Fidelis Insurance Group’s Q1 2025 combined ratio spiked 29.8 points year on year to 115.6%, as California wildfire losses contributed to tripling cat losses during the quarter.
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Fidelis Insurance Q1 CoR jumps 29.8 points to 115.6% driven by wildfire losses
The Bermudian's first quarter cat losses totalled $333.3mn, compared to $103mn a year ago.