Press Release

Tim Burrows Appointed to Boards of Catlin's London Underwriting Operations

HAMILTON, Bermuda – Catlin Group Limited (‘CGL’: London Stock Exchange), the international specialty property/casualty insurer and reinsurer, announced that Tim Burrows, a Catlin underwriting director, will retire at the end of 2007 after more than 36 years in the London insurance market.

The Group also announced that, subject to regulatory approval, Tim Burrows will join the combined Boards of Catlin Underwriting Agencies Limited (‘CUAL’) and Catlin Insurance Company (UK) Limited (‘Catlin UK’) as a non-executive director, effective 1 January 2008.  CUAL manages the Catlin Syndicate at Lloyd’s, which is the largest syndicate at Lloyd’s in terms of premium capacity for the 2007 underwriting year. Catlin UK specialises in underwriting commercial non-life insurance for UK clients through a network of regional offices and also writes other classes of business written by the Catlin Syndicate.

In addition, he will serve as an underwriting consultant to the Catlin Syndicate and Catlin UK following his retirement.

Tim Burrows joined Catlin in December 2006 as a Group underwriting director following Catlin’s acquisition of Wellington Underwriting plc.  He joined Wellington in 1991 as a divisional underwriter for the Energy account and later served as both a director and as chief underwriting officer.  He began his insurance career at the English and American Marine Group in 1971.

Stephen Catlin, chief executive of Catlin Group Limited, said:

"On behalf of the entire Group, I wish to express our appreciation for the contributions to Catlin that Tim Burrows has made over the past nine months.  I am delighted that Catlin will continue to benefit from Tim’s vast underwriting knowledge and experience following his retirement."

For more information contact:

Media Relations:
James Burcke, Tel: +44 (0)20 7458 5710
Head of Communications, London Mobile: +44 (0)7958 767 738
  E-mail: james.burcke@catlin.com
   
Liz Morley, Maitland Tel: +44 (0)20 7379 5151
  E-mail: emorley@maitland.co.uk
   
Investor Relations:
William Spurgin, Tel: +44 (0)20 7458 5726
Head of Investor Relations, London Mobile: +44 (0)7710 314 365
  E-mail: 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. Gross premiums written in 2006 exceeded US$2.6 billion.  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:

    • The Catlin Syndicate at Lloyd’s of London (Syndicate 2003), which 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 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.

    • 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 U.S. 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, Australia, Singapore, Malaysia, Hong Kong, China, Guernsey, Germany, Belgium, France, Spain, Switzerland and Austria.