Fidelis Partnership Syndicate Begins Underwriting at Lloyd's with $180M Target, Eyes $450M in 2025 Premiums
Portfolio Pulse from Benzinga Newsdesk
The Fidelis Partnership Syndicate, in collaboration with Fidelis Insurance Holdings Limited (NYSE:FIHL) and Hampden Agencies, has begun underwriting at Lloyd's with a target of $180M in premiums for H2 2024 and $450M in 2025.
July 01, 2024 | 8:06 am
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Fidelis Insurance Holdings Limited (NYSE:FIHL) has begun underwriting at Lloyd's through the Fidelis Partnership Syndicate, targeting $180M in premiums for H2 2024 and $450M in 2025.
The initiation of underwriting at Lloyd's by the Fidelis Partnership Syndicate, backed by Fidelis Insurance Holdings, is a significant development. The ambitious premium targets indicate potential revenue growth, which is likely to positively impact FIHL's stock price in the short term.
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