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Stock impact report

The Fidelis Partnership Spearheads New Lloyd’s Syndicate

Fidelis Insurance Holdings Limited (FIHL) 
Company Research Source: Business Wire
Fidelis Insurance Group, Hampden Agencies and Asta to participate in new vehicle PEMBROKE, Bermuda--(BUSINESS WIRE)--The Fidelis Partnership today announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group”), a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd’s. The sponsorship of Syndicate 3123 by The Fidelis Partnership marks the return of its Founder and Chief Executive Officer, Richard Brindle, to the Lloyd’s market after 26 years.Subject to the completion of final approval, the launch of Syndicate 3123 will represent a significant milestone in The Fidelis Partnership’s strategic expansion, and reflects its continued alignment and strong collaborative relationship with the Fidelis Insurance Group. With an initial target to write $180 million of Gross Written Premium (GWP) in H2 of 2024 and $450 million in Show less Read more
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