# S&P Global Ratings has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint Ltd.

*business · news · 2026-04-21 · The Manila Times*

## Key points

- S&P Global Ratings upgraded SiriusPoint's core subsidiaries to 'A' from 'A-', its third upgrade in 2026.
- SiriusPoint's capital position improved significantly due to de-risking underwriting and investment portfolios.
- SiriusPoint retired $200 million of preference shares and fully repurchased shares from CM Bermuda Limited.
- SiriusPoint sold its stakes in ArmadaCare and Arcadian as part of recent strategic actions.

**Companies:** SiriusPoint Ltd
**Countries:** Bermuda, United States, Sweden, United Kingdom

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/04/22/tmt-newswire/globenewswire/sp-upgrades-siriuspoints-insurance-subsidiaries-to-a-based-on-consistent-robust-earnings-and-strength-of-capital-position/2325395)

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