Hashtag: #CatlinGroupLimited
Adrian Spieler To Join Catlin As CAO
Bermuda’s Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announced today [Dec. 21] that Adrian Spieler will join Catlin in February as Group chief administrative officer. In his new role Adrian Spieler will be a member of the Group Executive Committee responsible for information technology, management... Read more of this article
Catlin Hosts London Investor Seminar
Bermuda’s Catlin Group Limited, the international speciality property/casualty insurer and reinsurer, is hosting an Investor Day in London today [Nov.24]. The topics to be covered include capital management and investment strategy. Catlin Group Limited, headquartered in Hamilton, is an international specialist property/casualty insurer and reinsurer... Read more of this article
Catlin Group’s Revenues Rise By 12 Percent
The Bermuda-based Catlin Group Ltd., the third-biggest Lloyd’s of London insurer by market value, today [Nov. 14] said revenue rose 12 percent in the first nine months as it hired additional US underwriters and added reinsurance business at its Swiss unit. Gross written premiums climbed to $3.68 billion in the nine months to September 30 from $3.28... Read more of this article
Bermuda Firm Leads Anti-Piracy Battle
Although Bermuda was known as a haunt of pirates and privateers in the 18th century, the island is now in the forefront of marine insurance solutions which are helping shipping firms combat the 21st century variety of cut-throats. Today’s pirates are an increasingly lethal breed, desperate men from a failed state who have discovered that one... Read more of this article
Catlin End-To-End Seeks Charity Submissions
The Catlin End-to-End, Bermuda’s largest charity fundraiser,is seeking applications from local charities wishing to receive funds from its 2012 event. The annual event, now in its 25th year, raises pledge dollars from more than 2,500 dedicated and generous participants who navigate the roads, waterways and trails of the Island during the first Saturday... Read more of this article
Catlin Bermuda Donates To Chewstick
Catlin Bermuda has made a significant donation to The Chewstick Foundation to aid with operational expenses and to help the fledgling non-profit to continue making a positive impact in the community. “These funds will be applied to supporting The Chewstick Foundation’s facility, staff, and programs and will go a long way towards assisting us in... Read more of this article
Catlin Named Entrepreneur Of The Year
Stephen Catlin, the founder and CEO of the Bermuda-based Catlin Group, has won the Ernst & Young’s 2011 ‘UK Entrepreneur of the Year’ Award. The UK Entrepreneur of the Year competition judges said that Mr Catlin’s drive and vision helped put the Catlin Group in a “premier position in a sector where the UK continues to lead... Read more of this article
A.M. Best Affirms Catlin Insurance Ratings
A.M. Best Europe Rating Services Limited has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Catlin Insurance Company Limited (CICL) (Bermuda), Catlin Insurance Company (UK) Ltd. (Catlin UK) and Catlin Re Switzerland Ltd. (Catlin Re). Additionally, A.M. Best has affirmed the debt rating... Read more of this article
First Half 2011: Catlin Reports $201M Loss
Bermuda-based re/insurer Catlin Group Ltd reported its financial results for the six-month period ended 30 June 2011 today [Aug.4]. Chief Executive of Catlin Group Limited, Stephen Catlin [pictured] said: “The unprecedented series of natural catastrophes during the first half of 2011 caused the Group to report a loss before tax of US$201 million.... Read more of this article
Catlin Posts A First Quarter Premium Spike
Bermuda-based speciality insurer Catlin Group today [May 13] reported an 11 percent increase in gross premiums written to $1.412 billion in the period to end-March. Gross premiums written increased during the period to end-March by 11 percent to $1.4 billion [2010: $1.3 billion]. The percentage increase is virtually identical using constant rates... Read more of this article
Catlin: $200 Million Japan Loss Estimate
Catlin Group Limited, the Bermuda-based property/casualty re/insurer, today [Apr. 19] said its losses related to the Japanese earthquake and tsunami will amount to approximately US$200 million, net of reinsurance and reinstatements. This estimate is based on total insured losses of between US$20 billion and US$30 billion caused by the March earthquake... Read more of this article
Catlin Sponsors Greenrock Garden Program
Greenrock today announced that Catlin Bermuda is the lead sponsor for the Phase II component of its Healthy Harvest project expected to officially rollout this summer. Healthy Harvest, initially created in 2009, is a movement in which Greenrock is trying to revive Bermuda’s local food production and consumption by establishing plots for vegetable... Read more of this article
Catlin: NZ Quake Losses Estimated At $125M
Catlin Group Limited, the Bermuda-based international specialty property/casualty insurer and reinsurer, today [Mar. 10] announced an initial estimate of the financial impact of the 22 February 2011 earthquake which occurred near Christchurch, New Zealand. The magnitude-6.3 earthquake resulted in more than 150 deaths and caused significant damage... Read more of this article
AM Best On Canopius Swiss Move
The announcement by Lloyd’s insurer Canopius Group Ltd. that it will establish a reinsurance operation in Zurich is further recognition of Switzerland’s emergence as a reinsurance centre — and another blow to Bermuda’s reputation as the global domicile of choice for reinsurers, analysts at A.M. Best report. Canopius Europe,... Read more of this article
NZ Quake Rocks Bermuda Reinsurer Shares
Bermuda reinsurers will experience aftershocks from the 6.3-magnitude earthquake which devastated parts of the New Zealand city of Christchurch yesterday [Feb.21], killing more than 60 people. “It is just a scene of utter devastation,” New Zealand’s Prime Minister John Key said. “We may well be witnessing New Zealand’s... Read more of this article
Catlin Group Produces ‘Good Results’
Bermuda based Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announced its financial results for the year ended 31 December 2010. Catlin Group reported a $406 million in profit before tax in the year to end — down from $603 million in December, 2009 – with a 16% return on net tangible assets. There... Read more of this article
