SiriusPoint Ltd's 8-K Report: Key Insights on Common & Preferred Shares

Based on the provided XML section of the financial report, here are the key insights and important information extracted:
- Entity Information:
- Company Name: SiriusPoint Ltd
- CIK (Central Index Key): 0001576018
- Stock Tickers:
- Common Shares: SPNT (NYSE)
- Series B Preferred Shares: SPNT PB (NYSE)
- Filing Type:
- Form: 8-K
- Filing Date: December 30, 2024
- Stock Information:
- Common Shares:
- Par Value: $0.10
- Series B Preferred Shares:
- Rate: 8.00% Resettable Fixed Rate
- Par Value: $0.10
- Liquidation Preference: $25.00 per share
- Financial Period:
- The context of the data refers to a specific date: December 30, 2024.
- Contact Information:
- Address: Point Building, 3 Waterloo Lane, Pembroke, HM 08, Bermuda
- Phone Number: +1 441 542-3300
- Segment Information:
- The report includes classifications for both Common Stock and Series B Preferred Stock as part of the statement class of stock axis.
Insights:
- Preferred Shares represent a significant component of SiriusPoint Ltd's capital structure, with a relatively high fixed return of 8.00%, which could be attractive to investors seeking stable income.
- The presence of both common and preferred shares indicates the company may be catering to different types of investors, balancing equity and fixed income characteristics.
- The filing date and type (8-K) suggest this is likely a current event report, indicating new developments or significant changes concerning the company that investors should be aware of.
Overall, this financial report section provides essential information regarding SiriusPoint Ltd's stock structure and recent disclosures, highlighting its offerings in both common and preferred equity.