Herbie Re Ltd

Share

Fidelis gets $275m of reinsurance from second Herbie Re cat bond

Fidelis is now set to secure $275 million of fully collateralised property catastrophe reinsurance from its second visit to the catastrophe bond market, as the Herbie Re Ltd. (Series 2020-2) issuance was priced at attractive levels and the sponsor seemed to value price over size in the end. Specialty insurance and read the full article →

Fidelis may increase second Herbie Re cat bond to as much as $300m

The second catastrophe bond from specialty insurance and reinsurance company Fidelis Insurance Holdings Limited may increase in size before close, as its target for the Herbie Re Ltd. (Series 2020-2) issuance has risen to as much as $300 million. Fidelis returned to the catastrophe bond market earlier this month for its read the full article →

Fidelis returns for second Herbie Re cat bond, a $175m multi-peril deal

Fidelis has returned to the catastrophe bond market for its second transaction, as the company looks to embed the capital markets more deeply within its reinsurance program arrangements with a $175 million Herbie Re Ltd. (Series 2020-2) issuance. Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance company launched by industry read the full article →

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 →