Board of Directors

Sir Graham Hearne was appointed Chairman of Catlin in February 2003. He was Chairman of Enterprise Oil plc from 1991 until 2002, having joined as Chief Executive in 1984. He practised as a lawyer at Pinsent & Co, Herbert Smith & Co and Fried, Frank, Harris, Shriver & Jacobson in New York. He served with the Industrial Reorganisation Corporation before joining NM Rothschild & Sons Ltd., where he remains a Non-Executive Director. He has also served as Finance Director of Courtaulds Limited, Chief Executive of Tricentrol plc and Group Managing Director of Carless, Capel & Leonard plc. He is currently Non-Executive Chairman of Braemar Seascope Group plc and Deputy Chairman of Gallaher Group plc. He was High Sheriff of Greater London in 1995 and 1996.

He is chairman of the Nomination Committee.

Alan Bossin was appointed as an Independent Non-Executive Director of Catlin in March 2004. He is also counsel to Appleby Spurling Hunter, Barristers & Attorneys, of Hamilton, Bermuda, which he joined in 1999. He was previously at the Toronto insurance law firm of Blaney McMurty. He commenced his legal career with the Toronto firm of Gilbert, Wright & Flaherty, practising insurance defence litigation. In 1983, he joined the Insurance Bureau of Canada as counsel. From 1987 to 1997, he was Senior Vice President and Canadian General Counsel with the global insurance broker Johnson & Higgins. He is a graduate of the University of Windsor and was admitted to the Bar of Ontario in 1980 and the Bar of Bermuda in 1999.

Michael Crall was appointed as an Independent Non-Executive Director of Catlin in October 2003. He was previously Chief Executive of Equitas Holdings Limited and continues to be a Non-Executive Director of that company. Before being selected as Equitas' first Chief Executive, Michael Crall was President and Chief Executive Officer of Argonaut Insurance Company, a US insurer specialising in casualty classes of business. He began his insurance career with Insurance Company of North America, later CIGNA Corporation, where he held a number of executive posts in the US, Paris and Brussels. He is also Non-Executive Chairman of Arrowpoint Capital Corp. in the US.

He is chairman of the Investment Committee and a member of the Audit Committee and the Nomination Committee.

Jean Claude Damerval was appointed as an Independent Non-Executive Director of Catlin in July 2005. He has owned his own corporate finance consulting practice focusing on the international insurance industry since 1994. From 1990-1994, Mr. Damerval served as Group Managing Director and Chief Executive Officer of International Operations for AXA Group and from 1988 to 1990 served as AXA's Group Controller. Mr. Damerval has 34 years of experience in the insurance and finance business. Mr. Damerval is a graduate of the Institut D'Etudes Politiques and is a graduate of the Association of International Bond Dealers in Montreux, Switzerland.

He is a member of the Audit Committee and the Compensation Committee.

Michael Eisenson was appointed Non-Executive Director of Catlin in November 2002. He is also Managing Director and Chief Executive Officer of Charlesbank Capital Partners LLC, a Boston-based private equity firm. Prior to co-founding Charlesbank in July 1998, he was the President of Harvard Private Capital Group, the private equity and real estate investment unit of Harvard Management Company. Before joining Harvard Management in 1986, he was with The Boston Consulting Group, a corporate strategy consulting firm. He serves on the boards of several public companies, including Universal Technical Institute and United Auto Group, as well as several privately held portfolio companies. He is a graduate of Williams College and holds an MBA from the Yale School of Management and a juris doctor degree from Yale Law School.

He is a member of the Compensation Committee and the Investment Committee.

Kenneth Goldstein has held numerous senior positions in the US insurance industry over the past 30 years. He was President and Chief Executive Officer of Universal Underwriters Group until his retirement in 1999. He also was Executive Vice President of St Paul Fire & Marine Insurance Company and President of Swett & Crawford Management Co., and he held various management positions at American International Group Inc. He previously was a Director of DirectFac Inc and was a member of the advisory board of American Wholesale Insurance Group.

He is a member of the Audit Committee and the Investment Committee.

Michael Harper was appointed Senior Independent Non-Executive Director of Catlin in July 2005. He was previously chief executive of Kidde plc and held senior management positions at both Kidde and with Vickers plc. He is Chairman of The Vitec Group plc and is a Non-Executive Director of Umeco plc, Ricardo plc and BBA Group plc. He is a graduate of King's College London and has a master of science degree from Imperial College, London.

He is chairman of the Compensation Committee and a member of the Nomination Committee.

Michael Hepher was appointed as an Independent Non-Executive Director of Catlin in October 2003. He is currently Chairman of Lane, Clark & Peacock LLP, a firm of consulting actuaries. He is also a non-executive Director of Kingfisher plc and Canada Life Capital Corporation and Canada Life Group (UK) Ltd. He was formerly Chairman and Chief Executive Officer of Charterhouse plc and Group Managing Director of British Telecommunications plc. He served as Chairman and Chief Executive of Abbey Life Group plc and subsequently Lloyd's Abbey Life plc for 12 years. He also has served as President and Chief Executive Officer of Maritime Life Assurance Company of Canada and chief actuary of Commercial Life Assurance Company of Canada. He is a Fellow of the Institute of Actuaries.

He is chairman of the Audit Committee and a member of the Nomination Committee.

Nicholas Lyons joined the Catlin Board as an Independent Non-Executive Director in August 2008. He was formerly a managing director of Lehman Brothers in London, where he headed the European Financial Institutions Group. Prior to joining Lehman Brothers, he had held executive positions at JP Morgan & Co and Salomon Brothers in London. He currently serves as non-executive chairman of Miller Insurance Services Limited, a leading international specialist insurance and reinsurance broker based in London.

He is member of the Audit Committee and the Investment Committee.