Sirius International Insurance Group, Ltd. (SG) financial statements (2021 and earlier)

Company profile

Business Address 14 WESLEY STREET, 5TH FLOOR
HAMILTON, HM11
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments542499
Cash and cash equivalents136119
Short-term investments405380
Total current assets:542499
Noncurrent Assets
Long-term investments and receivables347365
Long-term investments347365
Intangible assets, net (including goodwill)581596
Goodwill401401
Intangible assets, net (excluding goodwill)180196
Total noncurrent assets:927961
Other undisclosed assets4,9454,547
TOTAL ASSETS:6,4146,008
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities4,5484,069
Total liabilities:4,5484,069
Temporary equity, carrying amount223232
Stockholders' equity
Stockholders' equity attributable to parent1,6401,705
Common stock11
Additional paid in capital1,0981,089
Accumulated other comprehensive loss(238)(202)
Retained earnings779817
Stockholders' equity attributable to noncontrolling interest22
Total stockholders' equity:1,6431,706
TOTAL LIABILITIES AND EQUITY:6,4146,008

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
Revenues1,7201,458
Cost of revenue
(Policyholder Benefits and Claims Incurred, Net)
(1,170)(900)
Gross profit:550558
Operating expenses(264)(248)
Operating income:286310
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)
Net loss:(46)(17)
Net loss attributable to noncontrolling interest(2)(1)
Net loss attributable to parent:(47)(18)
Preferred stock dividends and other adjustments9(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)

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 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.

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