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Fidelis Insurance Holdings Limited - FIHL STOCK NEWS

Welcome to our dedicated page for Fidelis Insurance Holdings news (Ticker: FIHL), a resource for investors and traders seeking the latest updates and insights on Fidelis Insurance Holdings stock.

Fidelis Insurance Holdings Limited (FIHL) is a distinguished global player in the (re)insurance industry. The company operates through three main underwriting segments: Bespoke, Specialty, and Reinsurance.

Bespoke solutions are tailored to meet specific client needs, focusing primarily on credit and political risks, transactional liabilities, and credit insurance. This segment aims to provide customized insurance solutions that cater to unique requirements, helping clients manage diverse and complex risks.

The Specialty segment encompasses a broad range of industries, including property direct and facultative (D&F), energy, marine, and aviation lines. This category covers significant niche markets, providing insurance products designed to address the specific challenges of these sectors.

The Reinsurance segment offers property reinsurance solutions, ensuring that primary insurers can manage their risk exposures more effectively. By providing coverage to other insurance companies, Fidelis strengthens the sustainability of the insurance market overall.

Fidelis Insurance Holdings Ltd is committed to delivering innovative and adaptable insurance products. The company's robust financial condition is underscored by its strategic partnerships and continuous efforts to stay ahead in a competitive market. Recent strategic moves have bolstered its market presence, reflecting a resilient growth trajectory.

Investors looking to stay updated with Fidelis Insurance Holdings Ltd can expect timely news releases on performance metrics, strategic developments, and industry-related events. The company's dedication to transparency ensures that stakeholders have access to relevant and up-to-date information.

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Fidelis Insurance Group, a global specialty insurer, has declared a quarterly dividend of $0.10 per common share. The dividend is payable on June 28, 2024, to common shareholders of record on June 14, 2024.

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Fidelis Insurance Holdings (FIHL) will release its first-quarter financial results on May 9, 2024, followed by an investor teleconference on May 10, 2024. The teleconference will be hosted by Dan Burrows, CEO, and Allan Decleir, CFO, to discuss the results and related matters.
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Fidelis Insurance Group, Hampden Agencies, and Asta are collaborating to launch Syndicate 3123 in partnership with Lloyd's, marking a significant milestone in strategic expansion. The syndicate aims to write $180 million GWP in H2 of 2024 and $450 million in 2025, underwriting various insurance classes. Daniel O’Connell will be the Active Underwriter, managed by Asta. The initiative is supported by Lloyd’s CEO and aims to bring innovation and value to shareholders.
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Fidelis Insurance Holdings (FIHL) filed its annual report on Form 20-F for 2023 with the SEC, providing access to financial statements. Shareholders can request a hard copy for free.
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Fidelis Insurance Holdings Limited (FIHL) reported strong financial results for the fourth quarter and full year 2023, showcasing substantial growth in gross premiums written and net income. The company achieved a combined ratio of 81.4% in Q4 and 82.1% for the full year, indicating improved underwriting performance. Operating ROE and ROAE also saw significant increases, reflecting the company's strategic execution and financial strength. The successful completion of the IPO on the NYSE further bolstered FIHL's financial position, raising $89.4 million in net proceeds.
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Fidelis Insurance Holdings Limited (FIHL) announces a quarterly dividend of $0.10 per common share, payable on March 29, 2024. The Board of Directors approved the initiation of a dividend program reflecting the company's strong balance sheet after achieving strategic milestones. CEO Dan Burrows emphasizes the focus on profitable growth opportunities and shareholder value creation.
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Fidelis Insurance Holdings Limited (FIHL) successfully closed a new catastrophe bond through its Herbie Re Ltd. program, providing $150 million of collateralized reinsurance protection. The Series 2024-1 Notes will cover insured industry losses from Named Storm and Earthquake Covered Events in the US and territories. Fidelis plans to renew the notes annually, up to four risk periods.
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Fidelis Insurance Holdings Limited (NYSE:FIHL) announced the release of its financial results for the fourth quarter of 2023 on February 29, 2024. The investor teleconference to discuss the results will be hosted by the Group CEO and CFO on March 1, 2024. The teleconference will include a question-and-answer period and can be accessed via phone or live webcast.
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Fidelis Insurance Holdings Limited (NYSE:FIHL) has announced a common share repurchase program of up to $50 million of the Company’s common shares. The program authorizes the purchase of shares utilizing various methods, including open market purchases, accelerated share repurchases, and privately negotiated transactions. The CEO expressed confidence in the value of the shares and the company's strong performance, solid capital position, and potential market opportunities.
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Fidelis Insurance Holdings Limited (FIHL) appointed Miranda Hunter as Head of Investor Relations. Ms. Hunter brings over 15 years of (re)insurance and financial industry experience, having previously served as the Head of Investor Relations at AXIS Capital Holdings Limited and in leadership positions at Validus Holdings, Ltd. She will be responsible for leading Fidelis Insurance Group’s engagement with the investment community, reporting to CEO Dan Burrows.
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FAQ

What is the current stock price of Fidelis Insurance Holdings (FIHL)?

The current stock price of Fidelis Insurance Holdings (FIHL) is $17.665 as of November 5, 2024.

What is the market cap of Fidelis Insurance Holdings (FIHL)?

The market cap of Fidelis Insurance Holdings (FIHL) is approximately 2.0B.

What sectors does Fidelis Insurance Holdings Ltd operate in?

Fidelis operates in three sectors: Bespoke, Specialty, and Reinsurance.

What does the Bespoke segment cover?

The Bespoke segment covers credit and political risk, transactional liabilities, and tailored insurance solutions.

Which industries are included in the Specialty segment?

The Specialty segment includes property D&F, energy, marine, and aviation lines.

What type of reinsurance does Fidelis provide?

Fidelis provides property reinsurance solutions.

How does Fidelis ensure client needs are met?

Fidelis offers bespoke insurance solutions tailored to unique client requirements.

What recent achievements has Fidelis Insurance Holdings Ltd made?

Fidelis has made strategic partnerships and developments to strengthen its market presence.

Why invest in Fidelis Insurance Holdings Ltd?

Fidelis has a robust financial condition and provides innovative insurance products across various sectors.

How can investors stay informed about Fidelis' performance?

Investors can stay informed through timely news releases on performance metrics and strategic developments.

Does Fidelis provide solutions for political risks?

Yes, political risk insurance is part of their Bespoke segment solutions.

What is unique about Fidelis’ approach to insurance?

Fidelis focuses on innovative, adaptable, and client-specific insurance solutions across diverse sectors.

Fidelis Insurance Holdings Limited

NYSE:FIHL

FIHL Rankings

FIHL Stock Data

2.02B
116.90M
22.32%
67.36%
1.24%
Insurance - Diversified
Financial Services
Link
United States of America
Pembroke