Hashtag: #XLCatlin
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
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
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 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 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
Corporate Misconduct Investigations Coverage
XL Catlin’s Bermuda-based Professional Lines Team has enhanced its Directors & Officers coverage to “address U.S. federal law enforcement’s increasing investigations of corporate misconduct allegations against Directors and Officers of private and public companies.” The D&O Corporate Misconduct Investigations Endorsement, developed... Read more of this article
XL Get Approval For Reinsurance Branch In India
XL Catlin’s reinsurance business group has received final approval from the Insurance Regulatory Development Authority of India [IRDAI] to open an onshore reinsurance branch office of XL Insurance Company SE [XLICSE] in India. The operation, which will be based in Mumbai and provide treaty and facultative reinsurance, will be led by Joseph Augustine... Read more of this article
XL Catlin Tops Advisen’s Pacesetters Index
XL Catlin has earned the top spot on Advisen’s Annual Pacesetter Index for its work in insurance innovation, having introduced 33 new property, casualty, professional or specialty insurance coverages, risk management services or coverage enhancements in 2016. Greg Hendrick, XL Catlin’s President, Global Property & Casualty noted, “We have... Read more of this article
XL Catlin Appoints Dr. Karna: Chief Data Officer
XL Catlin announced today [Jan 17] the appointment of Dr. Henna A. Karna as Chief Data Officer. Dr. Karna, who will start with the Company later this month and report to XL’s Chief Platform Officer, Myron Hendry, has more than 20 years of experience in leading data-driven, digital innovation and positive disruption within the insurance industry. Dr.... Read more of this article
XL Announces Reinsurance Leadership Changes
XL Catlin’s reinsurance operations announced two key leadership appointments, both effective January 2017. Jonathan [Jon] Gale, currently Chief Executive London Reinsurance, will take over as Chief Executive Bermuda Reinsurance subject to Bermuda Immigration approval, while Rob Littlemore, currently Underwriting Director London Reinsurance, is being... Read more of this article
XL Appoints Keller As Chief Investment Officer
XL Group Ltd. announced that Andre Keller will become its Chief Investment Officer on January 1, 2017, following the retirement of Benji Meuli at the end of this year. Mr. Keller is currently Head of Global Asset Positioning and a Managing Director. He will report to XL’s Chief Financial Officer Pete Porrino and will be based in New York City. Mr.... Read more of this article
XL Catlin Promotes Two In US & Bermuda
XL Catlin’s North America Property Insurance business announced two promotions. William Volz has been promoted to Southern California Regional Underwriting Leader in Los Angeles while Mark Flanagan has been appointed Chief Property Underwriter in Hamilton, Bermuda. According to Michele Sansone, President of XL Catlin’s North America Property business,... Read more of this article
