About Pelagos Insurance Capital

Who We Are

Pelagos Insurance Capital creates value through strategic capital allocation and expert risk selection, working with a network of underwriting partnerships to deploy capital into high-quality opportunities where we see attractive risk-adjusted returns.

Our Approach

Strategic Operating Model

We take a disciplined and selective approach to allocating capital, collaborating with best-in-class underwriting partners and building a diversified portfolio designed to deliver resilient performance through the cycle.

1

Capital Allocation

We are expert capital allocators, deploying the right capital to the right risks. We focus on the most compelling opportunities, connecting capital with high-quality underwriting partners to build a resilient, high-performing portfolio.

2

Underwriting Partnerships


We build long-term relationships with best-in-class underwriting partners, creating a differentiated, diversified portfolio. By taking lead positions, we shape structure, pricing, and terms to drive profitable growth through the cycle.

3

Outwards Reinsurance

We use outwards reinsurance to enhance our risk profile, improve margins, and increase capital efficiency, optimising portfolio performance through disciplined execution and strong relationships.

4

Connected Culture

We bring together a connected community of expertise, uniting teams who share our commitment to excellence. Built on trust, accountability, and shared standards, we support disciplined decisions and long-term performance.

How We Operate

Underwriting Approach

Our disciplined approach to risk selection and capital allocation.

Our network of underwriting partners provides reliable access to a high-quality and diversified portfolio of risks. We set the overall underwriting strategy and seek underwriting partners who bring a demonstrated track record in attractive lines of business. We focus on allocating capital to best-in-class underwriters within lines of business where we see the most compelling risk-reward dynamics.

The Fidelis Partnership

We have a rolling 10-year agreement, along with an exclusive right of first refusal for all business written by The Fidelis Partnership (TFP)*. This arrangement provides us with consistent, first access to a well-established portfolio of leading specialty business and ensures long-term continuity.

*The Fidelis Partnership is separately owned and managed from Pelagos Insurance Capital. For more information please see our Annual Report filed with the SEC on Form 20-F

Growing Network of Underwriting Partners

We deploy strategic capital to support best-in-class underwriting through aligned partnerships across reinsurance and specialty lines. Our network of underwriting partners with access to accretive, specialist risks continues to grow as we identify opportunities in attractive market segments.

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Our Products

We have an established and well-positioned specialty insurance and reinsurance portfolio with over 100 products across our major lines of business, serving clients worldwide with tailored risk solutions.

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Business building
Archipelago

Heritage

Our Brand Story

Our name comes from the Greek root of archipelago, a community of islands, each unique yet closely connected and working together.

Pelagos Insurance Capital is a global community of teams, locations, and trading partners, each bringing distinct expertise and made stronger by the connections between us. The value we create comes from how we link capital to risk, specialist partners to global opportunity, and people to a shared ambition.

Pelagos Insurance Capital makes the connections that matter in specialty risk.

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What Drives Us

Our Mission & Values

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Our Mission

Strategic Capital Allocation

We seek to unlock the most compelling opportunities across the specialty insurance and reinsurance market by bringing together capital, expertise, and partnerships to deliver stronger outcomes and enduring value for our investors, clients, and partners.

Our Values

Guiding Principles

We begin with capital, but our strength comes from how we use it. As a connected community of expertise, we combine disciplined decision-making, long-term relationships, and shared ambition to achieve more together than we could alone.

Stability & Trust

Financial Strength

Our strong ratings from leading agencies reflect our financial stability, disciplined underwriting, and commitment to meeting our obligations to policyholders.

A AM Best
A- S&P Global
A3 Moody's