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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Debt securities available-for-sale excluding accrued interest   $ 3,411.6
Other investments, at fair value (amortized cost: $200.0, 2024: $200.1) $ 202.0 201.0
Total investments 3,426.9 3,834.7
Cash and cash equivalents 733.4 743.0
Restricted cash and cash equivalents 194.3 203.6
Accrued investment income 26.3 35.3
Premiums and other receivables (net of allowance for credit losses of $12.3, 2024: $11.8) 3,359.3 2,729.4
Deferred reinsurance premiums 1,723.3 1,422.2
Reinsurance balances recoverable on paid losses (net of allowance for credit losses of $0.2, 2024: $0.2) 296.1 278.4
Reinsurance balances recoverable on reserves for losses and loss adjustment expenses (net of allowance for credit losses of $0.8, 2024: $0.8) 1,491.9 1,255.6
Deferred policy acquisition costs (includes deferred The Fidelis Partnership commissions of $234.9, 2024: $200.2) 1,093.6 877.9
Other assets 198.2 176.9
Total assets 12,771.6 11,765.9
Liabilities    
Reserves for losses and loss adjustment expenses 3,108.4 3,134.3
Unearned premiums 4,375.5 3,651.5
Reinsurance balances payable 1,827.3 1,540.6
Long term debt 449.1 448.9
Preference securities ($0.01 par, redemption price and liquidation preference $10,000) 58.4 58.4
Other liabilities 115.7 98.0
Total liabilities 10,380.2 9,317.5
Commitments and contingencies
Shareholders' equity    
Common shares ($0.01 par, issued and outstanding: 110,335,061, 2024: 111,730,209) 1.1 1.2
Common shares held in treasury, at cost (shares held: 1,438,278, 2024: 6,570,003) (22.1) (105.5)
Additional paid-in capital 1,940.5 2,044.6
Accumulated other comprehensive income 22.0 4.5
Retained earnings 449.9 503.6
Total shareholders' equity 2,391.4 2,448.4
Total liabilities and shareholders' equity 12,771.6 11,765.9
Related Party    
Assets    
Amounts due from The Fidelis Partnership (net of allowance for credit losses of $nil, 2024: $nil) 228.3 208.9
Liabilities    
Amounts due to The Fidelis Partnership 445.8 385.8
Fixed maturity securities, available-for-sale, at fair value (amortized cost: $3,047.3, 2024: $3,403.8 (net of allowance for credit losses of $1.9, 2024: $5.9))    
Assets    
Debt securities available-for-sale excluding accrued interest 3,080.5 3,411.6
Short-term investments, available-for-sale, at fair value (amortized cost: $144.4, 2024: $221.9 (net of allowance for credit losses of $nil, 2024: $nil))    
Assets    
Debt securities available-for-sale excluding accrued interest $ 144.4 $ 222.1