The Fidelis Partnership, the Bermuda-based managing general underwriter, announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Ltd. and Hampden Agencies, the largest provider of private capital to Lloyd’s. …
Fidelis Insurance Holdings Ltd. (FIHL) announced the completion of the transaction creating a new managing general underwriter (Fidelis MGU), separate from FIHL and the existing insurance companies (the Fidelis Insurance Group). Originally announced in July 2022, the transaction became effective …
Fidelis Insurance Holdings Ltd. announced it has received regulatory approval to create a new managing general underwriter (Fidelis MGU), which is separate from the existing balance sheet insurance companies – known as the Fidelis Insurance Group. Originally announced and agreed …
Fidelis Insurance Holdings Ltd. announced its intention to create a new managing general underwriter, which, subject to regulatory approval, will be separated from its existing balance sheet insurance companies. This new structure will allow each entity (Fidelis MGU and Fidelis …
Fidelis Insurance Holdings Ltd. announced it has raised in the fourth quarter of 2020 an additional $60 million of equity capital from existing and new investor relationships, including Alfa Insurance and affiliated companies with which Fidelis has a long-standing relationship. …
Fidelis Insurance Holdings Ltd. announced it has issued $300 million of senior notes, which comes on the heels of last week’s equity funding of $500 million and the $300 million raised by the re/insurer in February. The offering of the …
Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships. On top of the $300 million raised by the company in February, Fidelis has now secured $800 million of additional equity during 2020. …
Fidelis Insurance Holdings Ltd. announced it has raised approximately $300 million of equity capital from a combination of its existing shareholders and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), in order to support further growth. Fidelis, …
Bermuda-based Fidelis Insurance Holdings Ltd. announced it is restructuring of its business across four pillars: Bespoke, Reinsurance, Partnerships and Specialty. Richard Brindle, chairman and group CEO, will reassume the additional role of group chief underwriting officer, leading the underwriting across …
Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as cyber, nuclear and personal …
