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Avatar Partners Acquisition of Centauri in Hawaii Bolsters Ratings

March 20, 2020

The Financial Stability Rating (FSR) of A, Exceptional, has been assigned to Centauri Specialty Å˽ðÁ«´«Ã½Ó³»­ Co. in Hawaii due to its pending acquisition by Avatar Partners LP, parent of Avatar Property & Casualty Å˽ðÁ«´«Ã½Ó³»­ Co., Demotech Inc. announced.

Terms of the deal were not disclosed.

Centauri Specialty Å˽ðÁ«´«Ã½Ó³»­ Co. is a part of Centauri Specialty Å˽ðÁ«´«Ã½Ó³»­ Holdings Inc., a Delaware holding company. It offers a variety of residential and commercial insurance products.

Avatar Property & Casualty Å˽ðÁ«´«Ã½Ó³»­ Co. is a Florida company focused on homeowners.

Topics Mergers & Acquisitions Hawaii

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