Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd announces it has today completed its acquisition of two legacy businesses, HSBC Reinsurance Limited and HSBC Insurance (Ireland) Limited, from HSBC Holdings plc, following regulatory approval by the Central bank of Ireland. The businesses will be renamed Catalina Reinsurance Ireland Limited and Catalina Insurance Ireland Limited respectively.

The senior debt facility for this acquisition has been provided by RBS Group plc, who worked closely with catalina on the capital structuring for the transaction.

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