PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — SiriusPoint Ltd. (SPNT) on Wednesday reported profit of $244 million in its fourth quarter.

On a per-share basis, the Pembroke, Bermuda-based company said it had net income of $1.97. Earnings, adjusted for non-recurring gains, were 70 cents per share.

The property and casualty reinsurance company posted revenue of $973.7 million in the period.

For the year, the company reported profit of $459.6 million, or $3.64 per share. Revenue was reported as $3.21 billion.

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