27 Jun 2006 13:26
Catlin Group Limited27 June 2006 27 June 2006 JONATHAN KELLY APPOINTED TO CATLIN GROUP BOARD OF DIRECTORS HAMILTON, Bermuda - Catlin Group Limited ('CGL': London Stock Exchange), theinternational speciality property/casualty insurer and reinsurer, announces theappointment of Jonathan Kelly as a non-executive director, with effect from 27June 2006. Jonathan Kelly is a principal with Capital Z Financial Services Partners, aprivate equity firm based in New York. Prior to joining Capital Z in 1998, hewas a senior vice president in the Investment Banking Division of Donaldson,Lufkin & Jenrette, where he specialised in corporate finance transactions forclients in the insurance and reinsurance industry. Jonathan Kelly was appointed to the Catlin Group's Board of Directors by CapitalZ Catlin Investment Ltd. under a provision in the Catlin Group's bye-laws whichgives certain major shareholders the right to appoint a director for a specificperiod. He succeeds Mark Gormley, the former Capital Z appointee, who retiredfrom the Board effective 27 June 2006. Sir Graham Hearne, chairman of the Catlin Group, said: "I am pleased to welcome Jonathan Kelly to the Catlin Group Board. The Boardwill benefit from Jonathan's past experience advising insurance and reinsurancecompanies. I would also like to pay tribute to Mark Gormley for hiscontributions to the Catlin Group, both before and after our IPO." - ends - For more information contact: Media Relations:James Burcke, Tel: +44 (0)20 7458 5710Head of Communications, London Mobile: +44 (0)7958 767 738 E-mail: james.burcke@catlin.comLiz Morley, The Maitland Consultancy Tel: +44 (0)20 7379 5151 E-mail emorley@maitland.co.uk Investor Relations:William Spurgin, Tel: +44 (0)20 7458 5726Head of Investor Relations, London Mobile +44 (0)7710 314 365 E-mail: william.spurgin@catlin.com Notes to editors: 1. The Catlin Group, headquartered in Bermuda, is an internationalspecialist property/casualty insurer and reinsurer writing more than 30 classesof business worldwide. Catlin wrote gross premiums of $1.4 billion in 2005.Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). 2. Catlin operates four underwriting platforms: • The Catlin Syndicate at Lloyd's of London (Syndicate 2003), which is one of the largest syndicates at Lloyd's based on 2006 premium capacity of £450 million. It is a recognised leader of numerous classes of specialty insurance and reinsurance. • Catlin Bermuda (Catlin Insurance Company Ltd.), which underwrites property treaty and casualty treaty reinsurance and property and casualty insurance. • Catlin UK (Catlin Insurance Company (UK) Ltd.), which specialises in underwriting commercial non-life insurance for UK clients. It also writes other classes of business written by the Catlin Syndicate. • Catlin US (American Indemnity Company, to be renamed Catlin Insurance Company Inc.), which specialises in underwriting commercial property/ casualty insurance for US clients. The Catlin Syndicate, Catlin Bermuda and Catlin UK have financial strengthratings of 'A' (Excellent) from A.M. Best Company. Catlin Bermuda and Catlin UKhave insurance financial strength ratings of 'A-' (Strong) from Standard &Poor's, whilst the Catlin Syndicate has a Lloyd's Syndicate Assessment of '4-'(Low Dependency) from Standard & Poor's. 3. Catlin also operates offices worldwide which allow Catlinunderwriters to work closely with local policyholders and brokers. The officesare located in the United States (Atlanta, Houston, New Orleans and SanFrancisco), Canada (Toronto), Australia (Sydney), Singapore, Malaysia (KualaLumpur), Germany (Cologne), Belgium (Antwerp) and Guernsey. Catlin UK hasregional offices in Glasgow, Leeds, Derby, Birmingham and Watford. 4. More information about Catlin can be found on the Group'swebsite: www.catlin.com. This information is provided by RNS The company news service from the London Stock Exchange