06:32 AM EDT, 07/01/2024 (MT Newswires) -- Fidelis Insurance Group (FIHL) and Fidelis Partnership confirmed on Monday that Syndicate 3123, or the Fidelis Partnership Syndicate, has formally begun underwriting business at Lloyd's.

The companies said Fidelis Partnership Syndicate aims to write $180 million in Gross Written Premium in H2 2024 and $450 million in 2025, covering various insurance and reinsurance classes such as contract frustration, political risk, credit, property catastrophe, political violence, marine, and aviation.

The Fidelis Partnership launched the Fidelis Partnership Syndicate in collaboration with the Fidelis Insurance Group.