Insurance Co. Alea Holdings Hits Ch. 11 With $280M In Debt

By Alex Wittenberg · July 20, 2026, 11:46 AM EDT

Alea Holdings US Co., a unit of Bermuda-based insurance group Catalina Holdings, has filed for Chapter 11 protection in a Texas bankruptcy court with roughly $280 million in funded debt, saying...

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Bankruptcy Scorecard

Summary

Alea Holdings, a unit of Bermuda-based insurance group Catalina Holdings, filed for bankruptcy protections in Texas on July 19 with $280 million in funded debt and a deal to provide $20 million to unsecured noteholders.

Case Number

4:26-bk-90714

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Documents

Case Information

Case Title

Alea Holdings US Company

Case Number

4:26-bk-90714

Court

Texas Southern

Nature of Suit

Date Filed

July 19, 2026