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Stock impact report

Fidelis Insurance Group to Become Pelagos Insurance Capital in 2026

Fidelis Insurance Holdings Limited (FIHL) 
Company Research Source: Business Wire
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, today announced that it intends to change its name to Pelagos Insurance Capital Limited (“Pelagos Insurance Capital”) and is expected to begin trading under the new ticker symbol (NYSE: PLGO) in May 2026, subject to all necessary regulatory and legal approvals.Dan Burrows, Group Chief Executive Officer, Fidelis Insurance Group, said: “Our new name, Pelagos Insurance Capital, expected to launch in May 2026, captures our brand identity and future direction. It reflects our role as strategic capital allocators, highlights our unique market position, and reinforces our commitment to building lasting partnerships and meaningful connections with an expanded network of underwriting partners.“Pelagos comes from the root of the word 'archipelago,' a community of islands, each Show less Read more
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