Catalina Re
Catalina Re is a medium-sized, privately held insurance company founded in 2005, specializing in run-off, reinsurance, and mergers and acquisitions. With a global presence and headquarters in Bermuda, it focuses on acquiring life and non-life reinsurance liabilities to enhance clients' capital positions and profitability.
Company Overview
The company operates within the insurance industry and was founded in 2005. It is classified as a privately held entity and has a medium-sized workforce of 328 employees. The company's headquarters is located in Pembroke, Hamilton, Bermuda, with additional offices in Farmington, Connecticut, USA; London, England; and Singapore. It specializes in run-off, insurance, reinsurance, and mergers and acquisitions.
Services Offered
The company focuses on acquiring both life and non-life (re)insurance liabilities, aiming to enhance clients' capital positions and profitability profiles. It provides tailored risk transfer solutions and capital management services globally. The company also engages in underwriting life reinsurance within specific business lines and outsources certain claims activities to regulated professional firms.
Global Presence
The company has a significant global presence, operating in multiple regions including Bermuda, the United Kingdom, the United States, and Asia. This international footprint allows the company to provide comprehensive capital management and risk transfer solutions to clients across various markets.
Corporate Governance
Catalina Holdings (Bermuda) Ltd acts as the group supervisor under the Bermuda Monetary Authority, utilizing a group supervision framework. The company is committed to ethical practices, including a Whistleblowing Policy that encourages reporting of potential violations of human rights or unethical business practices. It plans to publish a new Group Code of Conduct to reinforce expected conduct in line with its corporate values.
Commitment to Ethical Practices
The company has a commitment to preventing slavery and human trafficking in its corporate activities. This dedication to ethical business practices is reflected in its policies and procedures, which aim to ensure compliance with local regulations and promote a culture of integrity within the organization.