Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, reports developments tied to its global specialty insurance and reinsurance business. The company operates as a capital allocator and risk selector, with insurance exposures across property, marine, asset-backed finance and portfolio credit, energy, cyber, aviation and aerospace, political risk, violence and terror, and other specialty lines, alongside a reinsurance book focused on property catastrophe and related retrocession and whole-account business.
Recurring news themes include underwriting results, catastrophe and large-loss activity, investment gains and losses, quarterly dividends, common share repurchases, shareholder and governance matters, annual report filings, and the completed corporate rebrand to Pelagos Insurance Capital. Company updates also address its network of underwriting partnerships and capital-management actions within the specialty insurance market.
Fidelis Insurance Holdings (NYSE:FIHL) reported mixed Q2 2025 results, with net income of $19.7 million ($0.18 per diluted share) and operating net income of $13.6 million ($0.12 per diluted share). The company posted gross premiums written of $1.2 billion with a combined ratio of 103.7%.
For H1 2025, FIHL reported a net loss of $22.8 million ($(0.21) per share) and gross premiums written growth of 8.7% to $2.9 billion. The combined ratio was 110.1%, impacted by the English High Court judgment on Russia-Ukraine aviation litigation and California wildfires.
The company continued its capital return program, returning $132.8 million to shareholders in H1 2025 through $110.8 million in share repurchases and $22.0 million in dividends. FIHL announced a $200 million share repurchase program renewal and increased its quarterly dividend to $0.15 per share.
Fidelis Insurance Group (NYSE:FIHL) has announced significant capital management initiatives, including a renewed share repurchase authorization of $200 million and an increased quarterly dividend of $0.15 per share.
The company has already returned $132.8 million to shareholders in H1 2025, comprising $110.8 million in share repurchases (6,923,116 shares) and $22.0 million in dividends. Notable was a $50.0 million private repurchase of 3,109,452 shares from CVC Falcon Holdings Limited.
The next dividend payment is scheduled for September 26, 2025, with a record date of September 16, 2025. The company will execute the repurchase program through various methods, including open market purchases, accelerated repurchases, and private transactions.
Fidelis Insurance Holdings (NYSE:FIHL), a global specialty insurer, has scheduled its second quarter 2025 financial results announcement. The company will release its Q2 2025 results on August 13, 2025, after market close.
A conference call led by CEO Dan Burrows, CFO Allan Decleir, and Group Managing Director Jonny Strickle will be held on August 14, 2025, at 9:00 a.m. ET. Investors can access the call via phone (U.S.: 1-404-975-4839, International: 1-833-470-1428, passcode: 118994) or through a live webcast on the company's investor relations website.
Fidelis Insurance Holdings (NYSE: FIHL), a global specialty insurer, has announced a quarterly dividend of $0.10 per share. The dividend will be paid on June 27, 2025, to shareholders who are on record as of June 16, 2025. This dividend declaration demonstrates the company's commitment to providing regular returns to its shareholders.
Fidelis Insurance Holdings (NYSE:FIHL), a global specialty insurer, has scheduled its first quarter 2025 financial results conference call. The company will release its Q1 2025 results on May 14, 2025, after market close.
The investor teleconference will be held on May 15, 2025, at 9:00 a.m. ET, featuring Group CEO Dan Burrows, Group CFO Allan Decleir, and Group Managing Director Jonny Strickle. The call will include a Q&A session and can be accessed via phone (U.S.: 1-646-564-2877, International: 1-800-549-8228, passcode: 50436) or through a live webcast on the company's investor relations website.
Fidelis Insurance Holdings (NYSE: FIHL) reported mixed results for Q4 and full-year 2024. While annual gross premiums grew 23% to $4.4 billion, the company faced significant challenges in Q4 with a net loss of $122.2 million.
Full-year 2024 highlights include:
- Net income of $113.3 million ($0.98 per diluted share)
- Combined ratio of 99.7%
- Operating ROAE of 5.6%
- Book value per share increased 5.3% to $21.79
- Returned $151.7 million to shareholders through dividends and buybacks
Q4 2024 was particularly challenging with:
- Combined ratio of 128.0%
- Catastrophe and large losses of $133.2 million
- Net adverse prior year loss reserve development of $270.3 million
- Net investment income improved to $51.4 million
Fidelis Insurance Holdings (NYSE: FIHL), a global specialty insurer, has announced a quarterly dividend payment. The company's Board of Directors has approved and declared a dividend of $0.10 per share. The dividend will be paid on March 27, 2025, to common shareholders who are on record as of March 12, 2025.