Fidelis may increase the size of its latest Herbie Re cat bond by as much as 70% after strong interest from investors that has pushed projected spreads below the reinsurer's initial expectations, according to industry sources.
This
Fidelis may increase the size of its latest Herbie Re cat bond by as much as 70% after strong interest from investors that has pushed projected spreads below the reinsurer's initial expectations, according to industry sources.
This