REG - Catlin Group Limited - Directorate Change
Released: 24/06/2010
Released: 24/06/2010
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RNS Number : 1470O
Catlin Group Limited
24 June 2010
24 June 2010
CATLIN GROUP LIMITED ANNOUNCES
CHANGES TO BOARD OF DIRECTORS
HAMILTON, Bermuda - Catlin Group Limited ('CGL'; London Stock Exchange), the international specialty property/casualty
insurer and reinsurer, announces two changes to the Board of Directors.
Michael Harper will resign from the Group's Board of Directors effective 1 July 2010 due to the demands of his other
commitments. He was appointed as Senior Independent Director of Catlin in July 2005.
Bruce Carnegie-Brown has been appointed as a Non-Executive Director with effect from 1 August 2010. He will be subject to
election by shareholders at the Company's Annual General Meeting in 2011.
Bruce Carnegie-Brown was formerly Managing Partner and founder of 3i Group plc's quoted private equity team and was a
member of 3i's Group Management Committee. He previously served as Chief Executive Officer of Marsh Limited's European and
Middle Eastern operations. Prior to joining Marsh, he spent 18 years at JP Morgan in a variety of roles including Senior
Credit Officer for Europe, Middle East and Africa, Chairman of JP Morgan Securities Asia based in Tokyo and Head of Debt
Capital Markets in Europe and Asia.
Sir Graham Hearne, Chairman of Catlin Group Limited, said:
"I would like to pay tribute to Michael Harper for his service to the Catlin Board and its Committees over the past five
years. Michael has been an outstanding contributor to the Board during a crucial period in the Group's development. On
behalf of the Board, I thank him warmly and wish him the very best for the future.
"I am also delighted to announce the appointment of Bruce Carnegie-Brown to the Catlin Board. Bruce's experience, both in
insurance broking and in the wider financial markets, will greatly benefit the Group."
Continued on next page
Catlin Announces Changes to Board of Directors / .. Page 2
Director Declaration:
"In accordance with Rule 9.6.13 of the Listing Rules, Catlin Group Limited has been notified that that Bruce Carnegie-Brown
is currently a Non-Executive Director of Close Brothers Group plc and Moneysupermarket.com Group plc. He was also formerly
a Non-Executive Director of Jelf Group plc. There are no other matters to be disclosed pursuant to Rule 9.6.13."
- ends -
For more information contact:
Media Relations:
James Burcke,Head of Communications, London Tel:Mobile: +44 (0)20 7458 5710
E-mail: +44 (0)7958 767 738
james.burcke@catlin.com
Liz Morley, Maitland Tel:E-mail: +44 (0)20 7379 5151emorley@maitland.co.uk
Investor Relations:
William Spurgin, Tel: +44 (0)20 7458 5726+44 (0)7710 314 365
Head of Investor Relations, London Mobile:E-mail: william.spurgin@catlin.com
Notes to editors:
1. Catlin Group Limited, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer
writing more than 30 classes of business worldwide through six underwriting hubs. Gross premiums written in 2009 amounted
to more than US$3.7 billion.
2. Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). More information about Catlin can be found
at catlin.com.
3. Catlin has established operating hubs in London, Bermuda, the United States, the Asia-Pacific region, Europe and
Canada. Through these hubs, Catlin works closely with policyholders and their brokers. The hubs also provide Catlin with
product and geographic diversity. Altogether, Catlin operates nearly 50 offices in 20 countries.
4. Catlin's underwriting units are rated 'A' by A.M. Best and Standard & Poor's.
5. Catlin is the title sponsor of the Catlin Arctic Survey, a unique collaboration between polar explorers and research
scientists to improve society's knowledge of potential environmental changes. Catlin Arctic Survey 2010, which concluded
in May, focused on how rising carbon emissions may affect oceans and sea life. More information is available at
CatlinArcticSurvey.com.
This information is provided by RNS
The company news service from the London Stock Exchange