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.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Business Interruption Claims Arising From the Middle East Conflict 
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
