XL News

XL Launches Wage & Hour Liability Insurance Coverage

XL Group’s Bermuda Professional Lines Unit has launched a new insurance product to specifically address the needs of Fortune 500 companies and other large employers potentially exposed to employee compensation and classification disputes. The new Wage & Hour liability insurance …

Best Affirms XL Group’s P&C Subs, XLIT Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of the holding company, XL Group plc, which is based in Ireland, and led by XL …

XL Group Opens New Insurance Office in Lyon France

XL Group plc’s insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and Clotilde Bartok to join the team serving middle market companies in France. Both Mr. Etienne and Ms. …

Re/insurers Increasingly Less Relevant to Global Economy: XL CEO McGavick

XL’s CEO Mike McGavick doesn’t mince words when it comes to looking at the big, and not very pretty, picture of the state of the re/insurance industry. Address emerging risks, innovate, create new products and provide potential insurance buyers with …

XL Group Names Fisher to Lead Canadian Reinsurance Operations

XL Group plc’s reinsurance operations in Bermuda announced the appointment of Tim Fisher as Senior Vice President & Canadian Branch Manager. He reports to Managing Director & Head of Casualty Reinsurance in North America Christopher Buse, and is responsible for …

Earnings Reports: XL Group, Alterra Capital

Selected earnings highlights from the XL Group’s headquarters in Dublin, Ireland for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 *Gross premiums written ———— $1.763651 bn $1.762.443 bn *Net premiums written ————— …

XL Group Launches New Website

XL Group plc announced the launch of its newly redesigned website from its Dublin headquarters. “The new site presents a simplified online presence for XL and features the company’s talent and product offerings through a streamlined and intuitive design,” said …

XL Political Risk, Trade Credit Unit Gets Approval for Lloyd’s Expansion

XL Group announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd’s to write Political Risk and Trade Credit risks using the Lloyd’s platform via XL Group’s Lloyd’s Syndicate #1209. XL also announced the expansion …

XL Group Names Whelley Executive VP- Chief for Human Resources

XL Group plc announced the appointment of Eileen Whelley as Executive Vice President, Chief Human Resources Officer, effective June 18, 2012. She succeeds Elizabeth L. Reeves, who is retiring. Whelley has been Executive Vice President, Human Resources for The Hartford …

Earnings Report: XL Group

Selected earnings highlights from the Dublin, Ireland-based XL Group plc for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 *Gross premiums written ———— $2.4036 bn $2.1967 bn *Net premiums written ————— $2.04172 bn $1.8039 bn *Net …