The Financial Stability Rating (FSR) of A, Exceptional, has been assigned to Centauri Specialty Insurance Co. in Hawaii due to its pending acquisition by Avatar Partners LP, parent of Avatar Property & Casualty Insurance Co., Demotech Inc. announced.
Terms of the deal were not disclosed.
Centauri Specialty Insurance Co. is a part of Centauri Specialty Insurance Holdings Inc., a Delaware holding company. It offers a variety of residential and commercial insurance products.
Avatar Property & Casualty Insurance Co. is a Florida company focused on homeowners.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 
Trump Suit Over Wall Street Journal Epstein Story Dismissed 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
