Fidelis delivers 21% ROE, calls out market undervaluation

Fidelis Insurance Holdings, a Bermuda-based specialty re/insurer, may be reporting its “best-ever” quarterly combined ratio since going public, but its executives say the market still hasn’t priced in the company’s outperformance. Speaking in an investor call, Thursday November 13, after delivering a 79% combined ratio and a 21.4% return on equity, the team struck a confident tone tempered by frustration at being valued below peers.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Reinsurance

Everest snags Axis Re president to drive North America treaty re

26 March 2026 Former Swiss Re veteran to lead business across the US, Bermuda and Canada.

Reinsurance

Bermuda’s long-term re/insurers prove crisis-ready with $1.5 trillion war chest

26 March 2026 New BILTIR data shows robust solvency, deep liquidity and surging Asian growth as Bermuda cements its status as a global hub for life and annuity risk.

Reinsurance

A shifting approach to talent management

26 March 2026 Survey reveals Bermuda's re/insurance sector is changing its approach to talent, and next gen priorities may cause a strategy steer.