Fidelis Insurance Group takes $287mn aviation reserve charge
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Fidelis Insurance Group takes $287mn aviation reserve charge

In tandem, it pegged its net cat loss estimate from California wildfires at $160mn-$190mn.

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Fidelis Insurance Group has incurred Q4 net adverse prior year development of $287.2mn attributable to the aviation and aerospace line of business, related to the ongoing Russian-Ukraine aviation litigation, the company said in a preliminary announcement.

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