Adverse UK ruling in lessor claims could result in $150mn charge: Fidelis
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Adverse UK ruling in lessor claims could result in $150mn charge: Fidelis

The company has settled, or is in the settlement stage, for 80% of the exposure.

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An adverse judgment from UK trials for the lessor policy claims in the Russia-Ukraine litigation could result in a reserve charge of up to $150mn for Fidelis Insurance Group, according to CEO Dan Burrows.

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