Results of Catlin Group Limited AGM Voting
7 June 2006
HAMILTON, Bermuda - All of the resolutions proposed at Catlin Group Limited's Annual General Meeting, held on Tuesday 6 June 2006 in Bermuda, were duly passed by shareholders. Proxies were received in respect of 106,686,979 common shares, representing 65% of the shares in issue. The results of the proxy voting on each resolution were as follows:
| Resolution |
Votes For |
Proxy Holder's Discretion |
Votes Against |
Votes Withheld | |
| 1. | To receive the Annual Report and Accounts |
101,973,029 |
2,750 |
345.103 |
4,360,187 |
| 2. | To approve the Directors' Remuneration Report |
101,641,743 |
2,750 |
3.978,0120 |
1,058,465 |
| 3. | To re-appoint PricewaterhouseCoopers LLP as Auditors |
106,611,337 |
2,750 |
66,892 |
0 |
| 4. | To authorise the Board to establish auditors' remuneration |
106,611,337 |
2,750 |
66,892 |
0 |
| 5. | To declare a final dividend |
105,241,078 |
2,750 |
121,997 |
1,315,153 |
| 6. | To elect Mr Michael Harper |
105,856,563 |
2,750 |
821,666 |
0 |
| 7. | To elect Mr Jean Claude Damerval |
105,856,563 |
2,750 |
821,666 |
0 |
| 8. | To re-elect Sir Graham Hearne |
104,033,390 |
2,750 |
1,556,971 |
1,087,867 |
| 9. | To re-elect Mr Michael Crall |
103,534,268 |
2,750 |
2,644,838 |
499,122 |
| 10. | To re-elect Mr Richard Haverland |
103,534,268 |
2,750 |
|
499,122 |
| 11. | To re-elect Mr Michael Hepher |
103,743,268 |
2,750 |
2,435,838 |
499,122 |
| 12. | To authorise the Board to allot shares |
102,192,713 |
2,750 |
2,435,838 |
0 |
| 13. | To disapply pre-emption rights in limited circumstances |
106,662,488 |
18,419 |
0 |
0 |
| 14. | To authorise market purchases of shares in limited circumstances | 106,620,897 |
28,940 |
0 |
31,142 |
Resolutions 1-12 were ordinary resolutions and Resolutions 13 and 14 were special resolutions. A copy of the resolutions have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility at:
Financial Services Authority
25 The North Colonade
Canary Wharf
London E14 5HS
- ends -
For more information:
| Media Relations: | ||
| James Burcke, Head of Communications, London |
Tel: |
+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: |
+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, 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 and San Francisco), Canada (Toronto), Australia (Sydney), Singapore, 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. |