Fidelis Insurance Sees Strong Growth in Q3 2024
Company Announcements

Fidelis Insurance Sees Strong Growth in Q3 2024

Fidelis Insurance Holdings Ltd. (FIHL) has released an update.

Fidelis Insurance Holdings Ltd. reported a notable 25.2% increase in gross premiums to $741.9 million for the third quarter of 2024, reflecting strong business growth. The company achieved a net income of $100.6 million and continued its commitment to shareholder value by repurchasing $66.8 million in common shares. With a combined ratio of 87.4%, Fidelis demonstrates effective risk management and a focus on capital efficiency.

For further insights into FIHL stock, check out TipRanks’ Stock Analysis page.

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