Herbie Re prices above guidance at 1250 bps

21 November 2022

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The latest Herbie Re cat bond from Fidelis has priced at 1250 basis points, 30% above the mid-point of its initial target range, Trading Risk understands.

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Herbie Re prices above guidance at 1250 bps

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Herbie Re prices above guidance at 1250 bps

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM