Fidelis Earnings Reports

Fidelis Insurance Group posted a net income of $19.7M in Q2 2025, aided by stable investment income, despite a $89.2M hit from adverse prior year reserve development. Operating EPS stood at $0.12, while gross premiums written rose to $1.22B.

Fidelis Insurance Group posted a $42,500,000 net loss in Q1 2025, primarily due to $333,300,000 in catastrophe and large losses, including impacts from California wildfires. Despite these setbacks, the company achieved strong top-line growth of nearly 14% and saw improvement in investment income.

Fidelis Insurance Group reported a net loss of $122.2 million in the fourth quarter of 2024, a decrease from a net income of $228.3 million in the prior year period. Despite a 21.7% growth in gross premiums written to $953.7 million, the combined ratio significantly worsened to 128.0% from 81.4% in the prior year, primarily due to higher catastrophe and large losses and adverse prior year loss reserve development.