<?xml version="1.0" encoding="UTF-8"?><!-- Generated by Broadridge Transform (tm) - http://www.broadridge.com --><!-- Created: Thu Aug 13 20:26:16 UTC 2026 --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:common="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001630691</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>3</amendmentNo>
      <securitiesClassTitle>Common Shares, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001636639</issuerCik>
        <issuerName>Pelagos Insurance Capital Ltd</issuerName>
        <issuerCusips>
          <issuerCusipNumber>G3398L118</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>Wellesley House South</common:street1>
          <common:street2>90 Pitts Bay Road</common:street2>
          <common:city>Pembroke</common:city>
          <common:stateOrCountry>D0</common:stateOrCountry>
          <common:zipCode>HM08</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Pine Brook Road Advisors, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5769921</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5769921</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5769921</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Pine Brook Feal Intermediate, L.P.</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5769921</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5769921</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5769921</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>PBRA (Cayman) Company</reportingPersonName>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5769921</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5769921</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5769921</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>PBRA, LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5769921</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5769921</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5769921</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Howard H. Newman</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5769921</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5769921</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5769921</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>7</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Pelagos Insurance Capital Ltd</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>Wellesley House South, 90 Pitts Bay Road, Pembroke, Bermuda, HM08</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This Statement is filed by each of the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons":

i)	Pine Brook Road Advisors, L.P. ("Advisors");
ii)	Pine Brook Feal Intermediate, L.P. ("PBFI");
iii)	PBRA (Cayman) Company ("PBRA Cayman");
iv)	PBRA, LLC; and
v)	Howard H. Newman ("Mr. Newman").

* The Reporting Persons have entered into a Joint Filing Agreement, dated August 13, 2026, a copy of which is attached as Exhibit 1 to this statement on Schedule 13G, pursuant to which the Reporting Persons agreed to file this statement on Schedule 13G and any amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>The principal business office for each of the Reporting Persons is 346 Pine Brook Road, Bedford, NY 10506.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>i)	Advisors is a Delaware limited partnership;
ii)	PBFI is a Cayman Islands exempted limited partnership;
iii)	PBRA Cayman is a Cayman Islands exempted company;
iv)	PBRA, LLC is a Delaware limited liability company; and
v)	Mr. Newman is a citizen of the United States of America.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>As of June 30, 2026, each of the Reporting Persons may be deemed the beneficial owner of 5,769,921 Common Shares held for the account of PBFI. PBRA Cayman serves as general partner to PBFI. Advisors is a U.S. Securities and Exchange Commission Exempt Reporting Adviser that provides investment advisory services to PBFI. PBRA, LLC serves as general partner of Advisors. Mr. Newman is the managing member of PBRA, LLC. In such capacities, PBRA Cayman, Advisors, PBRA, LLC and Mr. Newman may be deemed to beneficially own the Common Shares held for the account of PBFI.</amountBeneficiallyOwned>
        <classPercent>As of June 30, 2026, each of the Reporting Persons may be deemed the beneficial owner of approximately 7% of the Common Shares outstanding.  (The beneficial ownership percentage calculation is based on 82,728,333 Common Shares outstanding as of June 30, 2026, as reported by the Issuer in Exhibit 99.2 to its Form 6-K filed with the Securities and Exchange Commission on August 12, 2026.)</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>5,769,921</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>5,769,921</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>Exhibit 1: Joint Filing Agreement, dated August 13, 2026</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Pine Brook Road Advisors, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Elan Stukov</signature>
        <title>Elan Stukov, Vice President and Chief Financial Officer</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Pine Brook Feal Intermediate, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Elan Stukov</signature>
        <title>Elan Stukov, Director</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>PBRA (Cayman) Company</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Elan Stukov</signature>
        <title>Elan Stukov, Director</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>PBRA, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Elan Stukov</signature>
        <title>Elan Stukov, Vice President and Chief Financial Officer</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Howard H. Newman</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Howard H. Newman</signature>
        <title>Howard H. Newman</title>
        <date>08/13/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
