Find an Agent
Press Release Banner
Card image

Merger of Cayman Islands General Insurance Subsidiaries

Grand Cayman, Cayman Islands, July 1, 2025 –Merger of Cayman Islands General Insurance Subsidiaries.

Pursuant to the disclosure requirements of the Securities Commission of The Bahamas and the Bahamas International Securities Exchange (BISX), Colina Holdings Bahamas Limited (CHBL), a company incorporated under the laws of The Bahamas and listed on BISX under the symbol CHL, hereby gives notice of the following:

Effective July 1, 2025, two wholly-owned subsidiaries of CHBL, namely Saxon Motor & General Insurance Company Ltd. and Indigo Insurance (Cayman) Ltd., both incorporated and operating in the Cayman Islands, have merged in accordance with the applicable laws of the Cayman Islands.

As a result of the merger, Saxon Motor & General Insurance Company Ltd. has been merged into Indigo Insurance (Cayman) Ltd., which will continue as the surviving entity and will assume all assets, liabilities, rights, and obligations of the merged entities. This internal corporate restructuring is part of CHBL’s objective to streamline its group structure and enhance operational efficiency across its Cayman-based operations.

Indigo Insurance (Bahamas) Limited is unaffected by this merger and continues to serve its clients as before.

We wish to formally acknowledge and thank all shareholders for their continued support and partnership throughout this transition.

The Board of CHBL remains committed to acting in the best interests of our stakeholders and ensuring the stability and integrity of the Group’s operations.

Latest News

Have a Question?

Please reach out at media@colina.com for media related queries.