Fidelis Insurance obtains further $500m of equity funding
Jun 10, 2020 - Marketline Newswire
Investments
Re/insurance firm Fidelis Insurance has secured an additional $500m of equity funding from existing investor relationships.
In the past six months, the firm has obtained $800m of additional equity. The firm will now have funds for underwriting more than $2bn. This is said to enable the firm to expand relationships with both existing as well as new clients in the classes it already writes. This will also support the expansion of the firm into new business lines, noted Fidelis. Commenting on...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
