Sirius International Insurance Group, Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2018
For the full year, the company reported net earned insurance and reinsurance premiums of $1,262.3 million against $1,035.3 million for the same period a year ago. Total revenues were $1,457.8 million against $1,134.1 million for the same period a year ago. Net loss was $16.7 million against $136.3 million for the same period a year ago. Basic loss per common share and common share equivalent was $0.36 compared to $1.30 a year ago.
For the quarter, the company reported impairment of intangible assets of $8.0 million against $5.0 million a year ago.