Fidelis Insurance Holdings (FIHL) Company Report

Analyst Coverage

Research analysts who have asked questions during Fidelis Insurance Holdings earnings calls.

Leon Cooperman

Omega Family Office

8 questions for FIHL

Also covers: ABR, FOA, SMTSF

Meyer Shields

Keefe, Bruyette & Woods

8 questions for FIHL

Also covers: ACGL, AFG, AIG +24 more

Pablo Singzon

JPMorgan Chase & Co.

6 questions for FIHL

Also covers: ASIC, BOW, BWIN +5 more

Alex Scott

Barclays PLC

5 questions for FIHL

Also covers: ACGL, AFL, AIG +30 more

Andrew Andersen

Jefferies

5 questions for FIHL

Also covers: ACGL, AFG, AHL +21 more

David Motemaden

Evercore ISI

5 questions for FIHL

Also covers: ACGL, AJG, ALL +16 more

Michael Zaremski

BMO Capital Markets

4 questions for FIHL

Also covers: ACGL, AFG, AIG +25 more

Brian Meredith

UBS

3 questions for FIHL

Also covers: ACGL, AIG, AIZ +17 more

Matthew Carletti

Citizens JMP Securities

3 questions for FIHL

Also covers: AII, AMSF, BOW +12 more

Robert Cox

The Goldman Sachs Group, Inc.

3 questions for FIHL

Also covers: AHL, AIG, AJG +13 more

Matt Carletti

Citizens JMP

2 questions for FIHL

Also covers: AHL, AMSF, BOW +8 more

Peter Newton

Evercore

2 questions for FIHL

Michael Zeremeski

BMO Capital Markets

1 question for FIHL

Mike Zielinski

BMO Capital Markets

1 question for FIHL

Peter Knudsen

Evercore ISI

1 question for FIHL

Also covers: FDS, PGR, PLMR

Rob Cox

Goldman Sachs

1 question for FIHL

Also covers: ACGL, AJG, BRO +5 more

Yaron Kinar

Oppenheimer & Co. Inc.

1 question for FIHL

Also covers: ACGL, ALL, AXS +13 more

Latest news

Recent press releases and 8-K filings for FIHL.

Fidelis Insurance Holdings Ltd Reports Strong 2025 Financials, Announces Rebranding, and Increases Share Repurchase Authorization

FIHL

Earnings

Share Buyback

New Projects/Investments

Fidelis Insurance Group reported strong financial results for 2025, with gross premiums written increasing 7% to $4.7 billion, an operating net income of $205 million (or $1.92 per diluted common share), and a combined ratio of 94.8%.
The company significantly enhanced shareholder value, with book value per diluted share growing 15% year-over-year to $24.61 by the end of 2025, and returned $314 million of capital to common shareholders through expanded share repurchase and dividend programs. The Board further increased the common share repurchase authorization to $400 million in February 2026.
Fidelis announced plans to change its name to Pelagos Insurance Capital Limited and expects to trade under the ticker symbol "PLGO" on the NYSE, with a target launch in May 2026, pending necessary approvals.
The company continued to expand its strategic underwriting partnerships, adding new partners such as Euclid Mortgage, Bamboo Insurance, and Oak Global, which contributed 4 points to the overall gross premiums written growth in 2025.

4 hours ago

6-K

Fidelis Insurance Group Announces Share Repurchase from CVC Falcon

FIHL

Share Buyback

Fidelis Insurance Group (FIHL) has entered into a definitive agreement to repurchase all remaining common shares held by CVC Falcon Holdings Limited.
The company will repurchase 8,597,170 common shares at $19.00 per share for an aggregate purchase price of $163,346,230.00.
This transaction, completed below the year-end diluted book value per common share of $24.61, is expected to deliver meaningful accretion to book value per share and return on average equity.
As a result of this transaction, CVC Falcon Holdings Limited will no longer hold any ownership interest in Fidelis Insurance Group.

Mar 2, 2026, 12:00 PM

6-K

Fidelis Insurance Group Repurchases Shares from CVC Falcon Holdings Limited

FIHL

Share Buyback

M&A

Fidelis Insurance Holdings Limited (FIHL) announced the repurchase of all remaining common shares held by CVC Falcon Holdings Limited (CVC).
The company will repurchase 8,597,170 common shares at $19.00 per share, for an aggregate purchase price of $163,346,230.00.
This transaction, completed below the year-end diluted book value per common share of $24.61, is expected to deliver meaningful accretion to book value per share and return on average equity.
As a result of the transaction, CVC, a founding shareholder, will no longer hold any ownership interest in Fidelis Insurance Group.

Mar 2, 2026, 12:00 PM

Press Release

Fidelis Insurance Holdings Reports Strong Q4 and Full-Year 2025 Results

FIHL

Earnings

Share Buyback

Guidance Update

Fidelis Insurance Group (FIHL) reported strong Q4 2025 financial results, including an 80.6% combined ratio and an 18.3% annualized operating return on average equity, with full-year 2025 operating net income of $205 million or $1.92 per diluted common share.
Gross premium written increased 7.1% for the full year 2025 to $4.7 billion, with new underwriting partnerships contributing 4 points to this growth, and the company announced a new brand identity, Pelagos Insurance Capital.
The company repurchased 15.2 million common shares in 2025, contributing $0.90 to book value per share, and increased its share repurchase authorization to $400 million.
For 2026, FIHL anticipates mid-single digit top-line growth and projects Q1 2026 net earned premiums to be between $450 million-$500 million for the insurance segment and $50 million-$60 million for the reinsurance segment.

