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Fidelis Insurance Holdings Limited - $FIHL STOCK NEWS

Welcome to our dedicated page for Fidelis Insurance Holdings news (Ticker: $FIHL), a resource for investors and traders seeking the latest updates and insights on Fidelis Insurance Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fidelis Insurance Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fidelis Insurance Holdings's position in the market.

Rhea-AI Summary
Fidelis Insurance Holdings (FIHL) will release its first-quarter financial results on May 9, 2024, followed by an investor teleconference on May 10, 2024. The teleconference will be hosted by Dan Burrows, CEO, and Allan Decleir, CFO, to discuss the results and related matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
conferences earnings
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Rhea-AI Summary
Fidelis Insurance Group, Hampden Agencies, and Asta are collaborating to launch Syndicate 3123 in partnership with Lloyd's, marking a significant milestone in strategic expansion. The syndicate aims to write $180 million GWP in H2 of 2024 and $450 million in 2025, underwriting various insurance classes. Daniel O’Connell will be the Active Underwriter, managed by Asta. The initiative is supported by Lloyd’s CEO and aims to bring innovation and value to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
partnership
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Rhea-AI Summary
Fidelis Insurance Holdings (FIHL) filed its annual report on Form 20-F for 2023 with the SEC, providing access to financial statements. Shareholders can request a hard copy for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
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none
Rhea-AI Summary
Fidelis Insurance Holdings Limited (FIHL) reported strong financial results for the fourth quarter and full year 2023, showcasing substantial growth in gross premiums written and net income. The company achieved a combined ratio of 81.4% in Q4 and 82.1% for the full year, indicating improved underwriting performance. Operating ROE and ROAE also saw significant increases, reflecting the company's strategic execution and financial strength. The successful completion of the IPO on the NYSE further bolstered FIHL's financial position, raising $89.4 million in net proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.03%
Tags
-
Rhea-AI Summary
Fidelis Insurance Holdings Limited (FIHL) announces a quarterly dividend of $0.10 per common share, payable on March 29, 2024. The Board of Directors approved the initiation of a dividend program reflecting the company's strong balance sheet after achieving strategic milestones. CEO Dan Burrows emphasizes the focus on profitable growth opportunities and shareholder value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.03%
Tags
dividends
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Rhea-AI Summary
Fidelis Insurance Holdings Limited (FIHL) successfully closed a new catastrophe bond through its Herbie Re Ltd. program, providing $150 million of collateralized reinsurance protection. The Series 2024-1 Notes will cover insured industry losses from Named Storm and Earthquake Covered Events in the US and territories. Fidelis plans to renew the notes annually, up to four risk periods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
Tags
none
Rhea-AI Summary
Fidelis Insurance Holdings Limited (NYSE:FIHL) announced the release of its financial results for the fourth quarter of 2023 on February 29, 2024. The investor teleconference to discuss the results will be hosted by the Group CEO and CFO on March 1, 2024. The teleconference will include a question-and-answer period and can be accessed via phone or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
conferences earnings
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Rhea-AI Summary
Fidelis Insurance Holdings Limited (NYSE:FIHL) has announced a common share repurchase program of up to $50 million of the Company’s common shares. The program authorizes the purchase of shares utilizing various methods, including open market purchases, accelerated share repurchases, and privately negotiated transactions. The CEO expressed confidence in the value of the shares and the company's strong performance, solid capital position, and potential market opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.92%
Tags
buyback
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Rhea-AI Summary
Fidelis Insurance Holdings Limited (FIHL) appointed Miranda Hunter as Head of Investor Relations. Ms. Hunter brings over 15 years of (re)insurance and financial industry experience, having previously served as the Head of Investor Relations at AXIS Capital Holdings Limited and in leadership positions at Validus Holdings, Ltd. She will be responsible for leading Fidelis Insurance Group’s engagement with the investment community, reporting to CEO Dan Burrows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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management
Rhea-AI Summary
Fidelis Insurance Holdings Limited (FIHL) announced strong financial results for the third quarter and nine months ended September 30, 2023. With a combined ratio of 85.4% in Q3 and 82.4% for the nine months, FIHL demonstrated a robust underwriting performance. The net income of $87.7 million for Q3 and $1,904.2 million for the nine months, along with an annualized operating return on average common equity of 17.6% for Q3 and 17.7% for the nine months, showcases the company's financial strength. The completion of its IPO on NYSE in July 2023, raising $89.4 million in net proceeds, further solidified its market position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.59%
Tags
Fidelis Insurance Holdings Limited

NYSE:FIHL

FIHL Rankings

FIHL Stock Data

2.21B
47.60M
22.01%
70.95%
0.99%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
Pembroke