Catalina posts return of above 14% in 2015

Catalina achieved a 14.3 percent return on net tangible assets
(Ronta) in 2015, according to the legacy consolidator's
financial disclosures.
This figure was an improvement on 2014, CEO Chris Fagan told
The Insurance Insider following the
publication of its results - the first time the company has done so
in its 20-year history.
"We are a consistent mid-teens reporter of Ronta. That is
because the nature of our business model is very stable - it is not
subject to the...