Catlin Group Limited : Catlin forms partnership with crisis management consultants

HAMILTON, Bermuda - Catlin Group Limited ('CGL'; London Stock Exchange), the international specialty property/casualty insurer and reinsurer, today announces that it has formed a partnership with two specialist risk management consultancies that will enhance the services it offers to clients with hijack, kidnap, extortion and wrongful detention exposures.

The partnership with Drum Cussac and Compass Risk Management, which commenced on 1 January 2012, is designed to ensure that "our clients have access to the highest-quality response, prevention and maritime intelligence service, 24/7 wherever they operate," said Peter Dobbs, head of Catlin Asset Protection in London.

Over the past decade Drum Cussac has developed an international reputation for its understanding of maritime protection supported by a dedicated Maritime Operations Team and a purpose-built response centre based in Poole, UK. Jeremy Stampa Orwin, managing director of Drum Cussac, commented: "We are excited to be working with Catlin and Compass and look forward to developing a long and productive relationship together." 

Compass Risks Management specialises in the prevention and safe resolution of incidents of maritime piracy, kidnap and extortion. Leslie Edwards, managing director of Compass Risk Management, said: "We are delighted to have been selected by Catlin to work with Drum Cussac in providing an all-round service to ship owners and other insured clients."

For more information contact: Media relations

James Burcke, Head of Communications, London

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Investor relations

William Spurgin, Head of Investor Relations, London

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Notes to editors:

1. Catlin Group Limited, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer writing more than 30 classes of business worldwide through six underwriting hubs. Gross premiums written in 2010 amounted to US$4.1 billion.
2. Catlin has established operating hubs in London, Bermuda, the United States, the Asia-Pacific region, Europe and Canada. Through these hubs, Catlin works closely with policyholders and their brokers. The hubs also provide Catlin with product and geographic diversity. Altogether, Catlin operates more than 50 offices in 20 countries.
3. Catlin's underwriting units are rated 'A' by A.M. Best and Standard & Poor's.Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). More information about Catlin can be found on our  pages.
4. Drum Cussac is a leading business risk consultancy and market leader in anti-piracy and maritime security, providing specialist advice and security solutions globally to commercial vessels, offshore operators, super-yachts and port facilities. Drum Cussac provides a comprehensive and highly sophisticated range of vessel monitoring services which not only mitigates the risks for vessels but also indicates any changes in the threat profile as their transit progresses. Drum Cussac is certified by TRANSEC; accredited by the Maritime and Coastguard Agency (MCA); recognised by Bureau Veritas, a training partner to the International Maritime Organisation (IMO); and a member of the Security Association for the Maritime Industry (SAMI). More information can be found at .
5. Compass Risk Management Ltd consultants have been involved in 12 negotiations with pirates and kidnappers on both the East and West coasts of Africa since 2006. Compass has an exemplary track record and reputation in this field. In 2011 Compass Risk Management assisted ship owners in negotiations with Somali pirates for the safe release of three vessels and their cargoes and 71 crewmen - all achieved without messy or high risk complications. Compass staff members have a combined collective experience of more than 60 years of crisis management consultancy, which includes advising on more than 80 kidnap cases in Africa, Asia, the Middle East and Latin America. More information can be found at .