SiriusPoint Q2 CR rises to 93.1% on higher cats as insurance NPW doubles

SiriusPoint’s combined ratio ticked up 4.0 points to 93.1 percent in Q2 2022 on higher catastrophe losses and lower favorable loss reserve development as well as its continued shift from reinsurance to insurance and services, while the carrier’s insurance & services net premiums written (NPW) more than doubled.