Pelagos Insurance Capital

PLGO

Market cap $2.04B

Pelagos Insurance Capital Limited (PLGO) Q2 2026 Earnings Call Transcript

Pelagos Insurance experienced a 9% share price drop after Q2 earnings missed expectations due to one-time Middle East catastrophe losses. PLGO's underwriting remains resilient, with a combined ratio of 99.5% despite $162 million in large losses, and strong prior-year reserve development signals conservative risk management. The reinsurance segment delivered robust growth and profitability, while the investment portfolio remains high quality with a 4.9% yield and low credit risk.

Pelagos Insurance Capital (PLGO) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.12 per share a year ago.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Pelagos Insurance Capital Limited, formerly known as Fidelis Insurance Holdings Limited (“Pelagos” or “PLGO” or the “Company”) (NYSE: PLGO) announced today its financial results for the second quarter ended June 30, 2026.   Dan Burrows, Group Chief Executive Officer of Pelagos Insurance Capital, commented: “Our first-half performance reflects the continued success of our capital allocator model and our underwriting discipline. Year-to-date, we grew gross prem.

Pelagos Insurance (PLGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Pelagos Insurance Capital Limited (formerly known as Fidelis Insurance Holdings Limited) (NYSE:PLGO) (“Pelagos Insurance Capital” or the “Company”), an expert capital allocator and risk selector in specialty insurance and reinsurance, announced today that its Board of Directors has approved and declared a dividend of $0.15 per share, payable on September 25, 2026, to common shareholders of record on September 14, 2026. About Pelagos Insurance Capital Pelagos.

PLGO, BLDP and GNK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 23, 2026.

PLGO, BLPD, INN, RFIL and MBOT have been added to the Zacks Rank #1 (Strong Buy) List on July 23, 2026.

PLGO, APLE and SCHW made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 23, 2026.

PLGO, INN and RFIL made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2026.