Pelagos Insurance Capital Limited (PLGO)

Pelagos Insurance Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	2,752	3,634	3,294	2,308	2,530
Other Investments	485.7	201	47.5	117.1	254.1
Total Investments	3,237	3,835	3,341	2,425	2,783
Cash & Equivalents	873	743	712.4	1,222	325.1
Reinsurance Contract Assets	3,076	2,956	2,353	1,959	1,729
Deferred Acquisition Costs	1,085	877.9	786.6	515.8	403.3
Other Receivables	3,525	2,974	2,410	1,874	1,567
Net Property, Plant & Equipment	-	-	-	-	29.9
Other Assets	647.3	380.5	425.2	316.9	215.3
Total Assets	12,444	11,766	10,028	8,313	7,053
Unearned Premiums	4,385	3,652	3,150	2,619	2,114
Claims Reserves	2,607	3,134	2,449	2,045	1,387
Accounts Payable	2,117	1,926	1,406	1,057	947.8
Total Debt	843.2	448.9	448.2	447.5	446.9
Long-Term Leases	-	-	-	-	31.4
Other Liabilities	91.8	156.4	125.7	157.1	107.6
Total Liabilities	10,044	9,318	7,578	6,325	5,034
Common Stock	1	1.2	1.2	1.9	1.9
Treasury Stock	-	-105.5	-	-	-
Additional Paid-in Capital	1,686	2,045	2,039	2,075	2,075
Accumulated Other Comprehensive Income	37.1	4.5	-27	-100.8	-11.3
Retained Earnings	675.9	503.6	436.6	0.5	-52.1
Total Common Shareholders' Equity	2,400	2,448	2,450	1,977	2,014
Minority Interest	-	-	-	10.3	5.2
Shareholders' Equity	2,400	2,448	2,450	1,987	2,019
Total Liabilities & Equity	12,444	11,766	10,028	8,313	7,053
Total Debt	0	0	0	0	31.4
Net Cash (Debt)	-0	-0	-0	-0	-31.4
Net Cash Per Share	-	-	-	-	-0.16
Book Value	2,400	2,448	2,450	1,977	2,014
Book Value Per Share	22.48	21.18	21.43	9.92	10.05
Tangible Book Value	2,400	2,448	2,450	1,977	2,014
Tangible Book Value Per Share	22.48	21.18	21.43	9.92	10.05

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.