Fidelis upsizes Herbie Re cat bond by 25% to $125mn
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Fidelis upsizes Herbie Re cat bond by 25% to $125mn

Suliman Mulhem
12 June 2020
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Fidelis_Logo_bermuda_2021.png

Fidelis has successfully upsized its first ever cat bond by 25 percent to $125mn, Trading Risk understands.

The single-tranche Herbie Re Series 2020-01 bond was first marketed in mid-May and Fidelis was initially looking to secure $100mn of second-event industry...

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