Catalina
-
The appointment comes after Catalina formed a new team, appointing former head of global distribution Steve Ryland to lead it. -
The legacy carrier had been an interested in acquiring the Coverys managing agency as a route to entry.
-
Loh Wei-Lyn has been promoted to CEO of Asia, while Luann Petrellis has joined as US CEO.
-
The legacy acquirer also struck a quota share deal for UK builders warranty insurance in 2021.
-
Plus the lowdown on the potential Howden-TigerRisk tie-up and all the top news of the week.
-
Catalina’s group head of distribution Steve Ryland will spearhead the new team.
-
The sale process is in the early stages of marketing, and bids are expected later in May.
-
The firm’s exposure to the Ukraine-Russia conflict, as well as a loss portfolio transfer, were confirmed in a performance update.
-
Head of M&A Mayur Patel is leaving the legacy specialist, while its Asian CEO Martin Kauer is retiring.
-
Interim chief Bruce Hemphill has returned to his role as non-executive chairman after 12 months of turnaround work at the legacy carrier.
-
Charles Kasmer stepped down from his role as group chief actuary at Catalina in June 2021.
-
Plus the latest impact of cat activity on reinsurer results and all the top news from the week.
Most Recent
-
Daily Digest: Top news from 30 April
30 April 2025 -
Munich Re Specialty takes AIG’s Horton
30 April 2025 -
Peak Re books 84% P&C CoR for 2024
30 April 2025 -
Canopius to lead Willis follow facility Gemini
30 April 2025 -
M&A Deal Update: The German market heats up
30 April 2025