Insight and Intelligence on the Global Facultative Markets

5 February 2012

News Digest

12 July 2010

Catlin to establish $1bn Swiss operation
Lloyd's (re)insurer Catlin is set to invest $1bn in forming a reinsurance arm in Switzerland, which will initially focus on trade credit, political risk and surety reinsurance lines.
The (re)insurer - the largest in Lloyd's by stamp capacity - has applied to the Swiss regulator to establish the new Zurich-based operation, and will also apply to the Bermuda regulator to establish a branch of Catlin Re Switzerland.
Regulatory approval is anticipated in the second...

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