and Fitch boost SPNT&#039;s credibility.</li><li>Increased investor confidence may lead to higher demand for SPNT shares.</li><li>Strong underwriting results expected to underlie stock price stability.</li><li>Proactive capital management may attract institutional investment.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>S&amp;P upgraded SiriusPoint to &#039;A&#039; from &#039;A-&#039; on April 21, 2026.</li><li>SiriusPoint has now received three ratings upgrades this year.</li><li>SiriusPoint&#039;s investments and underwriting performance have significantly improved.</li><li>$200 million of preference shares have been retired recently.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>SPNT shares are likely to rally in response to positive ratings and outlook.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>HAMILTON, Bermuda, April  21, 2026  (GLOBE NEWSWIRE) -- S&amp;P Global Ratings ("S&amp;P") has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint Ltd ("SiriusPoint" or "the Company") to &#39;A&#39; from &#39;A-&#39;, marking the Company's third ratings upgrade this year. S&amp;P has also raised its long-term issuer credit rating on the holding company, SiriusPoint Ltd., to &#39;BBB+&#39; from &#39;BBB&#39;. The outlook of these ratings is stable.</p>  <p>The upgrade reflects S&amp;P's view that the de-risking of SiriusPoint's underwriting and investment portfolios, combined with its consistent performance, have "improved its capital position and credit fundamentals significantly."</p>  <p>S&amp;P said: "The rating action also represents our view that the group will continue to record robust underwriting result in line with its peers and hold capital in excess of our 99.99% confidence level over the next two years."</p>  <p>S&amp;P recognized the actions SiriusPoint has taken in recent years, including reducing its catastrophe exposure, the full repurchase of all SiriusPoint common shares and warrants held by CM Bermuda Limited, the retirement of $200 million of preference shares, and the recent sale of its stakes in ArmadaCare and Arcadian.</p>  <p>Earlier this year, AM Best and Fitch Ratings upgraded SiriusPoint to A (Excellent) and A (Strong), respectively, citing the Company's improved earnings, disciplined underwriting, prudent capital management, and its ability to absorb volatility across underwriting cycles.</p>  <p>Scott Egan, Chief Executive Officer at SiriusPoint, said: "We are very proud to have achieved our third ratings upgrade this year, which is a strong endorsement of the company we are today. The S&amp;P upgrade reflects the real progress we've made in building a stronger, more resilient business with firm foundations for long-term success."</p>  <p><a href="https://www.globenewswire.com/Tracker?data=qPnQo7C7RdQ8dBLsq-hhOJJIZzsYLzvl5VaceCetmLbn003t0frJOEz_ITPQPGgmw5WgcjskkbytDn8ukqZjPgkAxV0VFigFsQcH5ykQOuGr94L3brRLbkc10qReKxvXCSLpuPTI4UIHWKzWrnenVE3_0KI1DeFibkIkDXTwS74=" rel="nofollow" target="_blank">Click here</a> to read S&amp;P's press release in full.</p>  <p><strong>About SiriusPoint</strong><br></br>SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property &amp; Casualty and Accident &amp; Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With over $3.0 billion total capital, SiriusPoint's operating companies have a financial strength rating of A from AM Best, Fitch and S&amp;P, and A3 from Moody's. For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=IHOhBeMiJc6B5ZyL2E-2osB8LeWU-3Sk6dvHwb45BKnhgXkdNhUcaQnG8GqZ671ybmAfGEZZGe3RU4AdFlhdt4JjVatsN6fP6JGs2dmDUb0=" rel="nofollow" target="_blank">https://www.siriuspt.com/</a></p>  <p><strong>Forward-Looking Statements</strong><br></br>We make statements in this press release, and any related oral statements, that are forward-looking statements within the meaning of the U.S. federal securities laws, which we intend to be covered by the safe harbor provisions for such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those made in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risk factors described in SiriusPoint's most recent Annual Report on Form 10-K and any other subsequent periodic reports filed with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date made and SiriusPoint undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise</p>  <p><strong>Contacts</strong></p>  <p><strong>Investor Relations</strong><br></br>Liam Blackledge, SiriusPoint<br></br><a href="https://www.globenewswire.com/Tracker?data=zQeuFT_f1bfzs59J2Bts3JQJKuK8u0p1IyGkf61fl32lEaFZz6MdlmKzfNBVmIH2JqWL2CZMARJSDFWgnemfAWITLdhB4mwiwIlxN0IjbYB0kaGBfIkc1oxDXqOIBC9L" rel="nofollow" target="_blank">Liam.Blackledge@siriuspt.com</a><br></br>+44 203 772 3082</p>  <p><strong>Media</strong><br></br>Sarah Hills, Rein4ce<br></br><a href="https://www.globenewswire.com/Tracker?data=VXKJeEl8iqFDf3IssCdk02xTVln2175z--MTzwa6qgxzQT7cbMyQUGQnYRllt0eq-MI5fOOegUJ5tP0kSZ2hXe6i7JcG0XkBPoKZDkTjJR7dZI0_uNC7bAFJje7jzhgA" rel="nofollow" target="_blank">sarah.hills@rein4ce.co.uk</a><br></br>+44 7718 882011<img height="0.67px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/f8d3c930-2bbb-440d-8165-3bbcb2468a57/image1.gif" width="0.67px" data-dpi="96" data-filename="image1.gif"></img></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5NDE4MSM3NTQ3NDkwIzIxOTY5MzI="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YmU3YjIwNGUtNGQwNy00NjhhLWJiODItYmY0ZTMxNzhjNmYyLTEyMDg0ODUtMjAyNi0wNC0yMS1lbg==/tiny/Sirius-Global-Services-LLC.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/6453c426-021f-4524-bec1-e514bfd815b7"><img src="https://ml.globenewswire.com/media/6453c426-021f-4524-bec1-e514bfd815b7/small/smallsir-jpg.jpg" border="0" width="150" height="144" alt="Primary Logo"></img></a></p>

SiriusPoint Ltd. has received a significant rating upgrade from S&P Global, enhancing its issuer credit and financial strength ratings to 'A' from 'A-'. This marks their third upgrade this year, attributed to improved underwriting performance and strong capital management, which may positively influence investor confidence and stock performance in the near term.

S&P upgrades SiriusPoint's Insurance Subsidiaries to 'A' based on consistent robust earnings and strength of capital position

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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