Hashtag: #XLCatlin

NPD Partners With BNT To Honour XL Catlin

NPD Partners With BNT To Honour XL Catlin

The Association of Fundraising Professionals of Bermuda recently partnered with the Bermuda National Trust to plant a tree at the Higgs Nature Reserve to honour the XL Catlin Foundation, saying “both XL and Catlin, and now the combined company, have a long history of philanthropy in Bermuda.” A spokesperson said, “NPD celebrates the... Read more of this article

XL Estimate $1.33B In Losses From Hurricanes

XL Estimate $1.33B In Losses From Hurricanes

XL Group announced its preliminary estimate of net losses of approximately $1.33 billion relating to Hurricanes Harvey, Irma and Maria. “For the third quarter of 2017, total catastrophe losses including smaller loss events are preliminarily estimated at approximately $1.48 billion,” the company said. “These preliminary estimates are... Read more of this article

XL Catlin Named Bermuda Insurer Of The Year

XL Catlin Named Bermuda Insurer Of The Year

Insurance industry trade publication Reactions magazine has named XL Catlin as the Bermuda Insurer of the Year. Patrick Tannock, XL Catlin Managing Director and Chief Executive Officer of XL Bermuda Ltd, Insurance, was joined by team members Cathy Duffy, Underwriting Manager; Mark Flanagan, Chief Property Underwriter; Carla Greaves, Chief Excess Casualty... Read more of this article

Hailey Quig Selected As 2017 XL Catlin Scholar

Hailey Quig Selected As 2017 XL Catlin Scholar

XL Catlin announced that the 2017 XL Catlin Scholarship has been awarded to Hailey Quig, a graduate of the United World College [UWC] International Baccalaureate [IB] program in Changshu, China. The XL Catlin Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are working toward... Read more of this article

First-Ever Ocean Risk Summit In Bermuda

First-Ever Ocean Risk Summit In Bermuda

High level representatives of governments, the finance sector, the [re]insurance industry, and other sectors will consider specific risks posed by changes in the world’s oceans caused by climate change and other man-made impacts at a first-of-its-kind conference to be hosted in Bermuda in May 2018. A spokesperson, “The Ocean Risk Summit will... Read more of this article

XL Catlin Participate In Global Day Of Giving

XL Catlin Participate In Global Day Of Giving

As this month marks the second anniversary of XL Catlin, its employees around the world, including here in Bermuda, spent on Friday working with non-profit organizations in their local communities. Thousands of XL Catlin employees participated in more than 250 Global Day of Giving projects in more than 60 locations around the world, with efforts starting... Read more of this article

Victor Scott Students Visit XL Catlin’s Office

Victor Scott Students Visit XL Catlin’s Office

A class of 10-to-11-year-old students from Victor Scott Primary School recently experienced life in the corporate world when they were invited to XL Catlin’s Bermuda office to connect with students overseas and discuss their future aspirations. The enthusiastic group of local students began their visit, on May 4th, with a tour of XL Catlin’s 18-feet... Read more of this article

XL Group Announce First Quarter 2017 Results

XL Group Announce First Quarter 2017 Results

XL Group announced their 2017 first quarter results, with net income attributable to common shareholders of $152.8 million, or $0.57 per share, compared to $21.9 million, or $0.07 per share, in the prior year quarter. Commenting on the Company’s performance, Chief Executive Officer Mike McGavick said: “We are pleased to start off 2017 with solid... Read more of this article

XL Group Ltd 2016 Letter To Shareholders

XL Group Ltd 2016 Letter To Shareholders

“We now see exactly the company we’re trying to build creating the difference that it can in the marketplace. We believe we can now drive that result to the bottom line and therefore into rewards for our shareholders,” XL Group Ltd CEO Mike McGavick says in the Company’s 2016 Letter to Shareholders, which is available here. The digital document... Read more of this article

Stephen Catlin To Retire As XL Deputy Chairman

Stephen Catlin To Retire As XL Deputy Chairman

XL Group Ltd announced the retirement of Stephen Catlin, Executive Deputy Chairman, effective December 31, 2017. In connection with his retirement, Mr. Catlin has notified the Company of his intention not to stand for re-election to the Company’s Board of Directors at the upcoming Annual General Meeting scheduled for May 19, 2017. Mr. Catlin will... Read more of this article

Atavus Rugby Return To Bermuda, Hold Sessions

Atavus Rugby Return To Bermuda, Hold Sessions

XL Catlin’s continued sponsorship of a long-term partnership between the Bermuda Rugby Football Union and Atavus, the company co-founded by World Rugby Hall-of-Famer, Waisale Serevi, will see the two-time World Cup winner back on island this week –  the first of three scheduled visits in 2017. Joining Serevi are USA Women’s Head Coach... Read more of this article

XL Obtains Approval For Coverage In Monaco

XL Obtains Approval For Coverage In Monaco

XL Catlin has received approval from the Monegasque Minister of State to issue insurance policies in the Principality of Monaco through XL Insurance Company SE [XLICSE], effective March 10, 2017. The licence allows XL Catlin’s entity XLICSE to offer its products on an admitted basis directly to local brokers and clients. XL Catlin is one of the few... Read more of this article

XL Group $1 Billion Share Buyback Program

XL Group $1 Billion Share Buyback Program

XL Group Ltd announced today that the Board of Directors of the Company approved a new share buyback program, authorizing the Company to buy back up to $1 billion of its common shares. The previous share buyback program, which had approximately $349 million remaining, was canceled. “The Company expects the purchases to be made from time to time... Read more of this article