Catalina Holdings (Bermuda) Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Catalina Holdings (Bermuda) Ltd. - overview

Established

2007

Location

Pembroke, -, Bermuda

Primary Industry

Financial Services

About

Catalina Holdings (Bermuda) Ltd. specializes in capital management and risk transfer solutions for the insurance industry, facilitating efficient risk management for clients across multiple global markets. Founded in 2007 and headquartered in Pembroke, Bermuda, Catalina Holdings (Bermuda) Ltd. focuses on providing innovative risk transfer solutions.


The company has executed 6 deals, with the most recent being a Secondary Buyout in January 2018, where it raised USD 850. 00 mn from Apollo Global Management. The total amount raised by the firm is USD 700. 00 mn.


The company's leadership includes CEOs AK Wong, John Darin, John Tan, Luann Petrellis, Priscilla Tan, and Wei-Lyn Loh. Catalina Re specializes in providing capital management and risk transfer solutions tailored for the insurance industry. Their core offerings focus on enabling businesses to efficiently manage risk, allowing them to concentrate on their primary operations and allocate capital effectively. These solutions are designed to meet a variety of end-use cases, such as mitigating exposure to loss and optimizing capital usage.


Catalina Re serves a diverse client base that includes property and casualty insurance companies, reinsurers, and other financial institutions. In 2022, Catalina Re generated revenue of USD 116. 89 mn and achieved an EBITDA of USD 244. 61 mn in 2021.


Revenue is primarily derived from structured transactions with insurance companies, including capital reinsurance agreements that enhance clients' financial stability. Catalina Holdings (Bermuda) Ltd. aims to expand its product offerings and geographic presence. The recent acquisition by RenaissanceRe Holdings Ltd.


is intended to broaden its capabilities, allowing for enhanced service delivery to clients. Details about upcoming products or specific market expansions have not been disclosed, but the strategic partnership is set to leverage the resources of RenaissanceRe to support growth initiatives.


Current Investors

Ontario Teachers' Pension Plan, CDPQ, Apollo

Primary Industry

Financial Services

Sub Industries

Financial Services, Reinsurance

Website

www.catalinare.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Catalina Holdings (Bermuda) Ltd. - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Catalina Holdings (Bermuda) Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
N/ACompleted-
Add-on, Trade SaleCompletedAsia Capital Reinsurance Group Pte. Ltd.-
N/ACompleted2 Woodhams Road-
Trade SaleCompletedCatalina Holdings (Bermuda) Ltd.-
Secondary BuyoutCompletedCatalina Holdings (Bermuda) Ltd.-

Displaying 1 - 5 of 12

Catalina Holdings (Bermuda) Ltd. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.