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Fidelis Insurance Group (NYSE: FIHL) reported strong fourth-quarter and full-year 2025 results, with a combined ratio of 80.6% and annualized operating ROAE of 18.3% for Q4. Gross premiums written reached a record $4.72 billion for 2025, up 7.1% year-over-year. The company returned $133.6 million of capital to common shareholders in Q4, including $118.7 million of share repurchases at an average price of $18.47 and $14.9 million of dividends.
Q4 net income was $117.8 million ($1.17 per diluted share); full-year net income was $225.5 million ($2.11 per diluted share). Book value per diluted share rose to $24.61, a 15.2% increase including dividends.
Fidelis Insurance Group (NYSE:FIHL) announced it intends to change its name to Pelagos Insurance Capital and expects to begin trading under a new ticker, PLGO, in May 2026, subject to regulatory, legal and shareholder approvals.
The company says operations, regulatory permissions, contracts and policy terms will remain unchanged during and after the rebrand. A preview of the new logo and landing page is available at the company's new website.