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Catlin : new office in Madrid and adds new senior Casualty reinsurance underwriter

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Catlin Re Switzerland will underwrite treaty reinsurance business from a new office in Madrid as of the first of July, 2011. The office will be headed by Julio Sáez, who joined Catlin on 1 June 2011. The Madrid office will complement Catlin’s existing Barcelona office, which will continue to offer direct insurance solutions for the Iberian market.

In addition, Daniel Gantner joined Catlin Re Switzerland as Underwriting Director-Casualty on 1 June. His appointment completes Catlin Re Switzerland’s senior underwriting team, enabling the company to underwrite all major classes of reinsurance (property, casualty, speciality, trade credit and surety).

Peter Schmidt, Chief Executive Officer of Catlin Re Switzerland, said:

“We want to be valued by our clients for our technical expertise, excellent financial strength and our ability to make decisions swiftly. Since we began operations in December 2010, we have been very pleased with how the market has received us.

“The addition of Daniel Gantner allows us to offer comprehensive reinsurance solutions across all lines of business. The opening of the Madrid office under the direction of Julio Sáez demonstrates our confidence in the Iberian market’s long-term prospects and the benefits of maintaining close relationships with our clients.”

Julio Sáez, Branch Manager, will head Catlin’s office in Madrid. He previously served as Head of Engineering and Senior Underwriter at Swiss Re for Spain, Portugal and Latin America. Julio Sáez has been in the insurance industry for 24 years. He is a naval engineer and holds an MBA from the IESE Business School in Madrid.

The Madrid office will underwrite property, casualty and specialty classes of reinsurance business for clients in Spain and Portugal.

As Underwriting Director-Casualty based in Zurich, Daniel Gantner will be responsible for casualty reinsurance underwriting at Catlin Re Switzerland, expanding the company’s range of products into liability, professional lines and motor liability classes. He joins Catlin Re Switzerland from Munich Re, where he most recently served as Casualty Underwriting Consultant. Previously, he was with Swiss Re as Senior Product Manager for casualty with key responsibility for the European and Asian portfolios. Daniel Gantner, who holds a PhD in natural science, has 20 years’ experience in international casualty reinsurance.

Source : Catlin