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