Effective today, Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital Limited, following shareholder approval at its Annual General Meeting held on April 28, 2026.
The capital allocator and risk selector in specialty insurance and reinsurance first signalled the name change in February, alongside its full-year 2025 results.
The legal name change takes effect immediately, with the firm’s NYSE ticker expected to switch from “FIHL” to “PLGO” on May 12, 2026.
Pelagos Insurance Capital’s group chief executive, Dan Burrows, described the rebrand as a milestone in the firm’s evolution, saying it provides a clearer reflection of the business today, what it has built, how it creates value, and the direction it is heading.
Burrows continued, “The name Pelagos underscores this unique position in the market. We create value by linking capital to risk, specialist partners to global opportunity, and people to a shared ambition.
“Like an archipelago with distinct parts that are closely linked and stronger together, our new name speaks to the power of connection.
“While our name is changing, everything else is staying the same. The same team and expertise, the same capital strength and underwriting strategy, and the same commitments to our clients, brokers, and shareholders.
“As Pelagos Insurance Capital, we’re building on a strong foundation with real momentum. We’re excited about what comes next.”
Stay tuned to Reinsurance News for an interview later today with Jonny Strickle, Group Managing Director at Pelagos Insurance Capital, where, during a recent visit to the firm’s headquarters in Bermuda, we discussed the rebrand in more detail.
