Fidelis Insurance Holdings

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has now raised over $1 billion of capital in the last six months, with the latest being a $300 million senior note debt offering that qualifies as Tier 3 capital.

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has revealed its second equity capital raise of this year, adding a further $500 million to take the re/insurers capitalisation to $2 billion.

The impacts faced by insurance and reinsurance markets from the ongoing Covid-19 pandemic has some parallels with the 2001 World Trade Center bombing, with challenges expected to be faced and the possibility of adverse reserve development further down the line, executives at Fidelis have said.

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has announced a new raise of fresh capital to help it expand its business, with an equity growth round that featured the Abu Dhabi Investment Authority alongside existing shareholders.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, has announced a new senior hire as it continues to build its expertise in outwards reinsurance and especially quota shares.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, is continuing to build-out its London treaty reinsurance operations with the hiring of Matthew Bellamy from Acapella.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, has branded its third-party reinsurance capital activities as Socium, a name taken from its sidecar vehicle, and made Philip Vandoninck its CEO.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, has announced a restructure into four key pillars, one of which is Partnerships and will focus on the firms catastrophe quota shares, MGA and third-party vehicles.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, has announced the hiring of Jonathan Creagh-Coen as Head of Strategic Relationships.

Fidelis Insurance Holdings Limited, the dual underwriting and investment-oriented insurance and reinsurance firm launched by Richard Brindle, has launched its first collateralised reinsurance sidecar, with Socium Re Ltd. capitalised with $50 million to begin and destined to become a growing source of quota share for the firm.