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Fidelis Insurance Group secures $90M bond for disaster protection through Herbie Re Ltd program.
Fidelis Insurance Group, based in Bermuda, has secured $90 million in protection against natural disasters through a new catastrophe bond.
The bond, issued under the Herbie Re Ltd program, will cover losses from various natural disasters across North America, Europe, and other regions for about two years, ending on June 7, 2027.
This is the seventh such bond issued by the company.
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Fidelis Insurance Group asegura una fianza de 90 millones de dólares para la protección contra desastres a través del programa Herbie Re Ltd.