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Fidelis Launches New Lloyd’s Syndicate 3123
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Fidelis Launches New Lloyd’s Syndicate 3123

Fidelis Insurance Holdings Ltd. (FIHL) has released an update.

The Fidelis Partnership, along with Fidelis Insurance Holdings Limited and Hampden Agencies, announced the formation of Syndicate 3123 at Lloyd’s, with Richard Brindle returning to the market. Syndicate 3123 aims to write $180 million in premiums in H2 2024 and targets diverse insurance classes such as property catastrophe and aviation. This strategic move is set to leverage Lloyd’s global licenses and strong financial ratings, boosting innovation and underwriting excellence in the specialty insurance sector.

For further insights into FIHL stock, check out TipRanks’ Stock Analysis page.

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