Fidelis Insurance Group is embarking on a major expansion of its capital management initiatives, following strong returns for the first half of 2025.

The company’s board of directors has renewed its share repurchase programme, bringing the total current authorisation to $200 million. At the same time, Fidelis has increased its quarterly dividend to $0.15 per share, payable on September 26, 2025, to shareholders of record as of September 16.

So far in 2025, the Bermudian-headquarted Fidelis has returned $132.8 million to shareholders, which includes repurchasing 6.9 million shares worth $110.8 million, and $22 million in dividend payments. Among these, $50 million worth of shares were repurchased in a private transaction with CVC Falcon Holdings Ltd, a longtime shareholder.

Dan Burrows, chief executive, said the company’s strong capital position allows it to keep investing in underwriting opportunities while returning value to shareholders. He added: “We firmly believe that our current stock price does not reflect the true value of our company.”