Fidelis Insurance Holdings Ltd. has announced the successful placement of a new catastrophe bond through the issuance of Series 2026-1 Class A Principal-at-Risk Variable Rate Notes, valued at $75 million, via the Herbie Re Ltd. program. This eighth series of notes provides Fidelis Insurance Group with annual aggregate, industry-loss triggered protection against losses from earthquakes in the United States and District of Columbia. The bond offers collateralized retrocessional reinsurance protection over a period extending to the end of 2029. The transaction priced on January 16, 2026, and closed on January 22, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fidelis Insurance Holdings Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260122503025) on January 22, 2026, and is solely responsible for the information contained therein.