Catlin Syndicate Forecast

Catlin Group Limited
28 May 2004



28 May 2004                           
                                                                 Release 2004-6
                    
                    CATLIN GROUP ISSUES QUARTERLY FORECASTS
                         FOR CATLIN SYNDICATE AT LLOYD'S

HAMILTON, Bermuda - Catlin Group Limited, the international property and
casualty insurer and reinsurer, has today issued forecasts relating to the 2002
and 2003 years of account of the Catlin Syndicate (Syndicate 2003), which is
managed by Catlin Underwriting Agencies Limited.

The forecasts, which are set out below, are expressed as a percentage of
capacity based on figures as at 31 March 2003:

Year of account    Capacity (£m)    Current forecast (%)   Previous forecast (%)
           2002          £274.6           10.0% - 15.0%           10.0% - 15.0%
           2003          £500.0           13.5% - 18.5%    No previous forecast

The forecast for the 2003 year of account is the first forecast issued and
should be treated as preliminary as a considerable amount of business written in
the 2003 year of account remains on risk.

                                    
For more information contact:

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

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



Information About Catlin Group Limited

The Catlin Group, headquartered in Bermuda, is a publicly listed, property/
casualty insurer and reinsurer writing more than 30 classes of business
worldwide. Catlin wrote gross premiums of $1.2 billion in 2003.

Over its 20 year history, Catlin has demonstrated a forward looking approach to
business, including a realistic and flexible approach to underwriting cycles.
The Group has consistently produced superior financial results and offers
policyholders excellent financial security.

The Group's three underwriting platforms are:

• The Catlin Syndicate at Lloyd's (Syndicate 2003). Syndicate 2003, which is
  entirely funded by Catlin, is the ninth largest syndicate at Lloyd's based on
  2004 stamp capacity of £500 million ($895 million). The syndicate writes a 
  wide range of specialty property and casualty insurance and reinsurance.

• Catlin Bermuda (Catlin Insurance Company Ltd.). Catlin Bermuda, which
  began underwriting in 2002, writes property and casualty treaty reinsurance,
  structured risk and other coverages.

• Catlin UK (the UK Branch of Catlin Insurance Company Ltd.). Catlin UK,
  which began underwriting with effect from January 2004, underwrites property,
  general liability, professional indemnity, directors' and officers' liability
  and crime insurance for UK businesses on a stand-alone basis. It also writes
  other classes of business in parallel with the Catlin Syndicate.

Catlin has also established a network of international offices, aiming to work
as closely as possible with brokers and their clients on a local level. Catlin
has offices in the US (Houston and New Orleans), the UK (Glasgow, Leeds and
Derby), Singapore, Malaysia, Germany and Australia. These offices act as
liaisons with local clients and, in many cases, underwrite business on behalf of
the Group's underwriting platforms.

Catlin shares are listed on the London Stock Exchange under the symbol 'CGL'.

More information about the Catlin Group can be found at www.catlin.com.






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