Fidelis reports GPW growth but large losses dent Q1’24 underwriting income

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Reinsurance News - May 10, 2024

Fidelis Insurance Holdings Limited, a Bermuda-domiciled re/insurer, has reported underwriting income of $69.2 million, with a combined ratio of 85.8% for Q1 2024, compared to $80.6 million and 79.1%, respectively, for Q1 2023, as the firm’s gross premiums written (GPW) for the quarter increased 21.6...

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