tiprankstipranks
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.

Don't Miss our Black Friday Offers:

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.

Related Articles
TheFlyOmega exits stakes in Devon, Las Vegas Sands, KBR, and Paramount Global
TipRanks Auto-Generated NewsdeskFidelis Insurance Reports Strong Q3 2024 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App