M&A Deal Summary

Catalina Re Acquires Glacier Reinsurance AG

On May 2, 2011, Catalina Re acquired insurance company Glacier Reinsurance AG

Acquisition Highlights
  • This is Catalina Re’s 4th transaction in the Insurance sector.
  • This is Catalina Re’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2011-05-02
Target Glacier Reinsurance AG
Sector Insurance
Buyer(s) Catalina Re
Deal Type Add-on Acquisition

Target

Glacier Reinsurance AG

Pfäffikon, Switzerland
Glacier Reinsurance AG is a provider of reinsurance services. The company focuses on specialty reinsurance risks and constructing various portfolios across various businesses, including aerospace, catastrophe reinsurance.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Catalina Re

Hamilton, Bermuda

Category Company
Founded 2005
Sector Insurance
DESCRIPTION

Catalina Re is a Bermuda-based holding company that is licensed as a Class IV reinsurance company. Catalina Re was founded in 2005 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 4 of 16
Sector: Insurance M&A 4 of 16
Type: Add-on Acquisition M&A Deals 4 of 8
Country: Switzerland M&A 1 of 2
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-19 Western General Insurance

Hamilton, Bermuda

Western General Insurance Ltd. is a provider of insurance and reinsurance of worldwide property and casualty risks. WestGen commenced trading in 1980 and wrote a combination of direct and reinsurance business until it was placed into run-off in January 2006.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-26 Residential Loss Control Holdings

Denver, Colorado, United States

Residential Loss Control Holdings, LLC is a provider of insurance services.

Buy -