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Why Fidelis Insurance Stock Blasted 13% Higher on Friday
The Motley Fool· 2024-03-01 23:44
The broader finance sector has had its ups and downs recently, to put the situation mildly. One of the brighter spots was the quarterly earnings report dropped late Thursday by Fidelis Insurance Group (FIHL 13.04%). Thanks to solid beats on both the top and bottom lines, investors flocked to the shares the following day, sending their price 13% higher. And that was on a good day for the wider stock market, with the S&P 500 index rising by nearly 1%.Fourth-quarter revenue and premiums rose at double-digit ra ...
Fidelis Insurance (FIHL) - 2023 Q4 - Earnings Call Transcript
2024-03-01 20:04
Fidelis Insurance Holdings Limited (NYSE:FIHL) Q4 2023 Earnings Conference Call March 1, 2024 9:00 AM ET Company Participants Miranda Hunter - Head, Investor Relations Dan Burrows - Chief Executive Officer Allan Decleir - Chief Financial Officer Conference Call Participants Meyer Shields - KBW Matt Carletti - JMP Andrew Andersen - Jefferies Lee Cooperman - Omega Family Office Pablo Singzon - JPMorgan Mike Ward - Citi Operator Good morning, ladies and gentlemen, and welcome to the Fidelis Insurance Holdings ...
Fidelis Insurance Group Reports 2023 Fourth Quarter Results
Businesswire· 2024-02-29 21:17
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (“Fidelis” or “FIHL” or “the Group”) (NYSE: FIHL) announced today its financial results for the fourth quarter ended December 31, 2023.   Dan Burrows, Group Chief Executive Officer, said “ The fourth quarter was a strong finish to a milestone year for Fidelis in which we became a public company and strengthened our position as a global specialty insurer. Utilizing our nimble yet disciplined approach, we capitalized on attractive o ...
Fidelis Insurance Group Sponsors New Herbie Re Ltd. Catastrophe Bond
Businesswire· 2024-02-22 21:18
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”) announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the issuance of the Series 2024-1 Class A Principal at Risk Variable Rate Notes and the Series 2024-1 Class B Principal at Risk Variable Rate Notes (together, the “Series 2024-1 Notes”) by its Herbie Re Ltd. program (“Herbie Re”). This is the fifth series of notes ...