Fidelis Insurance Group to Rebrand as Pelagos Insurance Capital in 2026

Fidelis Insurance Holdings Ltd., the Bermuda-based risk selector in specialty insurance and reinsurance, announced it intends to change its name to Pelagos Insurance Capital Ltd.

It is expected to begin trading under the new ticker symbol (NYSE: PLGO) in May 2026, subject to all necessary regulatory and legal approvals.

“Our new name, Pelagos Insurance Capital, expected to launch in May 2026, captures our brand identity and future direction,” commented Dan Burrows, group chief executive officer, Fidelis Insurance Group.

“It reflects our role as strategic capital allocators, highlights our unique market position, and reinforces our commitment to building lasting partnerships and meaningful connections with an expanded network of underwriting partners,” he added.

“Pelagos comes from the root of the word ‘archipelago,’ a community of islands, each unique yet connected and working together. It reflects how we’re built: a global community of teams, locations and trading partners, each bringing distinct expertise and made stronger by the connections between us.”

Following this brand refresh, the company’s regulatory permissions, operations and the way it conducts business will remain unchanged, as will the arrangements it has with underwriters, brokers, clients and investors. Coverage provided to clients, including policy terms and conditions, will remain unchanged throughout and after the rebranding process.

Throughout 2026, the company’s various businesses and legal entities will also adopt the Pelagos Insurance Capital name, subject to necessary regulatory and legal approvals, including shareholder approval.

Source: Fidelis Insurance Holdings