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XL Catlin has opened a new office in Washington DC, and also reported a doubling of its gross written premiums for construction business insurance in the USA. The Bermudian-headquartered group’s Political Risk, Credit and Bond Insurance team has open...

A new book by Stephen Catlin, one of the Bermuda insurance industry’s best known leaders, hits bookstores today. In it the founder and former chief executive officer of Catlin Group Ltd provides unique insights into the inner workings of the commerci...

A first-of-its-kind conference to be held in Bermuda bringing together representatives of governments, the finance sector and the insurance industry. Specific risks posed by changes to the world’s oceans caused by climate change and other man-made im...

Artificial intelligence, insurtech and crewless ships are technological advancements that pose opportunities and risks for businesses, including insurers and reinsurers. Concepts that were once the realm of science fiction are now a reality, and they...

Bermudian-based XL Group yesterday priced a public offering of €500 million ($557.6 million). The notes, issued by XL Cayman, will yield 3.25 per cent during the fixed-interest period of ten years and a floating rate thereafter and will fall due in 2...

Almost 45 years since he started at “the bottom of the pile” at Lloyd’s of London, with little more than an ink dip pen and some blotting paper, Stephen Catlin will next week begin the process of retiring from XL Catlin. He will relinquish his positi...

A multiyear spell of pricing pressure continues to drag on the insurance and reinsurance sector, but it has not stopped XL Catlin from finding “lots” of pockets of opportunity. The Bermudian-based company is benefiting from broadening its product off...

Global insurer and reinsurer XL Catlin last night posted profits of $152.8 million for the first quarter of the year. The figure is nearly $140 million up on the same period last year and equal to 57 cents per share, compared to 7 cents in the first ...

Bermudian-based insurance giant XL Catlin is to take part in a hi-tech project to run a fleet of driverless cars between London and Oxford in England. Now it plans to trial six autonomous vehicles around 60 miles between the two cities by 2019. Richa...

In a letter to shareholders of XL Catlin, Mike McGavick said the company is in a positive place and benefited from its bigger and more diverse portfolio last year as the insurance industry faced pricing headwinds and a number of natural catastrophes....

Stephen Catlin, one of the Bermuda insurance industry’s best known leaders, is to retire at the end of this year from XL Catlin, the company announced today. Mr Catlin, who is the Bermudian-based insurer’s executive deputy chairman, has notified XL t...

The chief executive officer of XL Catlin has dismissed speculation linking him with the vacant CEO’s role at American International Group. In an internal company e-mail, Mike McGavick made clear that he had no intention of leaving the island-based b...