News

Catalina commits £5 million to mesothelioma research in partnership with the British Lung Foundation

By : wpengine October 8, 2019 Comments Off

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”), an industry leader in the insurance legacy space, is pleased to announce a partnership with the British Lung Foundation, committing £5 million in funding to accelerate research into mesothelioma. Mesothelioma is an

Catalina Holdings appoints Steve Ryland as Chief Executive of Catalina UK

By : Mark Chapman July 26, 2019 No Comments

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) is pleased to announce the appointment of Steve Ryland as Chief Executive of Catalina UK as the business continues to strengthen its global management team. With over 30 years of insurance and

Run-off Company of the Year

By : wpengine June 27, 2019 No Comments

London – 27 June 2019 – Catalina were awarded the Run-off company of the Year at the Reactions’ 2019 London Market Awards. Catalina were nominated for the award alongside Compre and Enstar. Reinsurers, insurers, brokerages and a collection of others

Catalina enters into agreement with Zurich Insurance PLC for the transfer of $2 billion UK Employers’ Liability portfolio

By : wpengine December 17, 2018 Comments Off

Hamilton, Bermuda – 17 December 2018 – Catalina Holdings (Bermuda) Ltd (“Catalina”), today announces that it has signed a definitive agreement with Zurich Insurance PLC (“Zurich”) under which the majority of Zurich’s UK employers’ liability (UK EL) policies for 2006

Catalina completes US$700 million additional equity capital raise as new shareholder structure is finalised

By : wpengine October 11, 2018 No Comments

Hamilton, Bermuda – 11 October 2018 – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that it has closed a US$700 million equity capital raise and concluded its shareholder restructuring following receipt of regulatory approvals. Following completion of this transaction, affiliates (the

Catalina assumes a portfolio of US Property and Casualty liabilities from Arch Reinsurance Ltd

By : wpengine April 20, 2018 No Comments

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that through its wholly owned subsidy Catalina General Insurance Ltd (“Cat Gen”) it has assumed a portfolio of US Property & Casualty liabilities in run off from Arch Reinsurance Ltd. (“Arch”)

RenaissanceRe to acquire minority shareholding in Catalina

By : wpengine January 18, 2018 No Comments

PEMBROKE, Bermuda – January 18, 2018 - Catalina Holdings (Bermuda) Ltd (“Catalina”) and RenaissanceRe Holdings Ltd. (“RenaissanceRe”) (NYSE:RNR) are pleased to announce that RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding

Catalina enters into agreement with Zurich Insurance Group Ltd for the transfer of German legacy medical malpractice liabilities

By : wpengine November 1, 2017 No Comments

Hamilton, Bermuda - Catalina Holdings (Bermuda) Ltd (“Catalina”), through its wholly owned subsidiary, Catalina Insurance Ireland DAC (“Catalina Ireland”), has signed a definitive agreement with Zurich Insurance Limited (“Zurich”) under which a portfolio of German legacy medical malpractice liabilities in run-off will

Affiliates of Apollo Global Management to Acquire Majority Shareholding in Catalina

By : wpengine October 17, 2017 No Comments

Hamilton, Bermuda – 17th October 2017 - Catalina Holdings (Bermuda) Ltd (“Catalina”) is pleased to announce that Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO) has signed a definitive agreement to acquire a majority shareholding in Catalina.

Catalina enters into an agreement with SFMI (U.S. Branch) for the loss portfolio transfer of US legacy liabilities

By : wpengine October 1, 2017 No Comments

Hamilton, Bermuda - Catalina Holdings (Bermuda) Ltd (“Catalina”), through its wholly owned subsidiary Alea North America Insurance Co. (“Alea”), has signed an agreement with Samsung Fire and Marine Insurance Co., Ltd. (U.S. Branch) ("SFMI (U.S. Branch)") to transfer a portfolio