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Our history

1984

 

Catlin Underwriting Agencies Limited established at Lloyd’s

1985

Syndicate 1003, managed by Catlin, begins underwriting with premium capacity of £6 million

1988-1992

Catlin produces profitable results each year during a period when the overall Lloyd’s market suffers enormous losses

1993

Catlin acquires operations of Lloyd’s Syndicate 179

1995

10-year period of growth; Syndicate 1003’s premium capacity reaches £170 million

Western General Insurance Ltd. makes substantial private equity investment in Catlin

Lloyd's Syndicate 2003 formed to write coverage on behalf of capital supplied by Catlin in parallel with Syndicate 1003

1999

Catlin Group Limited incorporated in Bermuda as holding company

First offices outside the UK established in Singapore, Kuala Lumpur, Houston and New Orleans

2001

Office opened in Glasgow

2002

Private equity funds invest US$482 million in capital

Second underwriting insurance carrier, Catlin Bermuda, begins underwriting

Catlin Group acquires capacity of Syndicate 1003 from Lloyd's Names and other third-party capital providers and merges Syndicate 1003’s capacity into Syndicate 2003

2003

First European office opened in Cologne

UK offices opened in Leeds and Derby

2004

Initial public offering raises US$182 million in new capital; Catlin shares listed on London Stock Exchange

Third underwriting insurance carrier, Catlin UK, begins underwriting

Office opened in Sydney

2005

Offices opened in Guernsey, Antwerp, Toronto, Watford and Birmingham

2006

Catlin US, the Group's fourth underwriting platform, established to encompass all US-based activities

Offices established in Hong Kong, Calgary, Atlanta and New York

Stock placement raises US$65 million in new capital

Wellington Underwriting plc acquired, nearly doubling Catlin's size and substantially expanding operations and office network of Catlin US

2007

Wellington Syndicate 2020 merged with the Catlin Syndicate (Syndicate 2003), making the Catlin Syndicate the largest at Lloyd’s in terms of gross premiums written; Catlin Underwriting Agencies Limited becomes the largest underwriting agency at Lloyd’s in terms of managed premium volume

Offices opened in Zurich, Paris, Barcelona, Innsbruck and Sao Paulo.  In the US, offices opened in Cleveland (Ohio), Lexington (Kentucky) and Philadelphia (Pennsylvania)

Preferred share issue raises US$600 million

2008

Offices opened in Boston, Woodland Hills (California), Munich and Tokyo

2009

Rights issue raises US$289 million in new capital.
Offices established in Bergen, Bogatá, Hitchin (UK), Genoa, Mumbai, and Rome

2010

Catlin acquires Angel Underwriting Strategic Holdings Ltd, a UK underwriting manager based in Colchester

Offices established in Melbourne, Oslo, Miami, Melbourne, Montreal and Vancouver

2011

Catlin Re opens for business in Zurich

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