SiriusPoint Receives S&P Rating Upgrade to 'A' from 'A-'

S&P Global Ratings has upgraded SiriusPoint Ltd.'s core insurance operating subsidiaries' long-term issuer credit and financial strength ratings to 'A' from 'A-', and the holding company's rating to 'BBB+' from 'BBB'. This marks the company's third ratings upgrade this year, with a stable outlook. S&P highlighted SiriusPoint's de-risking efforts in underwriting and investment portfolios, consistent performance, and improved capital position as key drivers for the upgrade, noting the company's robust underwriting results and strong capital levels.