Fidelis sponsors new cat bond securing $150m of reinsurance protection

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Reinsurance News - Feb 23, 2024

Fidelis Insurance Bermuda Limited (FIBL) has successfully closed a new catastrophe bond in the fifth series of notes issued by its Bermuda-based special purpose insurer Herbie Re Ltd., which will provide Fidelis Insurance Group with $150 million of collateralized reinsurance protection. The Series 2...

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