Catalina reports comprehensive loss of $454mn for 2022
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Catalina reports comprehensive loss of $454mn for 2022

Aisling Finn
August 04, 2023
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Catalina Holdings has recorded a comprehensive loss of $454mn for 2022, up from a loss of $1.5mn the year prior.

The legacy carrier reported unrealised losses of more than $345mn for 2022, up from $78mn in the previous year, which it attributed to market interest rate movements on fixed maturity securities.

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