XML 27 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Assets    
Other investments, at fair value $ 397.4 $ 201.0
Total investments 3,295.8 3,834.7
Cash and cash equivalents 892.5 743.0
Restricted cash and cash equivalents 196.5 203.6
Accrued investment income 23.9 35.3
Premiums and other receivables (net of allowance for credit losses of $16.3, 2024: $11.8) 3,288.8 2,729.4
Deferred reinsurance premiums 1,660.7 1,422.2
Reinsurance balances recoverable on paid losses (net of allowance for credit losses of $0.2, 2024: $0.2) 380.1 278.4
Reinsurance balances recoverable on reserves for losses and loss adjustment expenses (net of allowance for credit losses of $0.8, 2024: $0.8) 1,131.8 1,255.6
Deferred policy acquisition costs (includes The Fidelis Partnership deferred commissions of $245.4, 2024: $200.2) 1,064.4 877.9
Other assets 175.4 176.9
Total assets 12,490.6 11,765.9
Liabilities    
Reserves for losses and loss adjustment expenses 2,321.4 3,134.3
Unearned premiums 4,377.9 3,651.5
Reinsurance balances payable 1,856.6 1,540.6
Long term debt 842.9 448.9
Preference securities ($0.01 par, redemption price and liquidation preference $10,000) 0.0 58.4
Other liabilities 131.6 98.0
Total liabilities 10,074.5 9,317.5
Commitments and contingencies
Shareholders' equity    
Common shares ($0.01 par, issued and outstanding: 103,026,764, 2024: 111,730,209) 1.0 1.2
Common shares held in treasury, at cost (shares held: nil, 2024: 6,570,003) 0.0 (105.5)
Additional paid-in capital 1,801.7 2,044.6
Accumulated other comprehensive income 40.1 4.5
Retained earnings 573.3 503.6
Total shareholders' equity 2,416.1 2,448.4
Total liabilities and shareholders' equity 12,490.6 11,765.9
Related Party    
Assets    
Amounts due from The Fidelis Partnership (net of allowance for credit losses of $nil, 2024: $nil) 380.7 208.9
Liabilities    
Amounts due to The Fidelis Partnership 544.1 385.8
Fixed Maturities    
Assets    
Debt securities available-for-sale excluding accrued interest 2,710.5 3,411.6
Short-term investments    
Assets    
Debt securities available-for-sale excluding accrued interest $ 187.9 $ 222.1