Press Releases

Catlin Establishes US Headquarters in Atlanta

10 July 2006

 

NEW YORK - Catlin Group Limited (‘CGL’: London Stock Exchange), the international speciality property/casualty insurer and reinsurer, announces that the new headquarters office of Catlin US in Atlanta is now open.

 

Catlin US underwrites specialty classes of property/casualty insurance for US clients.  Catlin US has recently acquired an admitted property/casualty insurance company that will soon begin rwriting business under the Catlin brand.  Besides the Atlanta office, Catlin US also has offices in Houston, New Orleans and San Francisco. A New York office will be announced soon..

 

The contact details for the Atlanta office are:

Catlin US

3340 Peachtree Road N.E.

Tower Place 100

Suite 2950

Atlanta, GA 30326

Telephone: (404) 846 9690

Fax: (404) 846 9698

- ends -

For more information:

Media Relations:    
James Burcke,
Head of Communications,
London

Tel:
Mobile:
E-Mail:

 +44 (0)20 7458 5710
+44 (0)7958 767 738
james.burcke@catlin.com 
Liz Morley,
The Maitland Consultancy,
London		 Tel:
E-mail:		 +44 (0)20 7379 5151
emorley@maitland.co.uk
Investor Relations:    
William Spurgin,
Head of Investor Relations,
London

Tel:
Mobile:
E-mail:

 +44 (0)20 7458 5726
+44 (0)7710 314 365
william.spurgin@catlin.com

Notes:

1.   The Catlin Group, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer writing more than 30 classes of business worldwide. Catlin wrote gross premiums of $1.4 billion in 2005.  Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL).
2.  

 Catlin operates four underwriting platforms:

  • The Catlin Syndicate at Lloyd’s of London (Syndicate 2003), which is one of the largest syndicates at Lloyd’s based on 2006 premium capacity of Ł450 million. It is a recognised leader of numerous classes of specialty insurance and reinsurance. 
  • Catlin Bermuda (Catlin Insurance Company Ltd.), which underwrites property treaty and casualty treaty reinsurance and property and casualty insurance.
  • Catlin UK (Catlin Insurance Company (UK) Ltd.), which specialises in underwriting commercial non-life insurance for UK clients. It also writes other classes of business written by the Catlin Syndicate.

  • Catlin US, which encompasses all of Catlin’s operations in the United States. Catlin US includes American Indemnity Company, which was acquired in May 2006 and is being  renamed Catlin Insurance Company Inc.

The Catlin Syndicate, Catlin Bermuda and Catlin UK have financial strength ratings of ‘A’ (Excellent) from A.M. Best Company.  Catlin Bermuda and Catlin UK have insurance financial strength ratings of ‘A-‘ (Strong) from Standard & Poor’s, whilst the Catlin Syndicate has a Lloyd’s Syndicate Assessment of ‘4-‘ (Low Dependency) from Standard & Poor’s.

3.  

Catlin also operates offices worldwide which allow Catlin underwriters to work closely with local policyholders and brokers.  The offices are located in the United States (Atlanta, Houston, New Orleans, New York and San Francisco), Canada (Toronto), Australia (Sydney), Singapore, Hong Kong, Malaysia (Kuala Lumpur), Germany (Cologne), Belgium (Antwerp) and Guernsey.  Catlin UK has regional offices in Glasgow, Leeds, Derby, Birmingham and Watford.

4.   For more information about Catlin, please see the Group's website at www.catlin.com.