Catalina Holdings (Bermuda) Ltd acquires and manages non-life insurance and reinsurance companies and portfolios in run-off.
We will acquire companies and portfolios in any well regulated jurisdiction. In practice, because of the concentration of the insurance and reinsurance industry in certain countries, our geographical focus is in Bermuda, the US and UK, mainland Europe, and the Middle and Far East including Australia, Singapore and Hong Kong.
We offer owners of insurance and reinsurance companies and portfolios in run-off finality through outright acquisition or, alternatively, we will consider a wide range of co-venturing, profit sharing or partnership structures. In acquiring a company or portfolio in run-off, we can provide a clean exit for owners from existing and future liabilities combined with the release of substantial and unproductive capital.
We are conscious of the reputational issues for businesses selling insurance and reinsurance policies to new ownership. Catalina is funded by substantial financial institutions for whom reputation is equally important.