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.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
Judge Awards Applied Systems Preliminary Injunction Against Comulate
Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 

