March 14, 2017
XL Catlin has promoted Angie Strack to senior vice president and underwriting manager for its Global Risk Management division’s North Central Region. Strack will manage and develop XL Catlin’s U.S. risk management business, customizing casualty programs, including workers compensation, general …
March 14, 2017
There were startling colors here just a year ago, a dazzling array of life beneath the waves. Now this Maldivian reef is dead, killed by the stress of rising ocean temperatures. What’s left is a haunting expanse of gray, a …
March 3, 2017
XL Catlin’s insurance companies and Professional Governmental Underwriters Inc. (PGU) have entered into an underwriting agreement to offer public entity management and employment practices liability insurance (EPLI) to public officials, educators and law enforcement agencies in the US. Under the …
March 2, 2017
XL Catlin’s insurance operation in Iberia announced that it is launching five new insurance solutions for financial institutions. The coverage is for directors & officers liability, civil liability, comprehensive crime, private equity / venture capital liability and investment management. “Spain’s …
March 2, 2017
XL Catlin has added a kidnap, ransom & extortion (KRE) crisis endorsement to its general aviation insurance coverage for pilots, aircraft carriers and other aviation companies address global travel safety concerns. With limits of liability up to $1 million, XL …
March 1, 2017
XL Catlin has appointed Gary Shertenlieb as zonal underwriting manager for Global Risk Management in the U.S. central region. Starting in April, Shertenlieb will lead the division’s primary casualty insurance and underwriting operations in the Central United States. He is …
February 24, 2017
XL Catlin has launched a $500,000 fund to support “early career scientists” undertaking research into the changing ocean environment. The XL Catlin Ocean Risk Grants will be awarded to scientists for final year BSc, Masters and PhD research. The fund …
February 13, 2017
XL Catlin has opened a shared services office, covering three floors at DLF World Tech Park in Gurgaon, India. The new office will provide “vital underwriting support, claims administration, actuarial services, finance and accounting for XL Catlin’s teams across the …
February 6, 2017
The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five. Members of the B3i initiative are collaborating to explore the …
January 31, 2017
A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. However, …