Fidelis flexes to $2.1bn as it spies hard-market opportunities

Despite evidence of some “defensive” capital raises among the carriers who have raised post-Covid-19 equity, Fidelis’ chief risk officer Charles Mathias says the group’s recent $500mn equity raise and separate $300mn debt issue – which completed today – puts it “firmly on the front foot” for the hard market conditions of 2020-21.