Press Releases

Catlin US Appoints Greggains, Englesbe as Chief Underwriting Officers

19 June 2007 Release 2007-10

HAMILTON, Bermuda – Catlin Group Limited ('CGL': London Stock Exchange), the international specialty property/casualty insurer and reinsurer, announces that Nick Greggains has been appointed as chief underwriting officer-insurance and Andrew Englesbe has been appointed as chief underwriting officer-reinsurance for Catlin US, Catlin's underwriting platform in the United States.

Both will report to Richard Banas, president and chief executive officer of Catlin US, and will be responsible for insurance and reinsurance underwriting operations of Catlin US, respectively.

Nick Greggains was most recently president and chief operating officer of the XL Design Professional, a unit of XL Insurance. Prior to joining XL, he held positions at Brown & Brown Risk Management and Corcoran & Havlin Insurance. He began his career at Commercial Union Assurance Co. in the UK, later transferred to the US and eventually served as vice president of global risks for CGU Insurance, the successor company to Commercial Union.

Andrew Englesbe has most recently been director of property facultative reinsurance for Catlin US, which he joined in December 2006 following the Catlin Group's acquisition of Wellington Underwriting plc. Prior to joining Wellington he had been director of property facultative reinsurance for J. Linneman & Co. and had worked for 22 years with General Re in both facultative and treaty reinsurance roles, including 16 years as facultative manager of the San Francisco office. He began his career with Fireman's Fund Insurance Co. as an inland marine underwriter.

Richard Banas, president and chief executive officer of Catlin US, said:

"I am delighted to announce that Nick Greggains and Andy Englesbe will be responsible for the insurance and reinsurance underwriting operations of Catlin US. Their vast experience and leadership in underwriting management will be a tremendous benefit as Catlin US grows to become a leading specialty insurer and reinsurer in the US market."

Catlin US underwrites specialty classes of property/casualty insurance and reinsurance for US clients. Catlin US includes Catlin Insurance Company Inc., an admitted property/casualty insurance company, and Catlin Specialty Insurance Company, a non-admitted carrier. Catlin US also underwrites business on behalf of other Catlin Group underwriting platforms. Headquartered in Atlanta, Catlin US has 17 offices across the nation.

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For more information contact:



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

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 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 four underwriting platforms and an international network of offices. Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). More information about Catlin can be found www.catlin.com

2.

On 18 December 2006, Catlin's offer to acquire Wellington Underwriting plc was declared unconditional. Combined, Catlin and Wellington underwrote gross premiums of US$2.7 billion during 2006 and produced net income of US$428.5 million. At 31 December 2006, Catlin's total assets amounted to US$8.8 billion and stockholders' equity amounted to US$2.0 billion.

3.

Catlin's four underwriting platforms are:

  • The Catlin Syndicate at Lloyd's of London (Syndicate 2003) is a recognised leader of numerous classes of specialty insurance and reinsurance. The Catlin Syndicate is the largest at Lloyd's in 2007 based on premium capacity of £1.25 billion.

  • Catlin US, which encompasses Catlin's operations based in the United States. Catlin US underwrites a wide variety of specialty property/casualty insurance and reinsurance products from a network of more than 15 offices throughout the U.S.

  • Catlin Bermuda (Catlin Insurance Company Ltd.), which is a leading participant in the Bermuda market, underwriting a diversified portfolio of property treaty, casualty treaty, political risk and terrorism, and structured risk coverages.

  • Catlin UK (Catlin Insurance Company (UK) Ltd.), which specialises in underwriting commercial non-life insurance for UK clients through a network of regional offices. It also writes other classes of business written by the Catlin Syndicate.

4.

Catlin's international network of offices allows the Group to diversify further its risk portfolio and to work more closely with local policyholders and brokers. Besides its offices in the UK, US and Bermuda, Catlin operates offices in Canada, Australia, Singapore, Malaysia, Hong Kong, China, Guernsey, Germany, Belgium, France, Spain, Switzerland and Austria.



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