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 around the world. Historically, given the concentration of the insurance and reinsurance industry in certain markets our geographical focus has been towards the US, UK and mainland Europe. However, we look at and are open to opportunities beyond these markets, including in Asia and the Middle East.

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.

Key facts

Activity: Buying and managing companies or reinsuring portfolios in run-off

Based: Bermuda

Shareholders equity: $1 billion

Regulated in: Bermuda, US (New York, Connecticut and Colorado), Switzerland, Ireland and the UK

Founded: 2005

Founders: Chris Fagan and Dean Dwonczyk

Chairman and Chief Executive: Chris Fagan

Shareholders: Apollo / RenaissanceRe / Management