New CEO Catlin US

Catlin Group Limited
09 March 2006

9 March 2006


                         CATLIN GROUP LIMITED APPOINTS
                RICHARD BANAS AS PRESIDENT AND CEO OF CATLIN US

HAMILTON, Bermuda - Catlin Group Limited ('CGL': London Stock Exchange), the
international property and casualty insurer and reinsurer, announces the
appointment of Richard Banas as president and chief executive officer of Catlin
Inc, the Group's US subsidiary.

Rich Banas will be responsible for the operations of Catlin Insurance Company
Inc, which upon regulatory approval will become the Group's fourth underwriting
platform. The company, which will be domiciled in Texas, will write specialty
classes of property/casualty insurance for US policyholders which require
coverage on an admitted basis. Catlin currently underwrites US business on a
non-admitted basis (surplus lines, excess, exempt and reinsurance).

Catlin last year reached an agreement to acquire a shell property/casualty
insurance company, which will be renamed Catlin Insurance Company Inc., subject
to regulatory approvals and the completion of the acquisition, both of which are
expected shortly. Once operational, the company will underwrite specialty
classes of business consistent with the classes in which the Group already
specialises,.

Stephen Catlin, chief executive of Catlin Group Limited, said:

   'I am delighted to welcome Rich Banas to Catlin. The creation of Catlin US
   offers Catlin tremendous underwriting opportunities in the world's largest
   insurance market. Rich's background and experience in specialty insurance
   underwriting makes him the ideal person to lead the establishment of Catlin 
   US as a leading admitted specialty insurer.'

Richard Banas has held several executive positions with insurers in the United
States. He most recently was executive vice president and chief underwriting
officer of XL Professional Lines. He previously served as chief underwriting
officer for XL's global insurance operations.

He has also served as a Managing Director of One Beacon Insurance Group and as
senior vice president and chief insurance operating officer at CGU - North
America. He held various underwriting and business development responsibilities
at St. Paul Fire and Marine Insurance Company, where he worked for more than 20
years.

Catlin currently operates three underwriting platforms:

• The Catlin Syndicate at Lloyd's of London (Syndicate 2003), which is one
  of the ten 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 property, general liability, professional indemnity,
  directors' and officers' liability and commercial crime insurance for UK
  clients. It also writes other classes of business written by the Catlin
  Syndicate.

Besides its offices in London and Bermuda, Catlin also operates offices around
the world which allow Catlin underwriters to work more closely with local
policyholders and brokers. The offices are located in the United States
(Houston, New Orleans and San Francisco), Canada (Toronto), Australia (Sydney),
Singapore, Malaysia (Kuala Lumpur), Germany (Cologne), Belgium (Antwerp) and
Guernsey. Catlin UK has regional offices in Glasgow, Leeds, Derby, Birmingham
and Watford.


                                    - ends -


For more information contact:

Media Relations:
James Burcke, Head of Communications        Tel:    [phone]
                                            Mobile: [phone]
                                            E-mail: [e-mail]

Liz Morley, The Maitland Consultancy        Tel:    [phone]
                                            E-mail: [e-mail]

Investor Relations:
William Spurgin, Head of Investor
Relations                                   Tel:    [phone]
                                            Mobile: [phone]
                                            E-mail: [e-mail]


Notes to editors:

1.  The Catlin Group, headquartered in Bermuda, is an international
specialist property/casualty insurer and reinsurer writing more than 30 classes
of 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.  All three Catlin underwriting platforms have a financial strength
rating of 'A' (Excellent) from A.M. Best Company.

3.  'Catlin US' refers to the various components of the Catlin Group's US 
operations.

4.  More information about Catlin can be found on the Group's
website: www.catlin.com.




                      This information is provided by RNS
            The company news service from the London Stock Exchange