Catalina Holdings (Bermuda) Ltd. announced 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.
Catalina noted that this is its “fourth transaction in Switzerland and eighteenth since the business was established in 2005.”
Source: Catalina Holdings (Bermuda) Ltd.
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