Insight and Intelligence on the London & International Insurance Markets

25 February 2018

Search archive

Zurich confirms German med-mal legacy deal

Catrin Shi 7 November 2017

Zurich today confirmed it has entered an agreement with Catalina on transferring its German legacy medical malpractice book.

The Insurance Insider broke news of the deal in September, reporting that Zurich had awarded exclusivity to Catalina for the book, which held about $450mn of reserves as of 31 December 2016.

Zurich enlisted KPMG to run the process in May.

Catalina's Irish subsidiary, Catalina Insurance Ireland DAC, will take on the book. The deal is still subject to regulatory and court...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.