<?xml version="1.0" encoding="UTF-8"?><!-- Generated by Broadridge Transform (tm) - http://www.broadridge.com --><!-- Created: Tue Aug 11 20:23:26 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>0000898382</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>Common Shares, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>08/04/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001636639</issuerCik>
        <issuerName>Pelagos Insurance Capital Ltd</issuerName>
        <issuerCusips>
          <issuerCusipNumber>G3398L118</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>90 Pitts Bay Road, Wellesley House South</common:street1>
          <common:city>Pembroke</common:city>
          <common:stateOrCountry>D0</common:stateOrCountry>
          <common:zipCode>HM08</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>COOPERMAN LEON G</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>8563582</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>8563582</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>8563582</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>10.0</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Pelagos Insurance Capital Ltd</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>90 Pitts Bay Road, Wellesley House South, Pembroke, Bermuda, HM08.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This statement is filed on behalf of Leon G. Cooperman ("Mr. Cooperman"). Mr. Cooperman is engaged in, among other activities, investing for his own account.

Mr. Cooperman is married to an individual named Toby Cooperman. Mr. Cooperman has an adult son named Michael S. Cooperman and a minor grandchild named Asher Silvin Cooperman.

Mr. Cooperman has investment authority over the Common Shares (as defined below) held by the individual retirement accounts of Toby Cooperman (the "Toby Cooperman IRA") and Michael Cooperman (the "Michael Cooperman IRA") as well as the Common Shares held by an individual retirement account for the benefit of Mr. Cooperman himself (the "Leon Cooperman IRA"). Mr. Cooperman also has investment authority over the Common Shares held by the UTMA account (the "UTMA Account") for Asher Silvin Cooperman.

Mr. Cooperman is the Managing Member of Omega Associates, L.L.C. ("Associates"), a limited liability company organized under the laws of the State of Delaware. Associates is a private investment firm formed to invest in and act as general partner of investment partnerships or similar investment vehicles. Associates is the general partner of a limited partnership organized under the laws of Delaware known as Omega Capital Partners, L.P. ("Capital LP"), a private investment firm comprised of Cooperman family funds engaged in the purchase and sale of securities for investment for its own account.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Mr. Cooperman's principal business office address is St. Andrews Country Club, 7118 Melrose Castle Lane, Boca Raton, FL 33496.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Mr. Cooperman is a United States citizen.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. As of August 4, 2026, Mr. Cooperman may be deemed the beneficial owner of 8,563,582 Common Shares, which consists of (i) 8,424,528 Common Shares held directly by Capital L.P., (ii) 27,461 Common Shares held by the UTMA Account, (iii) 90,000 Common Shares held by the Leon Cooperman IRA, (iv) 12,517 Common Shares held by the Michael Cooperman IRA and (x) 9,076 Common Shares held by the Toby Cooperman IRA, which, collectively, constitute approximately 10.0% of the total number of Common Shares outstanding, calculated based on 85,496,757 Common Shares outstanding as of March 31, 2026, as reported in the Issuer's Form 6-K filed with the Securities and Exchange Commission on May 13, 2026.</amountBeneficiallyOwned>
        <classPercent>10.0%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>8,563,582</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>8,563,582</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</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>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>COOPERMAN LEON G</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Edward Levy</signature>
        <title>Attorney-in-Fact</title>
        <date>08/11/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>Duly authorized under POA effective as of August 10, 2016 and filed on August 12, 2016.</signatureComments>
  </formData>
</edgarSubmission>
