Fidelis secures $375m of collateralized reinsurance via latest cat bond

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Reinsurance News - Dec 30, 2024

Fidelis Insurance Bermuda Limited (FIBL) has successfully closed a new catastrophe bond, Herbie Re Ltd. (Series 2024-2), which provides the firm with $375 million of collateralized reinsurance protection against U.S., DC, Puerto Rico, and Virgin Islands named storm and earthquake risks. This latest...

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