Pelagos Insurance Capital Ltd
Close on Oct 19, 2026
- Market cap
- $2.13B
- P/E (TTM)
- 6.1
- Dividend yield
- 1.99%
About Pelagos Insurance Capital
Fire, Marine & Casualty Insurance, SIC 6331
Fidelis Insurance Group provides specialty insurance and reinsurance solutions across a diversified portfolio. The company operates through two main business segments: Insurance and Reinsurance. Its Insurance segment offers coverage for commercial property, marine exposures, asset-backed finance, energy projects, cyber incidents, aviation, aerospace, and political risk. The Reinsurance segment primarily delivers property catastrophe protection and retrocessional coverage. Fidelis serves diverse commercial and institutional clients worldwide, including corporations, financial institutions, aircraft owners, satellite operators, commodity traders, manufacturers, municipalities, and export credit agencies.
Headquartered in Hamilton, Bermuda, the group maintains operating subsidiaries and offices in Bermuda, Ireland, and the United Kingdom. Its operational structure spans ten lines of business and incorporates participation in the Lloyd's underwriting market. While Fidelis conducts business internationally, its underwriting portfolio features a significant focus on North America alongside business in Europe, Japan, and Australasia. Distribution occurs primarily through global brokerage networks and reinsurance intermediaries rather than proprietary sales branches.
Summary of the business section of Pelagos Insurance Capital's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Pelagos Insurance Capital Ltd
- Founded
- 2014
- Headquarters
- Pembroke, Bermuda
- Address
- Wellesley House South, 4th Floor, 90 Pitts Bay Road HM08
- Phone
- (441) 295-5950
- Website
- fidelisinsurance.com
- Employees
- 108, Dec 31, 2025
- Industry
- Fire, Marine & Casualty Insurance
- Incorporated in
- D0
- Fiscal year ends
- December 31
- Auditor
- KPMG Audit Limited, Hamilton, Bermuda
Stock & identifiers
- Ticker
- PLGO
- Exchange
- NYSE
- IPO date
- Jun 30, 2023
- Shares outstanding
- 97M, Dec 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1636639
- CUSIP
- G3398L118
- ISIN
- USG3398L1183
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel David Burrows | Chief Executive Officer, Director | 715,523 |
| Allan Carl Decleir | Chief Financial Officer, Director | 191,919 |
| Jonathan Strickle | Group Managing Director | 137,305 |
| Michael Justin Pearson | Chief Risk Officer | 171,461 |
| Nicole Ka'ulu'okala Kapu-Leyland | Group General Counsel | 78,853 |
| Jason Allen Kittinger | Chief Operating Officer | 68,409 |
| Michael Elliot Davern | Director | 5,369 |
| Christine Elaine Dandridge | Director | 19,618 |
| Matthew J. Adams | Director | 22,548 |
| Charles Grant Ross Collis | Director | 11,948 |
| Helena Morrissey | Director | 7,820 |
| Cathleen Ann Iberg | Director | 26,026 |
| Daniel A. Brand | Director | – |
| Walter Dana LaForge | Director | – |
| Daniel G. Kilpatrick | Director | 9,807 |
| Charles Benedict Mathias | Director | 101,911 |
Employees
Headcount reported in annual reports
“At December 31, 2025, we employed 108 persons, of which 25 were in Bermuda, 66 were in the United Kingdom and 17 were in Ireland.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 7, 2026 | Name change | Name changed from Fidelis Insurance Holdings Ltd to Pelagos Insurance Capital Ltd |
| Jun 30, 2023 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 28, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |