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.
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course 
Owner of Historic Minnesota Resort Charged With Arson, Insurance Fraud 
Trump to Issue Order Creating National AI Rule 
