Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”), an industry leader in the insurance legacy space, announces the appointment of Tony Cunningham and Chris Harris as Independent Non-Executive Directors and Fiona Walden as RenaissanceRe’s appointed Non-Executive Director.
The appointments follow the resignations from the board by Aditya Dutt, as RenaissanceRe’s representative following his departure from RenaissanceRe, and Jacques Bonneau, who has been appointed as CEO of PartnerRe.
Tony Cunningham is a graduate of Cambridge University and a qualified actuary. He brings significant experience as a senior business advisor. As a former Partner at Lane Clark & Peacock, his experience includes working with major corporates and the boards of FTSE 100 companies across international markets and jurisdictions. He was previously a Non-Executive Director at Liberty Holdings.
Chris Harris is an actuary and experienced senior executive and board member with 25 years of experience in the insurance industry. Chris previously served as CEO of Montpelier Re Holdings Ltd. His current board and advisory positions include James River Group, Hudson Structured Capital Management, and BF&M Group.
Fiona Walden is a graduate of Oxford University and a qualified solicitor. She brings over 15 years of experience in structured finance and credit underwriting. She is currently SVP, Global Head of Credit at Ren Re. Prior to this, she was Co-head of the Strategic Capital Products team at Liberty Specialty Markets and has worked at Willis as Deputy Head of Structured Finance.
Chris Fagan, Chief Executive of Catalina said: “We have significantly strengthened our board over the last 18 months. Tony, Chris and Fiona will further add to this and bring valuable experience to our board discussions.”
“I would like to thank Aditya and Jacques for their important contributions to the board during a time of significant growth for Catalina and wish them all the best in their new endeavours.”
About Catalina Holdings (Bermuda) Ltd
Catalina Holdings (Bermuda) Ltd (“Catalina”) is a long-term consolidator in the non-life insurance/reinsurance run-off sector. Catalina was established in 2005 to focus solely on the acquisition and management of non-life insurance/reinsurance companies in run-off. Since its foundation, Catalina has acquired or reinsured $9bn of non-life insurance and reinsurance liabilities. Catalina has received approvals from Bermudian, Irish, Malaysian, Singaporean, Swiss, UK (PRA and FCA) and various US state insurance regulators for prior acquisitions and reinsurance transactions. Catalina operates from 11 global offices situated across the United States, Bermuda, Ireland, United Kingdom and Switzerland. For further details about Catalina’s acquisitions or its management team please refer to www.catalinare.com.