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XL Catlin Professional Lines Team New Policy

XL Catlin Professional Lines Team New Policy

XL Catlin’s Bermuda-based Professional Lines Team has launched a new policy that combines Employment Practices Liability [‘EPL”] and Wage & Hour coverage into a seamless option to help clients manage rapidly increasing employer-related risks. “As laws governing the workplace evolve, the employment landscape is rife with litigation pitfalls,”... Read more of this article

XL Catlin Create New D&O Lead Excess Policy

XL Catlin Create New D&O Lead Excess Policy

To address various issues facing brokers and clients in the current M&A environment, XL Catlin’s Professional Lines Insurance Operations in Bermuda have created a new Directors & Officers lead excess Side A Difference In Conditions [DIC] policy. Matthew Irvine, XL Catlin’s Bermuda Professional Lines Chief Underwriting Officer, said:... Read more of this article

XL Catlin: America’s Cup Insurance Partner

XL Catlin: America’s Cup Insurance Partner

XL Catlin and the America’s Cup Event Authority [ACEA] have agreed a global partnership that sees XL Catlin being named the Official Insurance Partner of the 35th America’s Cup and the Presenting Partner of the America’s Cup Volunteer Program. “We’re delighted to welcome XL Catlin to the America’s Cup family,” said Dr. Harvey Schiller,... Read more of this article

XL Catlin Celebrates 10th Global Day Of Giving

XL Catlin Celebrates 10th Global Day Of Giving

As XL Catlin celebrated the 10th anniversary of its Global Day of Giving on September 10th, thousands of XL Catlin’s employees around the world stepped away from their desks to work with non-profit organizations in their local communities on addressing a range of issues including homelessness and hunger, education, unemployment, youth development,... Read more of this article

End-To-End Participants, Supporters Recognized

End-To-End Participants, Supporters Recognized

Some of the standout participants, volunteers and supporters who made Bermuda’s largest and most inclusive charitable fund-raising event a success received awards at a lively outdoor ceremony at the Fairmont Hamilton Princess last month. The ceremony also marked the last time the event will be branded the “Catlin End-to-End”, as title sponsor... Read more of this article

XL Catlin Appoints Head Of Emerging Markets

XL Catlin Appoints Head Of Emerging Markets

XL Catlin announced the appointment of Brendan Plessis to the newly created role of Head of Emerging Markets. In this new position, Mr. Plessis will lead the development of emerging market strategies, partnering with business leaders across XL Catlin to explore and assess both current and new opportunities for continued growth around the world and... Read more of this article

‘Great Races’ At XL Catlin BNAA Championships

‘Great Races’ At XL Catlin BNAA Championships

The XL Catlin Bermuda National Athletics Association [BNAA] Championships were held on June 12 and 13, seeing “many great races, great performances and several personal bests.” BNAA President Donna Watson said, “We could not have asked for better weather and the athletes giving 100 percent. A great addition to this meet was the overseas... Read more of this article

Elite & International Athletes Set To Compete

Elite & International Athletes Set To Compete

With the XL Catlin Bermuda National Athletics Championships set to take place this weekend, Bermuda National Athletics Association President Donna Watson provided an overview of the elite and international athletes who are set to compete. Ms. Watson said, “As we put our final preparations together for the XL Catlin Bermuda National Athletics Championships... Read more of this article

XL Catlin National Championships Announced

XL Catlin National Championships Announced

The Bermuda National Athletic Association have announced a sponsorship partnership with XL Catlin as they have become the title sponsors for the XL Catlin Bermuda National Athletics Championships being held June 12th & 13th. President Donna Watson said, “We have international competitors coming in to compete with the likes of Kyrah Scraders, Sakari... Read more of this article

Shamar Morris Awarded XL Catlin Scholarship

Shamar Morris Awarded XL Catlin Scholarship

The 2015 XL Catlin Scholarship has been awarded to Shamar Morris, a former Somersfield Academy High Honors student and member of the Bermuda High School graduating class of 2015. 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 a degree in... Read more of this article

XL Catlin Seminar On International Arbitration

XL Catlin Seminar On International Arbitration

The Claims Department of XL Catlin’s Bermuda Insurance Operations will host a seminar today [May 13] featuring one of the UK’s top insurance Queen’s Counsel and arbitrators, Gavin Kealey, QC. Mr. Kealey, who is Head of Chambers at 7 King’s Bench Walk in the UK, specializes in all areas of commercial law. He is acknowledged as a leading QC and... Read more of this article

XL Catlin: “Insurance for a Bold New World”

XL Catlin: “Insurance for a Bold New World”

Following the completion of XL Group plc‘s cquisition of Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. As of now, XL’s insurance and reinsurance operations will use the brand name XL Catlin. The parent company will remain XL Group plc. XL Catlin’s CEO Mike McGavick... Read more of this article

XL Ratings Affirmed Following Catlin Acquisition

XL Ratings Affirmed Following Catlin Acquisition

A.M. Best has removed from under review with negative implications and affirmed the financial strength rating [FSR] of A [Excellent] and the issuer credit ratings [ICR] of “a+” of the ongoing property/casualty [P/C] subsidiaries of XL Group plc, based on the recent announcement that XL has closed on the acquisition of Catlin Group Limited. A statement... Read more of this article

XL Group Completes Acquisition Of Catlin Group

XL Group Completes Acquisition Of Catlin Group

XL Group plc has completed the acquisition of Catlin Group Limited following the parties’ previously announced entry into an agreement on January 9, 2015 to acquire all of the capital stock of Catlin to form a combined business . The closing of the transaction follows the receipt of all necessary regulatory approvals, Catlin shareholder approval,... Read more of this article

XL Group To Buy Catlin Group For $4.1 Billion

XL Group To Buy Catlin Group For $4.1 Billion

XL Group today [Jan 9] announced that it has entered into an agreement under which XL will offer to acquire all of the capital stock of Bermuda-based Catlin Group Limited to form a combined business to be known as XL Catlin, with the deal worth approximately $4.1 billion dollars. The transaction is structured as a scheme of arrangement and is expected... Read more of this article

XL Confirm “Preliminary Discussions” With Catlin

XL Confirm “Preliminary Discussions” With Catlin

Following reports they made a $3.9 billion offer to buy Catlin Group, XL Group today [Dec 17] confirmed that it is “engaged in preliminary discussions with Catlin regarding a potential transaction to acquire the company and form a combined entity.” Bloomberg reported that Catlin Group Ltd. said it received a takeover approach from XL valued... Read more of this article