Catlin Group founder Stephen Catlin is expected to make approximately £20m from the company’s flotation on the London Stock Exchange, claimed a report.
It said the flotation would value Catlin’s stake in the company at £20m. Catlin founded the insurance company 20 years ago with £25,000.
He said there was investment demand for strong insurance companies and that the business had grown to such a size that it needed more funds to continue its growth, said the report.
The company, which raised £264m of private equity in 2002 and plans to raise up to £191m from the IPO, claimed the report.
It is expected to be worth between £700m and £800m once the flotation is completed.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
