Catalina has made Twenty-four acquisitions and is constantly reviewing further opportunities to acquire insurance and reinsurance entities in run off.

Recent post title

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

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 of legacy US insurance liabilities in run-off to Alea. The ...

Catalina acquires Hartford Financial Products International Limited and Downlands Liability Management Limited

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) is pleased to announce that its wholly owned subsidiary Catalina Holdings UK Limited has completed its acquisition of Hartford Financial Products International Limited (“HFPI”) and Downlands Liability Management Limited (“DLM”) from The Hartford Financial Services Group Inc. (“The Hartford”) following approval from ...

Catalina enters into an agreement to acquire AGF Insurance Limited from Allianz

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that its wholly owned subsidiary Catalina Holdings UK Limited has signed a definitive agreement to acquire AGF Insurance Limited (“AGF”) from AGF Holdings (UK) Limited, a subsidiary of Allianz SE. AGF is a UK regulated insurance company incorporated in 1960. It wrote ...

Catalina completes acquisition of Allianz Suisse Ruckversicherungs-Gesellschaft AG

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that, following receipt of regulatory approvals from the FINMA the Swiss financial regulator, it has completed its acquisition of Allianz Suisse Ruckversicherungs-Gesellschaft AG (“Allianz Suisse Re”) from Allianz SE. Allianz Suisse Re will be renamed Catalina Reinsurance (Switzerland) Ltd. This is ...

Catalina enters into an agreement to acquire Papiro AG

(6 August 2015) Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that its wholly owned subsidiary Glacier Reinsurance AG has signed a definitive agreement to acquire Papiro AG (“Papiro”), the Swiss based captive insurance company of VPK Packaging B.V. (“VPK”) from VPK. The transaction, which is expected to close ...

Catalina completes portfolio transfer of legacy insurance liabilities from Quinn Insurance Limited

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”), announces that following receipt of approvals from the Central Bank of Ireland and from the High Court of Ireland, it completed the portfolio transfer of UK and EU insurance liabilities in run-off from Quinn Insurance Limited (under administration) to its wholly owned ...

Catalina completes acquisition of PXRE from Tawa Associates Ltd

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”), announces that following receipt of regulatory approvals from the Connecticut Insurance Department, it has today completed its acquisition PXRE Reinsurance Company (“PXRE”), from Tawa Associates Ltd (“Tawa”). About Catalina Holdings (Bermuda) Ltd Catalina Holdings (Bermuda) Ltd (“Catalina”) is a long term consolidator in ...

Catalina completes transfer of construction liabilities in run-off from NationsBuilders Insurance Company

Hamilton, Bermuda, 9th February – Catalina Holdings (Bermuda) Ltd (“Catalina”), announces that following receipt of regulatory approvals from the Bermuda Monetary Authority and the District of Columbia Department of Insurance, Securities and Banking, it has completed the transfer of residential construction liabilities in run-off from NationsBuilders Insurance Company. The portfolio of ...

Catalina completes acquisition of SPARTA Insurance Holdings, Inc.

Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”), announces that following receipt of regulatory approvals from both the Connecticut Insurance Department and California Department of Insurance, it has today completed its acquisition of SPARTA Insurance Holdings, Inc. (“Sparta”). About Catalina Holdings (Bermuda) Ltd Catalina Holdings (Bermuda) Ltd (“Catalina”) is a long ...

Catalina enters into an agreement with NationsBuilders Insurance Company for the transfer of construction liabilities

Hamilton, Bermuda, June 25, 2014 – Catalina Holdings (Bermuda) Ltd (“Catalina”) today announced that it has entered into a definitive agreement with NationsBuilders Insurance Company (“NBIC”) under which a portfolio of U.S. residential construction liabilities in run-off will be transferred via a novation to Catalina’s wholly owned Bermuda subsidiary, Catalina General ...

Catalina enters into an agreement with Delta Lloyd for the reinsurance of legacy marine liabilities

(8 May 2014) Hamilton, Bermuda – Catalina Holdings (Bermuda) Ltd (“Catalina”) announces that it has signed a definitive agreement with Delta Lloyd Group under which a portfolio of marine insurance liabilities in run-off will be reinsured by Catalina’s wholly owned Swiss subsidiary, Glacier Reinsurance AG. The transaction is subject to Swiss regulatory ...

Catalina enters into an agreement to acquire SPARTA Insurance Holdings, Inc.

Hamilton, Bermuda and Hartford, Connecticut – Catalina Holdings (Bermuda) Ltd (“Catalina”) and SPARTA Insurance Holdings, Inc. (“Sparta”) announced today a definitive agreement under which Catalina will acquire Sparta. Following the closing of the transaction, Catalina plans to place some of Sparta’s business into run off and to transfer Sparta’s alternative ...