SiriusPoint (NYSE:SPNT – Get Free Report) and American International Group (NYSE:AIG – Get Free Report) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.
Institutional and Insider Ownership
52.8% of SiriusPoint shares are held by institutional investors. Comparatively, 90.6% of American International Group shares are held by institutional investors. 10.3% of SiriusPoint shares are held by company insiders. Comparatively, 0.6% of American International Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for SiriusPoint and American International Group, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SiriusPoint | 0 | 0 | 0 | 0 | N/A |
| American International Group | 0 | 7 | 8 | 0 | 2.53 |
Profitability
This table compares SiriusPoint and American International Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SiriusPoint | 13.24% | 15.78% | 2.86% |
| American International Group | -1.54% | 9.37% | 0.83% |
Earnings and Valuation
This table compares SiriusPoint and American International Group’s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SiriusPoint | $2.76 billion | 0.90 | $354.80 million | $1.68 | 8.67 |
| American International Group | $46.44 billion | 1.03 | $3.64 billion | $6.70 | 10.76 |
American International Group has higher revenue and earnings than SiriusPoint. SiriusPoint is trading at a lower price-to-earnings ratio than American International Group, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
SiriusPoint has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, American International Group has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.
Summary
American International Group beats SiriusPoint on 9 of the 13 factors compared between the two stocks.
About SiriusPoint
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers' compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.
About American International Group
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.
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