The Financial Stability Rating (FSR) of A, Exceptional, has been assigned to Centauri Specialty Insurance Co. in Hawaii due to its pending acquisition by Avatar Partners LP, parent of Avatar Property & Casualty Insurance Co., Demotech Inc. announced.
Terms of the deal were not disclosed.
Centauri Specialty Insurance Co. is a part of Centauri Specialty Insurance Holdings Inc., a Delaware holding company. It offers a variety of residential and commercial insurance products.
Avatar Property & Casualty Insurance Co. is a Florida company focused on homeowners.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
