Fidelis closes up 13% as Burrows hails “best market environment” in 20 years

Investors responded to Fidelis’ Q4 earnings beat by sending its share price up 13 percent on Friday, as CEO Dan Burrows noted a strong opportunity to “accelerate growth” in its specialty segment and revealed the company wrote 20 percent more reinsurance business at 1.1 than the previous year.

 

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