Feb 26, 2026, 2:00 PM

Transcript

Fidelis Insurance Group Announces Strong Q4 and Full Year 2025 Results

FIHL

Earnings

Share Buyback

Dividends

Fidelis Insurance Group reported strong Q4 2025 results, with a Combined Ratio of 80.6% and an Annualized Operating ROAE of 18.3%, both significantly improved from the prior year period.
For the full year 2025, the company achieved Gross Premiums Written of $4.7 billion and an Operating EPS of $1.92.
The Book Value Per Diluted Common Share increased by 13% to $24.61 as of December 31, 2025, reflecting strong performance and a robust balance sheet with $2.4 billion in Shareholders' Equity and $12.4 billion in Total Assets.
Fidelis returned $314 million of capital to common shareholders in 2025, including $261 million in share repurchases and $52 million in dividends, demonstrating a disciplined approach to capital allocation.

Feb 26, 2026, 2:00 PM

Presentation

Fidelis Insurance Group Reports Strong Q4 2025 Results and Announces Rebranding

FIHL

Earnings

Share Buyback

Guidance Update

Fidelis Insurance Group (FIHL) delivered a Q4 2025 combined ratio of 80.6%, an improvement of 47 points year-over-year, and an annualized operating ROAE of 18.3%, with operating net income of $110 million and $1.09 diluted EPS.
For the full year 2025, gross premium written grew 7.1% to $4.7 billion, and the company repurchased 15.2 million common shares at an average price of $17.22, contributing $0.90 to book value per share.
The company announced its new brand identity, Pelagos Insurance Capital, reflecting its positioning as a capital allocator, and increased its common share repurchase authorization to $400 million.
Looking ahead to 2026, FIHL anticipates mid-single digits top-line growth, an overall loss ratio in the mid 40% range, and investment results expected to generate a return of approximately 4%-4.5%.

Feb 26, 2026, 2:00 PM

Transcript

Fidelis Insurance Holdings Reports Strong Q4 2025 Results and Announces New Brand Identity

FIHL

Earnings

Share Buyback

Guidance Update

Fidelis Insurance Holdings (FIHL) reported strong Q4 2025 financial results, including operating net income of $110 million or $1.09 per diluted common share, an annualized operating return on average equity of 18.3%, and an 80.6% combined ratio. For the full year 2025, operating net income was $205 million or $1.92 per diluted common share, with an operating ROAE of 8.5%.
Gross premiums written increased 7.1% for the full year 2025 to $4.7 billion, and 3% in Q4 2025 to $978 million, driven by new underwriting partnerships such as Euclid Mortgage and Bamboo Insurance.
The company executed significant capital returns, repurchasing 15.2 million common shares in 2025 at an average price of $17.22, which contributed $0.90 to book value per share. An additional $400 million share repurchase authorization was approved.
FIHL announced a new brand identity, Pelagos Insurance Capital, effective May 2026, to emphasize its role as a capital allocator. For 2026, the company expects mid-single digit top-line growth.

Feb 26, 2026, 2:00 PM

Transcript

Fidelis Insurance Group Reports Strong Q4 and Full-Year 2025 Results and Announces Name Change

FIHL

Earnings

Share Buyback

Dividends

Fidelis Insurance Group reported a combined ratio of 80.6% and an annualized Operating ROAE of 18.3% for the fourth quarter of 2025, alongside full-year 2025 gross premiums written of $4.7 billion and a book value per diluted common share of $24.61 at December 31, 2025.
The company returned $133.6 million to common shareholders in Q4 2025, including $118.7 million in common share repurchases, and announced an increase to its share repurchase authorization to $400 million.
Fidelis Insurance Holdings Limited intends to change its name to Pelagos Insurance Capital Limited and begin trading under the new ticker symbol NYSE: PLGO in May 2026, subject to regulatory and legal approvals.

Feb 25, 2026, 9:15 PM

6-K

Fidelis Insurance Group Reports Strong Q4 and Full-Year 2025 Results, Announces Rebranding and Increased Share Buyback

FIHL

Earnings

Share Buyback

Dividends

Fidelis Insurance Group reported an annualized operating return on average common equity (ROAE) of 18.3% and a combined ratio of 80.6% for the fourth quarter ended December 31, 2025, demonstrating significant improvement from the prior year period [(0)][(1)].
For the full year 2025, the company achieved net income of $225.5 million or $2.11 per diluted common share, alongside record gross premiums written of $4.7 billion, marking a 7.1% increase over the prior year [(0)][(1)].
The company returned $133.6 million to common shareholders in Q4 2025, including $118.7 million in share repurchases, and announced a $0.15 per share dividend payable in March 2026. The Board also approved an increase to the share repurchase authorization to $400 million [(0)][(7)].
Fidelis Insurance Group intends to change its name to Pelagos Insurance Capital Limited and is expected to begin trading under the new ticker symbol PLGO on the NYSE in May 2026, subject to regulatory and legal approvals [(7)].

Feb 25, 2026, 9:15 PM

Press Release

FIHL Announces Increased Share Repurchase Authorization and Quarterly Dividend

FIHL

Dividends

Share Buyback

Fidelis Insurance Holdings Limited (FIHL) announced an increase in its common share repurchase authorization, bringing the total current authorization to $400 million.
The company declared a quarterly dividend of $0.15 per common share, payable on March 27, 2026, to shareholders of record on March 16, 2026.
In the year ended December 31, 2025, FIHL returned $313.7 million to shareholders, including $261.4 million from share repurchases and $52.3 million in dividends.