|
|
|
01.04.26 - 22:39
|
AM Best Affirms Credit Ratings of Fidelis Insurance Holdings Limited and Its Subsidiaries (Business Wire)
|
|
|
OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Fidelis Insurance Bermuda Limited (Bermuda), Fidelis Underwriting Limited (United Kingdom) and Fidelis Insurance Ireland Designated Activity Company (Ireland). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of Fidelis Insurance Holdings Limited (Fidelis) (Bermuda), the ultimate holding company. Concurrently, AM Best has affirmed the Long-Term IR of “bbb-” (Good) to $400 million 7.75% fixed rate subordinated notes, due 2055. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Fidelis' balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The very strong balance sheet strength assessment is supported by Fidelis' strongest level of ri...
|
|
|
|
|
05.03.26 - 23:30
|
Fidelis Insurance Group Announces Filing of Annual Report on Form 20-F (Business Wire)
|
|
|
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today that it has filed its annual report on Form 20-F for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission (“SEC”). The Form 20-F can be accessed by visiting either the SEC's website at www.sec.gov or the Company's website at www.fidelisinsurance.com.
In addition, the Company's shareholders may receive a hard copy of the Form 20-F, which includes the Company's complete audited financial statements, free of charge by requesting a copy from the Company's Investor Relations and Communications team at: ir@fidelisinsurance.com.
About Fidelis Insurance Group
Fidelis Insurance Group, which expects to rebrand as Pelagos Insurance Capital in 2026, subject to all necessary legal and regulatory approvals, is a global specialty insurance and r...
|
|
|
|
|
02.03.26 - 13:06
|
Fidelis Insurance Group Announces Repurchase of All Remaining Common Shares from CVC Falcon Holdings Limited (Business Wire)
|
|
|
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, today announced that it has entered into a definitive agreement to repurchase all remaining common shares held by CVC Falcon Holdings Limited (“CVC”), one of our founding shareholders, for an aggregate purchase price of $163,346,230.00.
The Company has agreed to repurchase 8,597,170 common shares at $19.00 per share. As at the date of completion of the transaction, CVC will no longer hold any ownership interest in Fidelis Insurance Group.
Dan Burrows, Fidelis Insurance Group CEO stated, “We are pleased to announce the repurchase of CVC's remaining shares at a compelling value. This transaction, completed below our year-end diluted book value per common share of $24.61, is expected to deliver meaningful accretion to our book value per share and return on average equity.”
Burro...
|
|
|
|
|
|
|
25.02.26 - 22:21
|
Fidelis Insurance Group Reports Outstanding Fourth Quarter 2025 (Business Wire)
|
|
|
Combined Ratio of 80.6%, an improvement of 47 points compared with the 2024 period
Annualized Operating ROAE of 18.3%, an improvement of 37 points compared with the 2024 period
Fourth Quarter 2025 Highlights:
Annualized operating return on average common equity (“Annualized Operating ROAE”) of 18.3%, an improvement of 37 points compared to the fourth quarter of 2024
Combined ratio improved to 80.6%, an improvement of 47 points compared to 128.0% in the fourth quarter of 2024
Total capital returned to common shareholders in the quarter of $133.6 million, including common share repurchases of $118.7 million, at an average price of $18.47 per share, and dividends of $14.9 million
Net income of $117.8 million, or $1.17 per diluted common share, and operating net income of $110.4 million, or $1.09 per diluted common share
Book value per diluted common share was $24.61 at December 31, 2025, an increase of 15.2% including cumulative dividends from December 31, 2024, of $21.79
PEMBROKE, Bermuda--(BUSINESS WIR...
|
|
|
|
|
20.02.26 - 14:33
|
Fidelis Insurance Group Expands Capital Management Initiatives (Business Wire)
|
|
|
Increases common share repurchase authorization, bringing the total current authorization to $400 million
Announces quarterly dividend of $0.15 per common share payable March 27, 2026PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today an expansion of its capital management initiatives. The Company's Board of Directors approved an increase to the current common share repurchase authorization to $400 million and additionally approved and declared a dividend of $0.15 per common share, payable on March 27, 2026, to shareholders of record on March 16, 2026.
This announcement builds on the $313.7 million in capital returned to shareholders in the year ended December 31, 2025, including the repurchase of 15,184,976 common shares for $261.4 million and $52.3 million in dividends. Notably, shares repurchased within the fourth q...
|
|
|
|
|
22.01.26 - 22:24
|
Fidelis Insurance Group Sponsors New Herbie Re Ltd. Catastrophe Bond (Business Wire)
|
|
|
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group”), a global specialty insurer, announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully placed a new catastrophe bond through the issuance of Series 2026-1 Class A Principal-at-Risk Variable Rate Notes (the “Series 2026-1 Notes”), by the Herbie Re Ltd. program (“Herbie Re”).
This is the eighth series of notes issued by Herbie Re and will provide Fidelis Insurance Group with annual aggregate, industry-loss triggered protection against losses from earthquakes affecting the United States and District of Columbia. The $75 million in Herbie Re Series 2026-1 Notes will provide Fidelis Insurance Group with a source of annual aggregate collateralized retrocessional reinsurance protection over an almost four year term through the end of 2029.
Ian Houston, Fidelis Insurance Group Chief Underwriting Officer, said “Building on the success of our Herbie Re Catastrophe B...
|
|
|
09.01.26 - 14:36
|
Fidelis Insurance Group Schedules Fourth Quarter 2025 Financial Results Conference Call (Business Wire)
|
|
|
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) ("Fidelis Insurance Group", the “Group” or the "Company"), a global specialty insurer and reinsurer, announced today that it expects to release financial results for the fourth quarter ended December 31, 2025, on February 25, 2026, after the close of the financial markets. These documents will be available via the Investors section of the Company's website at https://investors.fidelisinsurance.com.
Dan Burrows, Group Chief Executive Officer; Allan Decleir, Group Chief Financial Officer; and Jonny Strickle, Group Managing Director; will host an investor teleconference, including a question-and-answer session, on February 26, 2026, at 9:00 a.m. ET to discuss the fourth quarter results as well as related matters.
The teleconference can be accessed by dialing 1-646-844-6383 (U.S. callers), or 1-833-470-1428 (international callers), and entering the passcode 350245 approximately 10 minutes in advance of ...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|