Magazine date:
Jan 2011 The Bermudan Catlin has obtained license from the Swiss authorities to underwrite reinsurance business from the Swiss territory. The new entity, based in Zurich, is dotted with a capital of 1.1 billion USD. Catlin has over 50 subsidiaries in over 20 countries and generates a turnover of 3.7 billion USD. The reinsurer is particularly active in marine and aerospace risks.