Herbie Re and Claveau retro cat bonds marked down further after PCS updates
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Herbie Re and Claveau retro cat bonds marked down further after PCS updates

Secondary market traders are baking in further loss potential after PCS increased its wildfire and Helene loss estimates.

By Jai Singh
April 24, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Fidelis Paper.jpg

Fidelis’ Herbie Re 2021-1A cat bond and Arch’s Claveau Re 2021-1 bond faced further markdowns on the secondary market last Friday, sources have told Insurance Insider ILS.

Secondary

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe bonds ILS managers Property treaty Arch Capital Fidelis North America
Gift this article