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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Net premiums earned $ 512.1 $ 141.7 $ 1,234.4 $ 428.9
Net realized and unrealized investment gains (losses) (11.7) 7.0 43.7 54.6
Net investment income from investments in related party investment funds 202.4 110.6 401.2 8.3
Other net investment income 9.1 4.4 18.8 11.2
Net investment income 199.8 122.0 463.7 74.1
Other revenues 20.7 0.0 47.1 0.0
Total revenues 732.6 263.7 1,745.2 503.0
Expenses        
Loss and loss adjustment expenses incurred, net 581.7 110.5 984.9 287.4
Acquisition costs, net 106.9 54.8 281.5 147.7
Other underwriting expenses 89.3 6.1 191.8 21.1
Net corporate and other expenses 19.5 14.9 113.5 30.2
Intangible asset amortization 2.0 0.0 4.1 0.0
Interest expense 9.7 2.1 24.4 6.2
Foreign exchange (gains) losses (16.1) 5.9 (16.5) (3.1)
Total expenses 793.0 194.3 1,583.7 489.5
Income (loss) before income tax (expense) benefit (60.4) 69.4 161.5 13.5
Income tax (expense) benefit 13.0 (0.7) (6.4) (4.4)
Net income (loss) (47.4) 68.7 155.1 9.1
Net loss attributable to noncontrolling interests 3.4 0.0 1.8 0.0
Net income (loss) available to SiriusPoint (44.0) 68.7 156.9 9.1
Dividends on Series B preference shares (4.0) 0.0 (9.5) 0.0
Net income (loss) available to SiriusPoint common shareholders (48.0) 68.7 147.4 9.1
Net income (loss) available to SiriusPoint common shareholders $ (48.0) $ 68.7 $ 147.4 $ 9.1
Earnings (loss) per share available to SiriusPoint common shareholders        
Basic earnings (loss) per share available to SiriusPoint common shareholders (in dollars per share) $ (0.30) $ 0.74 $ 0.94 $ 0.10
Diluted earnings (loss) per share available to SiriusPoint common shareholders (in dollars per share) $ (0.34) $ 0.73 $ 0.92 $ 0.10
Weighted average number of common shares used in the determination of earnings (loss) per share        
Basic (in shares) 159,225,772 92,613,393 145,095,270 92,466,813
Diluted (in shares) 160,240,888 92,969,646 147,597,964 92,877,674