Press Releases

Yann Marmonier Joins Catlin as Energy Underwriter in Singapore

20 July 2007

Catlin Group Limited, the international property and casualty insurer and reinsurer, announces the appointment of Yann Marmonier as energy underwriter for Catlin Asia Pte Ltd, the Group’s subsidiary in Singapore. He will be responsible for managing and underwriting Catlin Asia’s offshore and onshore energy portfolio.

Yann Marmonier was most recently a senior underwriter for Marine & Energy at Paris Re. Previously, he gained considerable technical experience in the oil and gas industry, working on diverse projects in countries such as Iran, Gabon, Thailand and Venezuela.

Bobby Heerasing, Principal Officer of Catlin Asia, said :

"I am delighted to welcome Yann Marmonier to Catlin. His wide experience will allow him to understand the complex needs of our clients in the oil and gas sector. Yann’s appointment will further the development of Catlin Asia as a leading specialist insurer/reinsurer in Asia."

Catlin Asia underwrites a diverse range of classes of insurance and reinsurance business on behalf of the Catlin Syndicate at Lloyd’s of London.

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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
     
Liz Morley, Maitland

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 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 at www.catlin.com

2.

Catlin’s four underwriting platforms are:

  • 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 17 offices throughout the U.S. Catlin US includes Catlin Insurance Company Inc. and Catlin Specialty Insurance Company Inc., both of which are rated ‘A’ (Excellent) by A.M. Best Company.

  • 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.

  • 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.

3.

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.

4.

Catlin 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.


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