Press Releases

Catlin US Appoints Joseph Horan as Chief Underwriting Officer-Reinsurance

8 January 2008

ATLANTA – Catlin Group Limited (‘CGL’; London Stock Exchange), the international specialty property/casualty insurer and reinsurer, announces that Joseph Horan has been appointed Chief Underwriting Officer-Reinsurance for Catlin US.

He will succeed Andrew Englesbe, who has been appointed Director-Reinsurance, responsible for strengthening Catlin US’s customer relationships.

Catlin US, headquartered in Atlanta, encompasses all of the Catlin Group’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 offices throughout the country.

In his new position, Joe Horan will be responsible for the reinsurance operations of Catlin US, which include property facultative, property treaty, marine treaty, brokerage facultative, accident and health/workers compensation, and Latin American/Caribbean underwriting units.  He will also become a member of the Catlin US executive committee. He will be based in Summit, N.J.

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

“I am pleased to announce that Joe Horan has been appointed as Chief Underwriting Officer-Reinsurance.  Reinsurance is a major portion of Catlin US’s business, and I am confident that this business will continue to grow and prosper under Joe’s leadership. 

“I am also happy to announce Andy Englesbe’s new role within Catlin.  Andy has done a great job as Chief Underwriting Officer-Reinsurance, but was looking to transition into a different role.  Andy will continue to be a strong technical resource as well as strengthen relationships with our clients.”

Joe Horan has most recently been a executive with Catlin US’s accident and health underwriting team.  He began his career with Reliance National Insurance Company, and has held various  underwriting and executive positions of increasing responsibility.  He was one of the founders in 1999 of Reinsurance Management Group in Summit, N.J..

Andy Englesbe began his career with Fireman’s Fund Insurance Co. and later worked for 22 years at General Re and also at J. Linneman & Co. in both facultative and treaty reinsurance roles. He later joined the US operation of Wellington Underwriting plc, which was acquired by Catlin in 2006.  He was appointed Chief Underwriting Officer-Reinsurance for Catlin US in June 2007.

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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). Gross premiums written during 2007 exceeded US$3.3 billion. More information about Catlin can be found at www.catlin.com.
2.  

 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 2008 based on premium capacity of £1.25 billion.
  • 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. In addition, Catlin UK underwrites other classes of commercial business which are also written by the Catlin Syndicate.

  • 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 more than 15 offices. Catlin US includes Catlin Insurance Company Inc. and Catlin Specialty Insurance Company Inc.

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, Brazil, Australia, Singapore, Malaysia, China, Guernsey, Germany, Belgium, France, Italy, Spain, Switzerland and Austria.

 4.   Catlin Group Limited is the title sponsor of the Catlin Arctic Survey, a major scientific expedition to measure the thickness and density of the permanent ice surrounding the North Pole.  The project’s aim is to determine, with a much greater degree of accuracy, when this ice could disappear as a result of global warming. The Survey, during which three Arctic explorers will trek on foot 1,300 kilometres to the North Pole, will begin in late February 2009.  More information is available at www.catlinarcticsurvey.com.