July 29, 2014
The XL Group announced that its operating net income for the second quarter of 2014 was $279.6 million, or $1.02 per share, which produced “a net loss attributable to ordinary shareholders of $279.3 million including the loss on sale of …
July 22, 2014
After last month’s launch of its cyber liability including professional indemnity coverage for technology companies, XL Group has announced “the launch of a second, more general cyber risks insurance solution serving mid- and large-sized companies across a broad range of …
July 16, 2014
XL Group has appointed Dave Schmitz to lead its global Property Risk Engineering Services, including XL Global Asset Protection Services, a network of risk engineers who provide on-site property risk analysis and support clients’ property loss prevention programs. Schmitz is …
June 19, 2014
XL Group’s global excess casualty team has added Joanne Damsky as a senior underwriter in San Francisco. Damsky reports to Matt Stitham, vice president of excess casualty’s Western zone. Damsky has 20 years of experience in the excess casualty market. …
June 4, 2014
XL Group has hired Aldith “Allie” Townsend as a new underwriter in its railroad business, part of XL Group’s Global Excess Casualty division. Townsend will be based in New York and report to Senior Vice President and Railroad Manager Denise …
May 7, 2014
XL Group announced it has added a Mergers and Acquisitions (M&A) Insurance division to its Financial Lines business and appointed Tim Allen to head the business line as Sr. VP, Global Head of Mergers & Acquisitions Insurance. XL responded to …
May 2, 2014
The XL Group announced from its Dublin, Ireland headquarters that net income for the first quarter of 2014 was $255.7 million, or $0.91 per share, for the quarter on a fully diluted basis, compared to $350.79 million in Q1 2013. …
April 25, 2014
A bulletin from XL Group notes: “As Mexico’s multinational companies continue to take a greater stake in the global market, protecting their assets across borders has become increasingly critical.” In order to beef up the company’s presence in the country …
April 17, 2014
ProHost USA, a Minneapolis, Minn.-based national program administrator specializing in restaurant insurance for 25 years, announced it is partnering with XL Group to provide packaged insurance coverages for fine dining and family restaurants. The exposures faced by high-end restaurants include …
April 17, 2014
Willis Group Holdings has announced the launch of a new product contamination insurance proposition, in partnership with XL Group, Willis Limited’s Food and Drink and Faber Global teams, in association with BRC Global Standards – the world’s biggest provider of …