Fidelis reports improved Q3’24 net income despite higher cat losses

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Reinsurance News - Nov 13, 2024

Fidelis Insurance Group has disclosed a Q3 2024 net income of $100.6 million, up from $87.7 million in the same period of last year, despite catastrophe and large losses increasing to $91.6 million. Fidelis’ underwriting income in Q3 2024 was $80 million and the combined ratio was 87.4%, compa...

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