Pelagos Insurance Capital provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in two segments: Insurance and Reinsurance.
The Insurance segment offers property, marine, asset backed finance and portfolio credit, aviation and aerospace, political risk, violence and terror, energy, cyber, and insurance risks products. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. Incorporated in 2014 and headquartered in Pembroke, Bermuda, Pelagos Insurance Capital was formerly known as Fidelis Insurance Holdings Limited before rebranding in May 2026.
What does Pelagos Insurance Capital Limit (PLGO) do?
Pelagos Insurance Capital Limit, formerly known as Fidelis Insurance Holdings Limited, is a Bermuda-based insurance and reinsurance company. It operates through two segments: Insurance and Reinsurance. The Insurance segment provides a wide range of products including property, marine, asset backed finance and portfolio credit, aviation and aerospace, political risk, violence and terror, energy, cyber, and insurance risks. The Reinsurance segment offers property, retrocession, and whole account reinsurance solutions. The company serves clients in Bermuda, the Republic of Ireland, and the United Kingdom. It was incorporated in 2014 and rebranded to its current name in May 2026.
Where is Pelagos Insurance Capital (PLGO) listed and what currency does it trade in?
Pelagos Insurance Capital Limit is listed on the New York Stock Exchange (NYSE) under the ticker symbol PLGO. Its shares are traded in US Dollars (USD), as the company reports its financials and trades in that currency. The company is headquartered in Pembroke, Bermuda, and its primary listing is on a major US exchange, providing liquidity and accessibility to global investors.
What sector and industry does Pelagos Insurance Capital (PLGO) belong to?
Pelagos Insurance Capital Limit operates in the Financial Services sector, specifically within the Insurance - Diversified industry. This classification reflects the company's broad range of insurance and reinsurance offerings across multiple lines, including property, marine, credit, aviation, political risk, energy, and cyber. As a diversified insurer, it underwrites both insurance and reinsurance risks, serving clients in Bermuda, Ireland, and the UK.
Where is Pelagos Insurance Capital (PLGO) headquartered and what markets does it serve?
Pelagos Insurance Capital Limit is headquartered in Pembroke, Bermuda, and was incorporated in 2014. The company provides insurance and reinsurance solutions primarily in Bermuda, the Republic of Ireland, and the United Kingdom. Its geographic focus includes these three key markets, where it offers a wide array of products through its Insurance and Reinsurance segments. The company's presence in Bermuda, a major insurance hub, along with operations in Ireland and the UK, allows it to serve clients across multiple regions.
How does Pelagos Insurance Capital (PLGO) make money?
Pelagos Insurance Capital Limit generates revenue through two main segments: Insurance and Reinsurance. The Insurance segment earns premiums by underwriting property, marine, asset backed finance and portfolio credit, aviation and aerospace, political risk, violence and terror, energy, cyber, and other insurance risks. The Reinsurance segment earns premiums by providing property, retrocession, and whole account reinsurance solutions to other insurers. The company's business model involves collecting premiums upfront and investing those funds, while paying claims when they arise. Profitability depends on effective risk assessment, pricing, and claims management across its diversified portfolio.