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Catalina buying Asia Capital Reinsurance to build regional portfolio

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Ng Ren Jye

Published Thu, Dec 5, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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 half of 2020, subject to approvals, according to a press statement on Thursday.

    Temasek

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