The Business Times
business-time-50

Catalina buying Asia Capital Reinsurance to build regional portfolio

google-preferred-sourceAdd BT as a preferred source

Ng Ren Jye

Published Thu, Dec 5, 2019 · 09:50 PM

    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

    TRENDING NOW

    Japan’s data centre market is underpinned by increasing domestic enterprise workloads, cloud adoption and rising AI workloads.

    Singapore data centre Reits chase Japan deals as power crunch raises stakes

    Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

    Canada’s fight with the US has far bigger stakes than trade

    Senior Judge Lee Seiu Kin rejects Chander Agarwal’s characterisation of the expenses as loans, pointing to a pattern of lavish spending on Felicia Lee.

    Hell hath no fury like a man scorned: CEO’s S$468,000 suit against ex fails after relationship sours

    Nike, which has shed more than US$200 billion in market value from its November 2021 peak, exits the S&P 100 index in September 2026.

    Nike, Lululemon, Shein woes: A silver lining in Singapore’s lack of listed consumer brands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More