Reinsurance News
Catalina
John Darin named Catalina General’s CEO
27th April 2023
Catalina Re, provider of capital management and risk transfer solutions to the global insurance industry, has appointed John Darin as Chief Executive Officer of its wholly owned Bermuda-domiciled reinsurance company, Catalina General. Darin brings almost two decades of industry experience to his new role. He joined Catalina Re from PwC in ... 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 General completes loss portfolio transfer from QBE
30th June 2022
Leading provider of retrospective reinsurance and capital solutions, Catalina Holdings (Bermuda) Ltd, has announced that its wholly owned Bermuda-domiciled reinsurance company - Catalina General Insurance Ltd has completed a previously announced loss portfolio transfer retrocession agreement with subsidiaries of QBE Insurance Group Ltd. The agreement relates to QBE’s legacy North American ... Read the full article
Catalina General takes on loss portfolio transfer from QBE Insurance Group
6th May 2022
Reinsurance firm Catalina General has agreed with QBE Insurance Group’s subsidiaries for a loss portfolio transfer of QBE’s legacy North American Excess and Surplus (E&S) lines prior accident year liabilities. The deal is still subject to regulatory approvals and certain closing conditions. Steve Ryland, group head of global distribution for Catalina, said: ... Read the full article
Ian Parker named CEO of Catalina
2nd February 2022
Legacy space insurer Catalina Holdings (Bermuda) Ltd has announced the appointment of Ian Parker as its new Group Chief Executive. He succeeds Bruce Hemphill, who stepped in as interim CEO in February 2021, and who will now return to his previous role as non-executive Chair of the Board. Likewise, Caroline Foulger, who ... 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
Catalina Re hires Tom Duggan as Senior Investment Manager
4th January 2021
Catalina Re, the reinsurance arm of Bermuda-based insurance and reinsurance run-off and legacy specialist, Catalina Holdings, has appointed Tom Duggan as Senior Investment Manager. Duggan joined Catalina Re in January, 2021 from his role as Senior Vice President (SVP), Manager Research, at investment consultancy Redington. During his time with Redington, which commenced ... Read the full article
Zurich announces $2bn legacy portfolio transfer to Catalina
17th December 2018
Zurich Insurance, a subsidiary of Zurich Insurance Group, has entered into an agreement with Catalina Holdings that will see the majority of Zurich’s UK employers’ liability (UK EL) policies for 2006 and prior underwriting years transferred to Catalina. This major portfolio transfer represents a significant step forward in Zurich’s efforts to ... Read the full article
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