The Catlin Group subsidiary Catlin UK has been officially authorised in the UK by the FSA.
The new company will underwrite all business previously underwritten by Catlin Bermuda's UK branch office, which also traded under the name of Catlin UK.
The company will begin writing business on 1 May 2005.
AM Best today assigned a financial strength rating of ‘A' (excellent) to Catlin UK, the same rating assigned to Catlin Bermuda and the Catlin Syndicate at Lloyd's of London.