Pelagos Insurance Capital Ltd

Annual Trend FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $1.2b $712.4m $743.0m $873.0m
Restricted cash and cash equivalents $185.9m $251.7m $203.6m $374.6m
Premiums and other receivables (net of allowance for credit losses of $15.8, 2024: $11.8) $1.9b $2.2b $2.7b $3.3b
Other assets $131.0m $173.5m $176.9m $272.7m
Other investments, at fair value $117.1m $47.5m $201.0m $485.7m
Amounts due from The Fidelis Partnership (net of allowance for credit losses of $nil, 2024: $nil) $0 $173.3m $208.9m $174.8m
Deferred reinsurance premiums $823.7m $1.1b $1.4b $1.4b
Reinsurance balances recoverable on paid losses (net of allowance for credit losses of $0.3, 2024: $0.2) $159.4m $182.7m $278.4m $438.7m
Reinsurance balances recoverable on reserves for losses and loss adjustment expenses (net of allowance for credit losses of $0.9, 2024: $0.8) $976.1m $1.1b $1.3b $1.2b
Deferred policy acquisition costs (includes The Fidelis Partnership deferred commissions of $243.4, 2024: $200.2) $515.8m $786.6m $877.9m $1.1b
Reserves for losses and loss adjustment expenses $2.0b $2.4b $3.1b $2.6b
Unearned premiums $2.6b $3.1b $3.7b $4.4b
Reinsurance balances payable $1.1b $1.1b $1.5b $1.7b
Amounts due to The Fidelis Partnership $0 $334.5m $385.8m $457.7m
Preference securities $58.4m $58.4m $58.4m $0
Other liabilities $98.7m $67.3m $98.0m $91.8m
Common shares ($0.01 par, issued and outstanding: 96,651,534, 2024: 111,730,209) 1.9m 1.2m 1.2m 1.0m
Common shares held in treasury, at cost (shares held: nil, 2024: 6,570,003) $0 ($105.5m) $0
Total investments $2.4b $3.3b $3.8b $3.2b
Total shareholders' equity $2.0b $2.4b $2.4b $2.4b
Total assets $8.3b $10.0b $11.8b $12.4b
Debt securities available-for-sale excluding accrued interest $2.3b $3.3b $3.6b $2.8b
Accrued investment income $10.9m $27.2m $35.3m $28.3m
Long term debt $447.5m $448.2m $448.9m $843.2m
Total liabilities $6.3b $7.6b $9.3b $10.0b
Additional paid-in capital $2.1b $2.0b $2.0b $1.7b
Accumulated other comprehensive income ($100.8m) ($27.0m) $4.5m $37.1m
Retained earnings $500k $436.6m $503.6m $675.9m
Total liabilities and shareholders' equity $8.3b $10.0b $11.8b $12.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.