Pelagos Insurance Capital (FIHL)
Allocates capital across specialty insurance and property reinsurance through specialist underwriting partners.
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Writes specialty insurance across property, marine, credit, aviation, cyber and other complex risks, while providing global property reinsurance and limited retrocession. Premiums and invested assets fund returns, with much of origination, underwriting administration and claims handling delegated to The Fidelis Partnership.
Underwrites specialty insurance across property, marine, asset-backed finance and portfolio credit, aviation and aerospace, energy, cyber, political risk, violence and terror, plus other niche risks. A separate reinsurance segment provides global property capacity and limited retrocession on proportional and excess-of-loss terms. Operations span Bermuda, the United Kingdom and Ireland, with additional market access through participation at Lloyd's.
Earns primarily from premiums retained after purchasing reinsurance, supplemented by returns on invested assets. Capital moves among insurance and reinsurance opportunities as pricing and loss conditions change, while specialist lines spread exposure across industries and regions. The operating model separates risk-bearing capital from much of underwriting execution: The Fidelis Partnership manages origination, underwriting, administration, outwards reinsurance and claims under long-term delegated-authority agreements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $3.73B · Total debt $843.5M · Total assets $13.71B · Shareholders' equity $2.25B
- Revenue
- $610.5M
- Operating income
- $103.1M
- Net income
- $108.0M
HistoryDividendAnnual yield
| Institutions | ≈ 71.28% | 68.89M ADS | |
|---|---|---|---|
| 162 holders · as of Mar 31, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 16.37% | 15.82M ADS | |
| 14 holders · as of Apr 28, 2026 | |||
| Strategic holders | 17.58% | 16.99M ADS | |
| 2 holders · as of May 6, 2026 | |||
| Adds to | 105.23% | ||
96.65M ADS as of Sep 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Two share counts disagree (96.65M in the company's Sep 22, 2026 report, 106.16M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 105.23%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Crestview, L.L.C.Insider | 14.75% | 14.25M | filed Feb 17, 2026 |
Shelf Holdco II LtdStrategic | 10.71% | 10.35M | filed Jul 10, 2025 |
Crestview Partners Iii GP, L.P.Institution | 10.08% | 9.74M ADS | as of Mar 31, 2026 |
Cooperman Leon GInstitution | 8.26% | 7.98M ADS | as of Mar 31, 2026 |
Pine Brook Road Advisors, L.P.Institution | 7.46% | 7.21M ADS | as of Mar 31, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Pelagos Insurance Capital | $23.06 | −0.82% | $2.45B | 6.2 | 6.0 | 1.0 | +5.7% |
| AXIS Capital | $96.61 | −1.39% | $7.15B | 6.2 | 7.4 | 1.0 | +7.4% |
| Arch Capital Group | $95.19 | −0.62% | $33.46B | 7.5 | 10.1 | 1.7 | −22.3% |
| Everest Group | $371.53 | +0.57% | $14.62B | 7.9 | 6.8 | 0.9 | −10.1% |
| RenaissanceRe | $327.56 | +0.39% | $13.56B | 5.6 | 8.2 | 1.3 | −28.5% |
| Hamilton Insurance Group | $33.84 | −0.09% | $3.38B | 5.9 | 7.7 | 1.1 | +16.7% |
| SiriusPoint | $25.75 | +2.30% | $2.92B | 6.3 | 9.7 | 0.9 | +30.7% |
| Kinsale Capital Group | $353.93 | −1.19% | $8.16B | 14.5 | 16.9 | 4.1 | −3.7% |
| Markel Group | $1,767.34 | −0.41% | $21.99B | 9.8 | 15.4 | 1.3 | +17.6% |
| Median | 6.9 | 8.9 | 1.2 | +1.8% |