XL News

XL Appoints Seib as Excess Casualty Team President in New York

XL Group’s North America property/casualty insurance group appointed Lorraine Seib as president of its excess casualty team. Based in New York, Seib will manage XL’s global excess casualty business with underwriting operations in New York, Bermuda, Dublin, London and Toronto, …

XL Hires Three New Underwriting Managers in Hartford

XL Group’s insurance segment hired three new inland marine underwriting managers. The new executives are: Anne Marie Elder as senior vice president, inland marine; Virginia Cameron as senior vice president, marine; and Alexander McGinley as vice president, marine underwriting. Based …

Ratings Recap: BNY Trade, XL [pref. shares]

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based BNY Trade Insurance, Ltd., both with stable outlooks. The ratings reflect BNY Trade’s “strong capitalization, consistently positive operating results, conservative …

Ratings Recap: Rembrandt, XL (notes)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Bermuda-based Rembrandt Insurance Company, Ltd. , a captive operation of Vitol Holding B.V., a global oil …

Best Affirms XL Group, P&C Subs ‘A’ 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 Dublin, Ireland, and is led …

XL Insurance Expands in San Francisco with 2 Appointments

XL Insurance has appointed Marcia Blanco and Ursula Williams to its miscellaneous professional liability (MPL) team in San Francisco. Blanco joins as the national practice leader for all MPL business and new product development to include a custom media insurance …

XL Names 6 to North America Construction Team

XL Insurance has made six key appointments to its North America Construction team that it established a year ago. The latest additions to XL Insurance’s North America Construction team include: Lawrence Lejfer — Vice president and senior underwriter for construction …

XL Insurance Strengthens International Property Business

XL Insurance, the global insurance operations of XL Group, announced changes in its International Property business, which it said are “in line with XL Insurance’s strategy of providing innovative solutions that anticipate and respond to clients’ needs.” XL named Ralf …

XL Names Ribotta to New Global Distribution Post

The XL Group plc announced the appointment of Paolo Ribotta as Head of Global Distribution, a newly-created post. He will be responsible for the performance, direction, growth and support of XL’s global network, and will report to XL’s Chief Executive …

XL Names Mitchell as President of Excess and Surplus Unit

XL Insurance has named Roxanne Mitchell as president of its Excess and Surplus lines unit, reporting to Seraina Maag, chief executive, North America Property & Casualty. Mitchell will be based in XL’s Chicago office. Mitchell joins XL Insurance from Lexington …