Pelagos Insurance Capital LtdPLGO

NYSEFinanceFire, Marine & Casualty Insurance
Price (close)
$24.00
Market cap
$2.0B
P/E
8.8x
Revenue (FY)
$2.5B
Net income
$225.5M
Dividend yield
1.88%
1-year total return
40.9%
Net margin
9.0%
Revenue growth
3.3%
Debt / equity
0.35x

What Pelagos Insurance Capital Ltd does.

Fidelis Insurance Group is a strategic capital allocator and risk selector in specialty insurance and reinsurance, focused on identifying the most compelling opportunities in the market to allocate capital and the best-in-class partners to execute the Group’s underwriting strategy in those areas. We are led by our Group Chief Executive Officer, Daniel Burrows, who has more than 35 years of experience in the insurance industry, and is supported by a highly experienced management team.

Our business comprises two segments: Insurance and Reinsurance, with a diversified portfolio spanning 10 lines of business. This breadth allows us to provide solutions for customers across a broad range of industries, manage different types of risk, and operate effectively across geographic regions. Our disciplined underwriting and active capital management enable us to respond dynamically

to market cycles and pursue opportunities that we believe offer an attractive balance of risk and return. This strategic flexibility supports sustainable and profitable growth, and underpins our ability to create long term value for both clients and shareholders.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue—$1.2B$1.5B$3.6B$2.4B$2.5B
Net income—$68.3M$52.6M$2.1B$113.3M$225.5M
Free cash flow—$338.7M$722.6M$488.8M$613.6M-$409.5M

More on PLGO.

Figures from Pelagos Insurance Capital Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.