PLGO NEWS
seekingalpha.com
11h ago
Pelagos Insurance: Buybacks Support Further Upside
Pelagos Insurance Capital has rallied 40% in the past year, driven by strong underwriting and capital returns, and now trades at my $23 price target. Q1 results were robust, with EPS of $0.94, a 15% increase in net written premiums, and an 86.6% combined ratio, reflecting normalized catastrophe losses. Reinsurance pricing weakness is a margin headwind, but lower reinsurance rates benefit PLGO's insurance unit, which comprises 80% of business.
seekingalpha.com
May 14
Pelagos Insurance Capital Limited (PLGO) Q1 2026 Earnings Call Transcript
Pelagos Insurance Capital Limited (PLGO) Q1 2026 Earnings Call Transcript
zacks.com
May 13
Fidelis Insurance Holdings (PLGO) Q1 Earnings and Revenues Top Estimates
Fidelis Insurance Holdings (PLGO) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to a loss of $0.41 per share a year ago.
businesswire.com
May 13
Pelagos Insurance Capital Reports Strong First Quarter 2026
PEMBROKE, Bermuda--(BUSINESS WIRE)--Pelagos Insurance Capital Limited, formerly known as Fidelis Insurance Holdings Limited (“Pelagos” or “PLGO” or the “Company”) (NYSE: PLGO) announced today its financial results for the first quarter ended March 31, 2026. Dan Burrows, Group Chief Executive Officer of Pelagos Insurance Capital, commented: “As our first quarter results demonstrate, our unique capital allocator model and expanding network of underwriting partners are driving profitable growth.