You are here

Catalina buying Asia Capital Reinsurance to build regional portfolio

nz_HsiehFuHua_061228.jpg
Hsieh Fu Hua, chairman of ACR, said: "This was a shareholder-led process, which has culminated in a successful exit. Catalina has the experience and expertise to deliver on ACR's outstanding commitments to clients and take the business into a new direction."

Singapore

LEGACY insurance and reinsurance player Catalina Holdings has reached an in-principle agreement to buy the entire stake in Singapore-headquartered Asia Capital Reinsurance Group (ACR), an ACR spokesman told The Business Times.

The deal is expected to close in the first...

sentifi.com

Market voices on: