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FIHL-News
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Pelagos Insurance Capital Rebrands and Begins Trading
Pelagos Insurance Capital, formerly Fidelis Insurance Holdings, announced it will begin trading on the New York Stock Exchange under its new name and ticker symbol "PLGO." This follows the Company's recent rebrand from Fidelis Insurance Group to Pelagos Insurance Capital, effective May 11, 2026, after shareholder approval at the Company's Annual General Meeting on April 28, 2026. The ticker symbol change from "FIHL" to "PLGO" reflects the Company's new brand identity.
Fidelis Insurance to Repurchase All Shares from CVC Falcon for $163.35M
Fidelis Insurance announced that it has entered into a definitive agreement to repurchase all remaining common shares held by CVC Falcon for an aggregate purchase price of $163.35M. 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.
Fidelis Insurance Reports 80.6% Combined Ratio in Q4
Dan Burrows, Group Chief Executive Officer of Fidelis Insurance Group, commented: "Our excellent fourth quarter performance, highlighted by an 80.6% combined ratio and an annualized Operating ROAE of 18.3%, once again demonstrates the strength of our platform and our ability to deliver on our targets as we execute our capital allocation strategy."
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