Herbie Re Ltd

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Fidelis continues capital raising with $300m senior note issuance

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has now raised over $1 billion of capital in the last six months, with the latest being a $300 million senior note debt offering that qualifies as Tier 3 capital. Fidelis had already tapped institutional investors for read the full article →

Fidelis’ new Herbie Re cat bond hits $125m at top-end pricing

The new Herbie Re Ltd. (Series 2020-1) catastrophe bond transaction that is sponsored by specialty insurance and reinsurance firm Fidelis Insurance Holdings Limited has successfully been upsized by the target 25% to reach $125 million of coverage for the company. At the same time, we're told that the pricing has now read the full article →

Fidelis’ seeks 25% upsize for first catastrophe bond Herbie Re

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm, is seeking to upsize its first catastrophe bond transaction Herbie Re Ltd. (Series 2020-1) by as much as 25%, with the target lifted to $125 million for the deal but the pricing now lifted to the upper-end of guidance. Fidelis entered read the full article →

Fidelis sponsoring first catastrophe bond, a $100m Herbie Re Ltd. deal

A new catastrophe bond sponsor is coming to market in the shape of Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, which has launched its first transaction, a $100 million Herbie Re Ltd. (Series 2020-1) multi-peril cat bond deal. Fidelis' first catastrophe bond will provide read the full article →