Fidelis takes $51.2mn of Baltimore bridge marine losses in Q1 earnings beat

Published: Thu 9 May 2024

Fidelis Insurance Holdings Limited has reported first quarter operating earnings that beat analyst consensus but were down from Q1 2023, in results that included the total combined ratio worsening 6.7 points to 85.8 percent and the marine line taking a $51.2mn loss for the Baltimore bridge collapse.