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XL Group’s Bermuda insurance operation’s initiative to help clients in healthcare mitigate risk went live in the wake of the The Patient Protection and Affordable Care Act (ACA), otherwise known as Obama Care, becoming law in the United States. Wesl...

XL Group’s annual earnings topped $1 billion for 2013, up more than 60 percent from the previous year. The global business insurer’s CEO Mike McGavick described it as “another year of solid progress”. Net income for the year was $1.1 billion, or $3.6...

Bermuda-based New Ocean Capital Management Ltd, the investment management company recently formed by XL, has appointed industry veteran Chris McKeown as its new chief executive officer. The funds of the insurance linked securities-focused company are...

Reinsurance giants XL yesterday posted a net income of $135.6 million for the third quarter of the year, figures from the company revealed. But the firm also recorded natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums of...

XL Group plc has announced a quarterly dividend of $0.14 per ordinary share and dividend of $8.5957 per series D preference ordinary share. The board of directors declared the quarterly dividend on October 24 of $0.14 per ordinary share, payable on t...

Global Arts (Youth Initiatives) Foundation hosted The XL 5th Annual Youth Harvesting Conference “Putting the YOU in University” at the XL offices. Sixty students took part, representing Warwick Academy, Bermuda Institute, CedarBridge Academy, Berkele...

XL Group is holding a seminar today featuring two respected legal experts as well as the re/insurer’s general counsel of Litigation & Compliance director Henry French and regional claims practice leader Nancy Zaharewicz. The half-day seminar, ‘Demyst...

XL Group says July hailstorms in Germany and France cost the company about $60-million before tax. The re/insurer, led by CEO Mike McGavick, said most of the losses were in the reinsurance segment. PartnerRe has previously said it estimated the cost ...

US government aid to crop insurers including Ace, XL and other re/insurers in Bermuda has drawn criticism. As part of a series looking at the US crop insurance programme, Bloomberg says the US government subsidies show how a programme created to safe...