June 16, 2011
Catlin Re Switzerland, the continental European reinsurer of the Bermuda-based Catlin Group Limited, announced that as of July 1, 2011, it will underwrite treaty reinsurance business from a new office in Madrid, focusing on property, casualty and specialty classes of …
June 6, 2011
The Catlin Group Limited announced a “major initiative by the Catlin Syndicate at Lloyd’s and Catlin UK to improve the service provided to brokers.” Catlin explained that as part of the new services its “underwriters in each of its London-based …
May 20, 2011
The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …
May 16, 2011
The Bermuda-based Catlin Group’s interim statement for the first quarter of 2011, highlights a substantial 11 percent increase in gross premiums written to $$1.412 billion from $1.272 billion in Q1 2010. Net premiums earned also rose 11 percent to $882 …
May 12, 2011
Catlin UK, a subsidiary of Catlin Group Limited, announced that it has “teamed with risk mitigation and loss reduction specialist Global Continuity” to include an enhanced disaster recovery plan, “BusinessAssist,” in its property insurance policies tailored for small to medium …
May 11, 2011
Catlin UK, part of the Catlin Group Limited, plans to unveil a new suite of products aimed specifically at UK brokers at this week’s BIBA (British Insurance Brokers Association) conference in Manchester. The products – Catlin Select and Catlin Online …
April 20, 2011
The Bermuda-based Catlin Group Limited announced that its initial estimate of the financial impact of the March 11 earthquake and tsunami that devastated areas of northeast Japan, are expected to be around $200 million, based on total insured losses of …
March 10, 2011
The Bermuda-based Catlin Group Limited announced a preliminary estimate of the financial impact of the February 22nd earthquake, which occurred near Christchurch, New Zealand, of approximately US$125 million, net of reinsurance and reinstatements. The magnitude-6.3 earthquake resulted in more than …
February 15, 2011
Atlanta-based Catlin US has appointed Steven Ensign as director of the Direct Property Facultative Department for its reinsurance operations in Hartford. Ensign has been with the Catlin Group and predecessor companies since 1999, performing a variety of roles within the …
February 10, 2011
The Bermuda-based (London headquartered) Catlin Group Limited reported net profits before tax in 2010 of $406 million, compared to $603 million in 2009, primarily due to a significant increase in catastrophe losses last year. However the group’s combined ratio rose …