Sirius International Insurance Group, Ltd. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
14 WESLEY STREET, 5TH FLOOR HAMILTON, HM11 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2020 MRQ | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 542 | 499 | |||
| Cash and cash equivalents | 136 | 119 | |||
| Short-term investments | 405 | 380 | |||
| Total current assets: | 542 | 499 | |||
| Noncurrent Assets | |||||
| Long-term investments and receivables | 347 | 365 | |||
| Long-term investments | 347 | 365 | |||
| Intangible assets, net (including goodwill) | 581 | 596 | |||
| Goodwill | 401 | 401 | |||
| Intangible assets, net (excluding goodwill) | 180 | 196 | |||
| Total noncurrent assets: | 927 | 961 | |||
| Other undisclosed assets | 4,945 | 4,547 | |||
| TOTAL ASSETS: | 6,414 | 6,008 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Noncurrent Liabilities | |||||
| Other undisclosed liabilities | 4,548 | 4,069 | |||
| Total liabilities: | 4,548 | 4,069 | |||
| Temporary equity, carrying amount | 223 | 232 | |||
| Equity | |||||
| Equity, attributable to parent | 1,640 | 1,705 | |||
| Common stock | 1 | 1 | |||
| Additional paid in capital | 1,098 | 1,089 | |||
| Accumulated other comprehensive loss | (238) | (202) | |||
| Retained earnings | 779 | 817 | |||
| Equity, attributable to noncontrolling interest | 2 | 2 | |||
| Total equity: | 1,643 | 1,706 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,414 | 6,008 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Revenues | 1,720 | 1,458 | ||
| Cost of revenue (Policyholder Benefits and Claims Incurred, Net) | (1,170) | (900) | ||
| Gross profit: | 550 | 558 | ||
| Operating expenses | (264) | (248) | ||
| Operating income: | 286 | 310 | ||
| Interest and debt expense | (31) | (31) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (289) | (255) | ||
| Income (loss) from continuing operations before income taxes: | (34) | 24 | ||
| Income tax expense | (12) | (40) | ||
| Loss from continuing operations: | (46) | (17) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (46) | (17) | |
| Net loss: | (46) | (17) | ||
| Net loss attributable to noncontrolling interest | (2) | (1) | ||
| Net loss attributable to parent: | (47) | (18) | ||
| Preferred stock dividends and other adjustments | 9 | (25) | ||
| Net loss available to common stockholders, basic: | (38) | (43) | ||
| Dilutive securities, effect on basic earnings per share | (9) | |||
| Net loss available to common stockholders, diluted: | (47) | (43) | ||
Comprehensive Income ($ in millions)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Net loss: | (46) | (17) | ||
| Other comprehensive loss | (35) | (62) | ||
| Comprehensive loss: | (81) | (79) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2) | (1) | ||
| Comprehensive loss, net of tax, attributable to parent: | (82) | (80) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.