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Fidelis Insurance Posts Strong Q1 Growth

Fidelis Insurance Posts Strong Q1 Growth

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

Fidelis Insurance Holdings Ltd. has experienced a robust start to 2024, with a 21.6% increase in gross premiums written compared to the same period last year, reaching $1.514 billion. The company also reported a strong combined ratio of 85.8% and a significant rise in net income to $81.2 million, or $0.69 per diluted common share. These results reflect Fidelis’s strategic market positioning and its commitment to delivering shareholder value through disciplined investment and capital management.

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

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Questions or Comments about the article? Write to editor@tipranks.com
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