Press Releases

Catlin Appoints Martin Zingg as New Chief Investment Officer

4 February 2010

 

HAMILTON, Bermuda – Catlin Group Limited (‘CGL’: London Stock Exchange), the international speciality property/casualty insurer and reinsurer, announced today that Martin Zingg has been appointed chief investment officer of the Catlin Group with effect from 1 March.  He will be based in Catlin’s office in Zurich, Switzerland.

 

As chief investment officer, Martin Zingg will be responsible for investment strategy and the management of Catlin’s US$7 billion in cash and investments.  He will report to Benjamin Meuli, Catlin’s chief financial officer.

 

Martin Zingg has held several investment management and financial positions at Swiss Reinsurance Company, which he joined in September 1995.  He was most recently managing director-asset management and head of private equity in Zurich, responsible for Swiss Re’s alternative investments and for managing the company’s private equity investment portfolio and relationships.  He has held other investment-related positions at Swiss Re in Zurich, Hong Kong and San Francisco.  Before joining Swiss Re, he held banking positions at UBS in Zurich.

 

Catlin Chief Financial Officer Benjamin Meuli said:

 

“I am pleased to announce the appointment of Martin Zingg as Catlin’s chief investment officer.  Martin has acquired a wealth of investment experience and knowledge during his 15 years with Swiss Re, and I believe that he is the ideal person to lead Catlin’s investment management operations.”

 

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For more information contact:

 

 

Media Relations:    
James Burcke,
Head of Communications, London		 Tel:
Mobile :
E-mail:		  +44 (0)20...
 +44 (0)79...
james.burcke@catlin.com
     
Liz Morley, Maitland

Tel:
E-mail:

  +44 (0)20...
emorley@maitland.co.uk
   
Investor Relations:
William Spurgin,
Head of Investor Relations, London

Tel:
Mobile :
E-mail:

  +44 (0)20...
 +44 (0)77...
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 in 2008 exceeded US$3.4 billion. More information 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 was the largest at Lloyd's in 2008 based on fross premiums written of US$2.4 billion. Catlin also operates a life syndicate at Lloyd's (Syndicate 3002).
  • 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. A Guernsey Branch of Catlin Bermuda underwrites life 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 many other classes of commercial insurance.

  • 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 offices throughout the United States. 

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 Australia, Austria, Belgium, Bermuda, Brazil, Canada, China, France, Germany, Guernsey, Italy, Japan, Malaysia, Norway, Signapore, Spain, Switzerland, the United Kingdom and the United States.

 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 help scientists determine, with a much greater degree of accuracy, when this ice could disappear as a result of global warming.  More information is available at www.catlinarcticsurvey.com.