Pelagos Insurance Capital, formerly Fidelis Insurance Group, is a Bermuda-based specialty insurer and reinsurer that allocates capital across complex risks through underwriting partnerships. It emphasizes selective risk selection rather than broad primary retail insurance, targeting specialty classes where technical underwriting and reinsurance capacity matter. The group positions itself as a capital allocator linking investors with expert underwriting networks in global specialty markets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 655.9 | — | -42.5 | — |
| Q2 2025 | 591.3 | — | 19.7 | — |
| Q3 2025 | 650.2 | — | 130.5 | — |
| Q4 2025 | 274.8 | — | 117.8 | — |
| Q1 2026 | 610.5 | -6.9% | 108 | — |
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