Fidelis recoups $10mn from Herbie Re bond with further recoveries possible
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Fidelis recoups $10mn from Herbie Re bond with further recoveries possible

The bond is currently trading at around 65c in the dollar on the secondary market.

By Jai Singh
February 01, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Fidelis insurance group_2023.jpg

Fidelis has recouped $10mn from its Herbie Re 2021-1A cat bond following Hurricane Ian, Turkey earthquake and US severe convective storm (SCS) losses, sources have confirmed to this publication.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bondsFidelis
Gift this article