Arch seals $400mn legacy deal with CatalinaArch Re has entered into a $400mn legacy deal with run-off giant Catalina to reinsure its book of US specialty casualty exposures and program business, the Bermudian announced today.
Catalina paid $272mn for Hartford UK run-off booksLegacy acquisition heavyweight Catalina paid The Hartford $272mn last year to acquire its UK run-off businesses, a sum which suggests a discount to their book value.
Legacy gold rush continues with Quest’s $300mn+ Bermuda buildRe-Insurance.com tracks all the fund-raisings in 2017-18 as interest in the discontinued sector continues to grow…
RenaissanceRe takes minority stake in CatalinaBermudian reinsurer RenaissanceRe has signed a definitive agreement to acquire a minority stake in Catalina.