Run-off acquirer Catalina Holdings has announced a novation deal with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities to its Bermuda subsidiary, Catalina General Insurance Ltd.
Run-off acquirer Catalina Holdings has announced a novation deal with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities to its Bermuda subsidiary, Catalina General Insurance Ltd.