Reinsurance News

Catalina Holdings

Catalina Holdings names Philipp Waldstein as CEO

22nd January 2024

Catalina Holdings (Bermuda) Ltd. has appointed Philipp Waldstein as its new Chief Executive Officer (CEO). Waldstein, who has been serving as the Group Chief Investment Officer (CIO) since joining Catalina in 2020, will be succeeding Ian Parker, who is set to retire. Waldstein played a crucial role in Catalina's strategic shift towards ... Read the full article

Catalina & Asta receive Lloyd’s approval for new RITC syndicate

13th September 2022

Bermuda-based provider of retrospective reinsurance and capital solutions, Catalina Group and Asta, a third-party managing agent, have received 'in-principle' Lloyd’s approval for a new reinsurance to close syndicate. Managed by Asta, Catalina Syndicate 3232 is aiming to commence accepting business into the 2023 YOA, and will be capitalised through a wholly ... Read the full article

Catalina appoints Andrew Diaz-Matos as Chief Commercial Officer & Chief Legal Officer

18th August 2022

Legacy specialist Catalina Holdings has appointed Andrew Diaz-Matos as Chief Commercial Officer and Chief Legal Officer, where he will report to Group Chief Executive Officer Ian Parker, effective 15 August, 2022. Andrew takes over the Chief Commercial Officer role from Steve Ryland, who has moved internally to Head of Global Distribution. ... Read the full article

Catalina appoints new CEO’s in Asia & US

11th July 2022

Catalina Holdings, an industry leader in the insurance legacy retrospective space, has appointed two new CEO’s to support its growing business. Loh Wei-Lyn has been appointed CEO of Asia and Luann Petrellis has been appointed CEO of the US. Wei-Lyn assumed the CEO role of Asia on 16 May, 2022 from Martin ... Read the full article

Catalina Holdings creates new pan-global team

23rd May 2022

Catalina Holdings has created a new team focused on global origination across UK/Europe, North America, Bermuda, and Asia Pacific. The new team will be led by Steve Ryland, group head of global distribution for Catalina, who will focus on UK and European markets. Parri Spector will focus on North America and ... Read the full article

Catalina Holdings goes into joint property venture with Oxenwood

21st April 2022

Reinsurance firm Catalina Holdings has gone into a joint venture with Oxenwood Real Estate to secure a £52.8m funding package from NatWest. The funding, the companies said in a statement, will be used to re-finance five assets across the UK consisting of four industrial properties and one commercial office space. Robert Fardon, ... Read the full article

Catalina reports net income of $177mn for 2021, targets entry to Lloyd’s

14th April 2022

Legacy specialist Catalina Holdings (Bermuda) has reported consolidated net income of $177 million for the year ended December 31 2021, and net operating income of $86 million. The company also announced that its total shareholders’ equity came in at $1.4 billion, with total assets of $6.66bn and total liabilities of $5.23bn. In ... Read the full article

Catalina Holdings makes new senior appointments

28th October 2021

Catalina Holdings has made senior appointments as part of its business reorganisation over the past 2 years. Bruce Hemphill, who was appointed CEO of Catalina in February 2021 after serving as chair of the Catalina board, will carry on leading the company as it reviews its operations, capabilities and market position. Dean ... Read the full article

Bruce Hemphill to lead Catalina as co-founder Chris Fagan departs

2nd February 2021

Chris Fagan, co-founder of legacy specialist Catalina Holdings, is to step down from his role as Chief Executive Officer (CEO) and be succeeded by Bruce Hemphill, current Chair of the Catalina Board. Fagan has led Catalina for the past 15 years since he founded the legacy firm with Dean Dwonczyk in ... Read the full article

Catalina Holdings adds two to UK board

25th January 2021

Legacy specialist Catalina Holdings has appointed Anthony Mason as Chair, and Penny Shaw as Non-Executive Director of its UK Board. These appointments follow the planned departure of current long term Chair, Tim Cox, and Independent Non-Executive Director, David O’Connor. Mason is a qualified actuary and brings a mix of experience across investments, ... Read the full article

Catalina Holdings adds three Non-Exec Directors

2nd December 2020

Legacy space specialist Catalina Holdings has appointed Tony Cunningham and Chris Harris as Independent Non-Executive Directors, with Fiona Walden as RenaissanceRe’s appointed Non-Executive Director. The appointments follow the resignations from the board by Aditya Dutt and Jacques Bonneau. Cunningham is a former Partner at Lane Clark & Peacock. His previous experience includes ... Read the full article

Catalina hires new CEOs for Swiss & Bermuda units

14th September 2020

Legacy space specialist Catalina Holdings has announced the appointments of Claudia Ingenhoven and Sarah Ruberry as CEOs of its Swiss and Bermudian subsidiaries, respectively. Ingenhoven will take over as head of Glacier Re from August 19th, replacing Martin Kauer, who has held the role since 2011. Kauer has moved to Singapore where ... Read the full article

Catalina adds Hemphill as non-exec chair, Foulger as senior non-exec director

28th May 2020

Catalina Holdings has announced the appointment of Bruce Hemphill as non-executive chairman of its Board, while Caroline Foulger joins as senior independent non-executive director. Hemphill was previously appointed as a non-executive director to Catalina’s Board in 2019 and brings significant financial services expertise and experience. He is the former Chief Executive Officer ... Read the full article

Catalina Holdings adds Philipp Waldstein as group CIO

14th May 2020

Legacy space specialist Catalina Holdings has announced the appointment of Phillipp Waldstein as group Chief Investment Officer. Waldstein replaces Peter Harnik, who joined Catalina in 2011 and is now retiring. He joins from MEAG, an asset manager for Munich Re, where he served as Chief Executive Officer. Waldstein brings extensive experience of managing ... Read the full article

Catalina Holdings adds Derrick Irby as CFO

28th April 2020

Legacy space specialist Catalina Holdings has announced the appointment of Derrick Irby to the position of group Chief Financial Officer. Irby will be based in Bermuda and starts his new position on May 1. He has 22 years of experience advising and leading the finance activities of re/insurers, including managing finance operations, ... Read the full article