Pelagos Insurance Capital (PLGO) Stock News

Pelagos Insurance Capital (NYSE: PLGO), formerly Fidelis Insurance Group (NYSE: FIHL), announced that Group Managing Director Jonny Strickle will present at the 2026 KBW Insurance Conference in New York on Thursday, September 10, 2026, at 2:20 p.m. EDT. A live, listen-only webcast will be accessible via the Investors section of the company’s website.

Pelagos Insurance Capital (NYSE: PLGO) reported second quarter 2026 gross premiums written of $1.30 billion, up 6.4% year over year, with a combined ratio of 99.5% versus 103.7% in Q2 2025. Net income was $44.4 million ($0.52 per diluted share) and operating net income was $28.7 million ($0.34 per diluted share). Annualized operating ROAE rose to 5.1%.

For the first half of 2026, gross premiums written reached $3.14 billion, up 6.6%, with a combined ratio of 93.1% compared to 110.1% a year earlier. Net income was $152.4 million ($1.71 per share) and operating net income was $117.1 million ($1.31 per share). Pelagos returned $72.6 million to shareholders in Q2 and $305.3 million in the first half via buybacks and dividends, while book value per diluted share increased to $26.56, up 9.1% including dividends since year-end 2025.

Pelagos Insurance Capital (NYSE: PLGO), formerly Fidelis Insurance Group (NYSE: FIHL), announced that its Board of Directors has declared a quarterly dividend of $0.15 per common share. The dividend is payable on September 25, 2026 to shareholders of record as of September 14, 2026.

Pelagos Insurance Capital (NYSE:PLGO) will release its second quarter 2026 financial results on August 12, 2026, after market close. Results and related materials will be posted in the Investors section of the company’s website.

An investor conference call and webcast to discuss Q2 2026 results will take place on August 13, 2026, at 9:00 a.m. ET, featuring senior management.

Pelagos Insurance Capital (NYSE: PLGO) reported first quarter 2026 gross premiums written of $1.84 billion, up 6.8% year over year. Net income was $108.0 million ($1.15 diluted EPS) and operating net income was $88.4 million ($0.94 diluted EPS).

The combined ratio improved to 86.6% from 115.6%, and annualized operating ROAE reached 15.2% versus (7.6)% a year earlier. Book value per diluted share rose to $26.22, a 7.2% increase including dividends, while $232.7 million was returned to shareholders via buybacks and dividends.

Pelagos Insurance Capital (NYSE:PLGO), formerly Fidelis Insurance Holdings (NYSE:FIHL), will begin trading on the NYSE under its new name and ticker PLGO.

The rebrand took effect May 11, 2026. Q1 2026 results will be released May 13 with an earnings call on May 14.

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.