Pelagos Insurance Capital Q3 2026 net income drops 53% year on year to $61.7 million

• Pelagos Insurance Capital’s third-quarter 2026 net income fell 53% year over year to $61.7 million.
• Gross premiums written rose 5% year over year to $840 million, driven by the Insurance segment.
• The quarterly combined ratio worsened to 91.5%, compared with particularly benign loss experience a year earlier.
• Third-quarter capital returns totaled $95 million, including $83 million in common share repurchases.

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