Fidelis Insurance Group Sponsors Herbie Re Catastrophe Bond

Fidelis Insurance Group sponsors Herbie Re catastrophe bond

Bermuda headquartered global specialty insurer, Fidelis Insurance Holdings Ltd, has announced that Fidelis Insurance Bermuda Limited has successfully closed a new catastrophe bond through the issuance...

Fidelis Insurance Group Sponsors New Herbie Re Ltd. Catastrophe Bond

PEMBROKE, Bermuda--(BUSINESS WIRE)--May 30, 2025-

Fidelis Insurance closes $90m Herbie Re cat bond

Global specialty insurer Fidelis Insurance Group has successfully closed the seventh iteration of its Herbie Re catastrophe bond, providing the group with $90 million of collateralized reinsurance protection. The newly issued Series 2025-1 Notes will cover insured industry losses from a range of natural catastrophes, including earthquakes and named storms in North America, as well as US severe thunderstorm, wildfire, winter storms, Caribbean ear…

Fidelis Insurance Closes Catastrophe Bond

Fidelis Insurance Group announced that Fidelis Insurance Bermuda Limited has secured $90 million in collateralized reinsurance protection through the issuance of Series 2025-1 notes from its Herbie Re catastrophe bond program. A spokesperson said, “Fidelis Insurance Holdings Limited, a global specialty insurer, announced today that Fidelis Insurance Bermuda Limited [“FIBL”] has successfully closed a new […]

#Fidelis Insurance Group Successfully Closes $150 Million Catastrophe Bond Through Herbie Re Ltd.

In a significant advancement for risk management in the insurance sector, Fidelis Insurance Group has announced the successful closing of a new catastrophe bond via its Herbie Re Ltd. program. The Bermuda-based Fidelis Insurance Holdings Limited, known for its global specialty insurance offerings, has issued the Series 20251 Class A Principal-at-Risk Variable Rate Notes (the Series 20251 Notes), marking the seventh issuance from Herbie Re since …