Pelagos Insurance Capital Limited (NYSE: PLGO), Formerly Fidelis Insurance Holdings Limited (NYSE: FIHL), Prepares to Report Q1 2026 Results
Rebranding Initiative: Fidelis Insurance Holdings Limited has rebranded as Pelagos Insurance Capital Limited. The legal name change became effective on May 11, 2026, and the company’s common shares began trading on the New York Stock Exchange under the new ticker symbol “PLGO” on May 12, 2026.
Upcoming Earnings: Pelagos Insurance Capital is scheduled to release its first-quarter 2026 financial results after market close on May 13, 2026. The company will hold its earnings call on May 14, 2026, at 9:00 a.m. ET.
Analyst Expectations: TradingView data show consensus expectations of EPS of $0.74 and revenue of approximately $903.16 million for the next quarter. Because estimates vary by data provider, these figures should be attributed to the source used.
Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, is an expert capital allocator and risk selector in specialty insurance and reinsurance. The company says its new name reflects its focus on connecting investor capital with insurance risk and specialist underwriting expertise. The rebrand followed shareholder approval at the company’s annual general meeting on April 28, 2026.
Group CEO Dan Burrows said the Pelagos name better reflects the company’s identity and market position, emphasizing its role in linking capital, risk, specialist partners, and global opportunities. The company also noted that its team, capital strength, underwriting strategy, and commitments to clients, brokers, and shareholders remain unchanged.
The company’s first earnings release under the PLGO ticker will cover the quarter ended March 31, 2026. Investors will be watching whether Pelagos can maintain underwriting discipline and capital-allocation performance as reinsurance market conditions become more competitive.
Recent valuation data vary by provider and should be dated clearly. StockAnalysis listed Pelagos with a trailing P/E ratio of 9.67, a P/S ratio of 0.70, and a debt-to-equity ratio of 0.36 on May 13, 2026. The same source showed trailing twelve-month operating cash flow of -$408.3 million, meaning any EV/operating cash flow multiple based on that figure would be negative and should be interpreted cautiously.
