Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. The Bespoke segment offers customized risk solutions for clients that include credit and political risk, as well as other risk transfer opportunities, including political violence and terrorism, limited cyber reinsurance, tax liabilities, title, transactional liabilities, and other bespoke solutions. Fidelis Insurance Holdings Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.
Strategic Shift | Explore FIHL's transition from reinsurance to primary insurance, now accounting for 83% of Gross Premium Written, reflecting market adaptability |
Financial Dynamics | Delve into FIHL's mixed Q2 2024 performance, with strong top-line growth offsetting earnings challenges and catastrophe losses |
Market Positioning | Learn how FIHL leverages its specialty insurance focus and experienced leadership to navigate favorable hard market conditions |
Valuation Insights | Analyst price targets range from $19 to $24, with JMP Securities setting a $24 target based on forward book value and earnings estimates |
Metrics to compare | FIHL | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFIHLPeersSector | |
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P/E Ratio | 4.8x | 6.5x | 8.8x | |
PEG Ratio | −0.07 | 0.08 | 0.03 | |
Price/Book | 0.8x | 1.4x | 1.0x | |
Price / LTM Sales | 1.0x | 1.2x | 2.8x | |
Upside (Analyst Target) | 6.4% | 0.0% | 10.3% | |
Fair Value Upside | Unlock | 27.3% | 2.3% | Unlock |