Catlin Group Limited News

Catlin Announces ‘Scheme of Arrangement’ with XL has Become Effective

The Bermuda-based Catlin Group Limited announced that the “scheme of arrangement under section 99 of the Companies Act 1981 (as amended), pursuant to which XL Group plc has acquired the entire issued and to be issued share capital of Catlin, …

Catlin Completes Disposal of Investment in Box Innovation Group

Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. (CICL), “has completed the sale of its investment in Box Innovation Group Limited (‘BIGL’, trading as ‘insurethebox’) to Aioi Nissay Dowa Insurance Company of Europe Limited (‘Aioi’).” Catlin’s announcement …

Catlin Joins London Natural History Museum’s Major Coral Reef Exhibition

Catlin Group Limited announced that it has joined forces with the Natural History Museum in London to present a major exhibition, which opens today, exploring the importance and beauty of the world’s coral reefs. “The exhibition, ‘Coral Reefs: Secret Cities …

Catlin Insurance to Sell Stake in Box Innovation Group Ltd. to Aioi

Bermuda-based Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. (CICL), has entered into an agreement for the sale of its investment in Box Innovation Group Limited (BIGL), trading as “insurethebox,” to Aioi Nissay Dowa Insurance Company of …

No Change in XL Offer Says Catlin

A spokesperson at Catlin Group Limited’s London office said that the “possible offer” to purchase Catlin made by XL Group, as announced on December 17, was still ongoing, and that no final agreement has yet been reached. The only statement …

Catlin Group Interim Report Shows 11% Hike in Gross Premiums Written

Catlin Group Limited, the Bermuda-based specialty property & casualty insurer and reinsurer, has issued its interim management statement for the nine-month period ended September 30, 2014, which shows premiums reported and not financial results. The interim statement includes the following …

Catlin Seaview Survey Reports Impact of Cyclone Ita on Great Barrier Reef

A report from Catlin Group Limited explains that its Seaview Survey, “using specially developed underwater imaging techniques,” is revealing how Tropical Cyclone Ita impacted exposed parts of the Great Barrier Reef earlier this year. The Catlin sponsored Seaview Survey is …

Verma to Head New Catlin Office in Dubai International Financial Center

Catlin Group Limited has announced the establishment of Catlin Middle East Limited in the Dubai International Financial Centre (DIFC). Catlin Middle East “offers facultative reinsurance to insurers in the Gulf Cooperation Council (GCC) countries, Africa and parts of South Asia,” …

Catlin’s Comments on IPCC Report Stress Need to Minimize Risks

The Bermuda-based Catlin Group Limited has issued a statement following the release of the latest report by the Intergovernmental Panel on Climate Change (IPCC), a scientific intergovernmental body under the auspices of the United Nations. The organization’s Fifth Report on …

Catlin’s Insurance Co. Opens Singapore Branch

The Catlin Group Limited announced the formation of the Singapore Branch of Catlin Insurance Company Ltd. of Bermuda. Catlin Insurance Company Ltd. (Singapore Branch) writes specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region. The Singapore …