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News

Northstar Financial Services Ltd. Closes Acquisition of Titan Life & Annuity (Bermuda) Ltd

Northstar News

HAMILTON BERMUDA – Northstar Financial Services Ltd. (“Northstar”) today announced the closing of its acquisition of Titan Life & Annuity (Bermuda) Ltd., (“Titan”) a Bermuda based provider of private placement life insurance and annuity products.   Titan was purchased from Cerberus International, Ltd. The purchase price for the business was not disclosed however Northstar noted the acquisition will add more than USD $60 million of separate account assets to the company’s consolidated balance sheet.

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