Thinking of selling?
If you are thinking of selling your run-off, contact Mayur Patel, Head of M&A or Chris Fagan, Chief Executive.
T: +44 207 265 5059
E: Mayur Patel
T: +1 441 494 6355
E: Chris Fagan
Use Catalina to generate value through run-off
Selling to Catalina allows businesses to refocus on core activities, unlock capital, reduce costs and have a clean exit from liabilities.
- focused on non-life run off
- proven in the industry
- well established
- regulated internationally
What we do
Catalina Holdings (Bermuda) Ltd acquires and manages non-life insurance and reinsurance companies and portfolios in run-off.
Catalina has made Twenty-eight acquisitions and Loss Portfolio transfers to date with total reserves in excess of $7.5bn. View our acquisitions here.
We acquire companies and portfolios in well-regulated jurisdictions. Given the concentration of the insurance and reinsurance industry in certain countries, our geographical focus is in Bermuda, the US and UK and mainland Europe.
We offer owners of insurance and reinsurance companies and portfolios in run-off finality through outright acquisition. Alternatively, we consider co-venturing, profit sharing or partnership structures.
In acquiring a company or portfolio in run-off, we provide a clean exit for owners from existing and future liabilities and the release and redeployment of substantial and unproductive capital.
We are sensitive to the concerns of businesses selling insurance and reinsurance policies to a new owner. Catalina is committed to maintaining the good reputation of acquired entities.
Activity: Buying and managing companies or reinsuring portfolios in run-off
Shareholders equity: $1 billion
Regulated in: Bermuda, US (New York, Connecticut and Colorado), Switzerland, Ireland and the UK
Chief Executive: Chris Fagan
Shareholders: Apollo / RenaissanceRe
Acquisitons and Loss Portfolio Transfers to date:
Zurich UK EL 2006 & prior liabilities
Delta Lloyd CAR liabilities
Arch US P&C run-off
Zurich German legacy medical malpractice liabilities
SFMI (U.S. Branch)
Globale Ruck (Switzerland)
Hartford Financial Products Insurance Limited
Allianz Suisse Ruckversicherungs- Gesellschaft AG
Quinn Insurance Limited (legacy liabilities)
Danielson Indemnity Company
Nations Builders Insurance Company
Alea Group Holdings (Bermuda) Ltd.
SPARTA Insurance Holdings, Inc.
AS Re Bermuda
HSBC Reinsurance Ltd and HSBC Insurance (Ireland) Ltd
Residential Loss Control Holdings
Glacier Reinsurance AG
Western General Insurance Ltd
Alea Holdings UK Ltd
Overseas Partners (the first acquisition, renamed Catalina Re Ltd)