Catalina reports comprehensive loss of $454mn for 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Catalina reports comprehensive loss of $454mn for 2022

Catalina logo bermuda new.jpg

Catalina Holdings has recorded a comprehensive loss of $454mn for 2022, up from a loss of $1.5mn the year prior.

The legacy carrier reported unrealised losses of more than $345mn for 2022, up from $78mn in the previous year, which it attributed to market interest rate movements on fixed maturity securities.

A

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article