SiriusPoint Management
Management criteria checks 1/4
SiriusPoint's CEO is Scott Egan, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is $10.28M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $6.91M. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.
Key information
Scott Egan
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Not Many Are Piling Into SiriusPoint Ltd. (NYSE:SPNT) Just Yet
Aug 26
Investors Holding Back On SiriusPoint Ltd. (NYSE:SPNT)
May 08Tracking Dan Loeb's Third Point Portfolio - Q4 2023 Update
Mar 06SiriusPoint Ltd. (NYSE:SPNT) Could Be Riskier Than It Looks
Jan 23Revisiting SiriusPoint Common And Preferred
Jan 22SiriusPoint Offers Extremely Undervalued 9.3% Bond And An Excellent Preferred Stock
Sep 25SiriusPoint GAAP EPS of -$0.17, revenue of $673.6M
Feb 23SiriusPoint appoints Steve Yendall as CFO
Oct 12Scott Egan is the new CEO of SiriusPoint
Sep 07SiriusPoint GAAP EPS of -$0.38, revenue of $473.1M
Aug 03Bargain 8% Preferred Stock With Best Protection Against Rising Interest Rates: SiriusPoint
Jul 21Tracking Dan Loeb's Third Point Portfolio - Q1 2021 Update
Jun 01Franklin Montross Is The Director of SiriusPoint Ltd. (NYSE:SPNT) And They Just Picked Up 42% More Shares
Mar 17Have Insiders Been Buying Third Point Reinsurance Ltd. (NYSE:TPRE) Shares?
Mar 02Third Point Reinsurance's (NYSE:TPRE) Stock Price Has Reduced 32% In The Past Three Years
Feb 02What Is The Ownership Structure Like For Third Point Reinsurance Ltd. (NYSE:TPRE)?
Dec 08Third Pont Re gets shareholder approvals for Sirius Group merger
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$281m |
| Jun 30 2024 | n/a | n/a | US$330m |
| Mar 31 2024 | n/a | n/a | US$277m |
| Dec 31 2023 | US$10m | US$1m | US$315m |
| Sep 30 2023 | n/a | n/a | US$201m |
| Jun 30 2023 | n/a | n/a | US$49m |
| Mar 31 2023 | n/a | n/a | -US$64m |
| Dec 31 2022 | US$7m | US$320k | -US$403m |
Compensation vs Market: Scott's total compensation ($USD10.28M) is above average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
CEO
Scott Egan (53 yo)
2.3yrs
Tenure
US$10,282,470
Compensation
Mr. Scott Egan, ACMA, MBA, serves as Chief Executive Officer of SiriusPoint Ltd. since September 21, 2022 and serves as its Director since September 2022. He served as Chief Executive Officer of RSA UK & I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$10.28m | 0.30% $ 6.9m | |
| Group President & Chief Underwriting Officer | 3.8yrs | US$3.80m | 0.22% $ 5.1m | |
| President & CEO of SiriusPoint International | 2yrs | US$2.28m | 0.024% $ 562.1k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Senior VP | less than a year | no data | 0.019% $ 448.8k | |
| Chief Information & Technology Officer | 2.7yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 1.4yrs | no data | no data | |
| Chief Human Resources Officer | 2.9yrs | no data | no data | |
| Global Head of Specialty | 11yrs | US$1.66m | no data | |
| Executive VP & Chief Reserving Actuary | 6.1yrs | no data | no data | |
| Chief Underwriting Officer of International Reinsurance | 3.8yrs | no data | no data | |
| Executive Vice President of International Reinsurance | 3.8yrs | no data | no data |
2.8yrs
Average Tenure
51yo
Average Age
Experienced Management: SPNT's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.3yrs | US$10.28m | 0.30% $ 6.9m | |
| Independent Director | 3.8yrs | US$206.25k | 0.059% $ 1.4m | |
| Independent Director | 11.1yrs | US$202.50k | 0.097% $ 2.3m | |
| Independent Chairman | 1.6yrs | US$149.57k | 0.032% $ 754.6k | |
| Director | 2.6yrs | no data | 4.13% $ 96.3m | |
| Director | less than a year | no data | 0.0065% $ 151.6k | |
| Independent Director | 4.3yrs | US$202.50k | 0.068% $ 1.6m | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.8yrs | US$202.50k | 0.052% $ 1.2m | |
| Independent Director | 3.8yrs | US$448.20k | 0.091% $ 2.1m | |
| Director | 3.8yrs | US$60.00k | 0.011% $ 268.0k |
2.8yrs
Average Tenure
58yo
Average Age
Experienced Board: SPNT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SiriusPoint Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Cohen | BofA Global Research |
| Michael Zaremski | Credit Suisse |
| Meyer Shields | Keefe, Bruyette, & Woods |