Business
Fidelis Insurance Group Reports 2025 Second Quarter Results
PEMBROKE, Bermuda, August 13, 2025--Fidelis Insurance Holdings Limited ("Fidelis" or "FIHL" or "the Group") (NYSE: FIHL) announced today its financial results for the second quarter ended June 30, 2025.
About this update from Pelagos Insurance Capital Limited
[{"type":"text","content":"Second Quarter 2025 Highlights:","length":31,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Gross premiums written ("GPW") of $1.2 billion","length":56,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Combined ratio of 103.7%, including net adverse development as a result of the recent English High Court judgment, in respect of the Russia-Ukraine aviation litigation","length":167,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Annualized operating return on average common equity ("Annualized Operating ROAE") of 2.3%","length":100,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $19.7 million, or $0.18 per diluted common share, and operating net income of $13.6 million, or $0.12 per diluted common share","length":140,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total capital returned to common shareholders in the quarter of $99.6 million, including common share repurchases of $88.7 million and dividends of $10.9 million","length":161,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":624,"olType":false},{"type":"text","content":"Half Year 2025 Highlights:","length":26,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Gross premiums written of $2.9 billion; growth of 8.7% from first half of 2024","length":78,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Combined ratio of 110.1%, including net adverse development as a result of the English High Court judgment as well as the impact of the California wildfires","length":156,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Annualized Operating ROAE of (2.6)%","length":35,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss of $22.8 million, or $(0.21) per diluted common share, and operating net loss of $31.6 million, or $(0.29) per diluted common share","length":140,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Book value per diluted common share was $22.04 at June 30, 2025, an increase of 1.1% from December 31, 2024, of $21.79","length":118,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Total capital returned to common shareholders was $132.8 million, including common share repurchases of $110.8 million and dividends of $22.0 mi...