Fidelis reports Q1’25 net loss as LA wildfires hit underwriting performance

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Reinsurance News - May 15, 2025

Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Limited has reported a net loss of $42.5 million and a higher combined ratio of 115.6% for the first quarter of 2025, as catastrophe losses, driven by the California wildfires, dented the underwriting performance, notably within its rein...

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