Chris Fischer Hirs, the head of Allianz SE’s specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. “Hedge funds bring capacity to the market,” Fischer Hirs said …
XL Catlin and Financial Risk Solutions, Inc. have entered an exclusive underwriting agreement to offer Chill-Pro contractual liability insurance coverage for heating ventilation and air conditioning (HVAC) contractors in the US. Chill-Pro is a national insurance program that provides service …
XL Catlin announced the appointment of Brendan Plessis to the newly created role of head of emerging markets. In this new position, Plessis will lead the development of emerging market strategies, partnering with business leaders across XL Catlin to explore …
XL Catlin’s Cyber & Technology insurance business in North America is adding additional computer forensic and legal resources to its network of breach response specialists to help clients respond to breach incidents. XL Catlin’s newest breach response partners include Mandiant, …
XL Catlin announced the promotion of Joe Blenkinsopp to the position of chief underwriting officer for its Political Risk and Trade Credit (PRTC) team. Blenkinsopp assumes the role with immediate effect, having previously held the position of deputy global head …
Abundant capacity and strong competition have contributed to a favorable marketplace for buyers of political risk insurance globally, according to Marsh’s “Political Risk Market Update,” published this month. Despite growing concerns about global political and credit risks and a recent …
XL Catlin announced that its product recall insurance team in Asia has launched “Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global communications company Bell Pottinger. With established networks in …
The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries, CEO, Atrium Underwriters Andrew McMellin, chief executive – UK & Ireland, XL …
XL Group plc, the insurer that acquired Catlin Group Ltd., named Citigroup Inc. veteran Eugene McQuade as chairman as the company prepares for increased regulatory scrutiny. McQuade, a director since 2004, replaces Robert Glauber, who had been chairman since 2009 …
Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing campaign, reflecting the greater scale, ambition …
