Dan Burrows, Group Chief Executive Officer of Fidelis Insurance (FIHL) Group, commented: “In 2024, we executed our underwriting strategy with 23% gross premium growth across our portfolio. We also achieved strong investment income and returned $152 million in capital to common shareholders through dividends and opportunistic share repurchases. As we look ahead, we are well-positioned to drive profitable growth as we capitalize on our market access, the strength of our relationships, and strategic capital management, supported by the strength of our balance sheet. By leveraging our differentiated expertise and taking a proactive approach to risk management, we will continue to effectively navigate market challenges, pursue accretive growth opportunities, and deliver sustainable value for our shareholders.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIHL:
- FIHL Upcoming Earnings Report: What to Expect?
- Fidelis Insurance Declares Quarterly Dividend
- Fidelis Insurance Faces Financial Setbacks and Investor Hesitancy Despite Growth Support
- Fidelis Insurance price target lowered to $22 from $25 at Keefe Bruyette
- Fidelis Insurance price target lowered to $18 from $20 at Barclays
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue