Fidelis shares climb despite larger Q4 losses, unfavorable reserve development
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Fidelis shares climb despite larger Q4 losses, unfavorable reserve development

The (re)insurer’s Q4 CoR rose 15.2 points to 81.4% on satellite failure, D&F losses.

By Hal Stucker
March 01, 2024
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fidelis insurance group logo Nasdaq Times Square.jpg

Shares in specialty (re)insurer Fidelis rose substantially in trading Friday morning, with shares up at around $17.50 by midday from the previous day’s close of $14.95.

The

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