Pelagos Insurance Capital emerges as new identity for Fidelis after AGM approval

As approved by shareholders at the Annual General Meeting on April 28, 2026, Fidelis Insurance Holdings Limited has officially changed its name to Pelagos Insurance Capital Limited with immediate effect.

The capital allocator and risk selector in specialty insurance and reinsurance first announced the name change in February when it released full-year 2025 results.

The legal name change is effective immediately, and the company’s New York Stock Exchange ticker is expected to change from “FIHL” to “PLGO” on May 12, 2026.

Dan Burrows, group chief executive of Pelagos Insurance Capital, described the rebrand as a milestone in the company’s evolution, saying it more clearly reflects where the company is today, what it has built, how it creates value and where it is headed.

Burrows continued: “The name Pelagos highlights this unique market position. We create value by connecting capital to risk, expert partners to global opportunity, and people to shared ambitions.

“Like an archipelago whose different parts are connected and stronger, our new name embodies the power of connection.

“While our name has changed, everything else remains the same. The same team and expertise, the same capital strength and underwriting strategy, and the same commitment to clients, brokers and shareholders.

“As Pelagos Insurance Capital, we are building a solid foundation with real momentum. We are excited about what comes next.”

Stay tuned later today for Reinsurance News’ interview with Jonny Strickle, Group Managing Director of Pelagos Insurance Capital, where we discuss the rebrand in more detail during a recent visit to the company’s headquarters in Bermuda.

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