Fidelis Insurance to invest in Lloyds.

Fidelis Insurance, an insurance and reinsurance company, agreed to invest in Lloyds, a UK-based financial services group. Financial terms were not disclosed. "We are proud to support the launch of Syndicate 3123. Our underwriting strategy is designed to facilitate consistent access to the most attractive risks. Syndicate 3123 further advances our strategy by creating new opportunities based on Lloyd’s extensive licences and strong ratings. Together with The Fidelis Partnership, we look forward to continuing to redefine the specialty insurance landscape and create value for our shareholders by proactively managing and allocating capital and supporting profitable underwriting opportunities,” Dan Burrows, Fidelis Insurance Group CEO.