Herbie Re Ltd, founded in 2002 and headquartered in Bermuda, specializes in providing reinsurance solutions to the global insurance market. The company aims to enhance the financial security of its clients by offering a range of risk transfer products that effectively manage volatility and uncertainty.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HERBIE 11.07% 2025-01-08 USDHerbie Re Ltd | United States | 2025-01-08 | 11.070 | 0.00 |
| HERBIE 11.40% 2028-01-07 USDHerbie Re Ltd | United States | 2028-01-07 | 11.398 | 35.64 |
| HERBIE 14.06% 2025-01-08 USDHerbie Re Ltd | United States | 2025-01-08 | 14.057 | 0.00 |
| HERBIE 21.59% 2025-06-06 USDHerbie Re Ltd | United States | 2025-06-06 | 21.590 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Herbie Re Ltd has established a robust bond issuance program, launching its first bonds in 2005, primarily targeting institutional investors. Notable issuances include the $250 million catastrophe bond issued in 2020, designed to provide coverage against natural disasters, which achieved a yield significantly above the industry average. The company employs innovative structures in its bonds, such as multi-trigger mechanisms, enhancing their appeal in fluctuating market conditions. Recent reports indicate a strong demand for their current offerings, reflecting investor confidence in Herbie Re's strategic positioning amidst evolving market dynamics.