Fidelis Insurance adds $10.6mn to Ukraine reserves
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Fidelis Insurance adds $10.6mn to Ukraine reserves

Rachel Dalton
June 22, 2023
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Fidelis Insurance has increased its provision for losses related to the Ukraine conflict from $135mn to $145.6mn.

Most of the reserving is for losses relating to leased aircraft stranded in Russia, according to a Securities and Exchange Commission filing.

The

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NewsAerospaceMajor lossesFidelis Insurance
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