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Catalina acquires ASRe; Tower reviews reserves


Run-off specialist Catalina Holdings (Bermuda) will now acquire American Safety Reinsurance (ASRe), a Bermuda subsidiary of American Safety Holdings, which is itself merging with financial services holding company Fairfax Financial Holdings, displacing Tower Group International on the deal.

Catalina, ASRe, Tower Group, Bermuda, Chris Fagan, Reinsurance, NASDAQ

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