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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...

Bermuda’s XL Group said it provided Insurance to the railway that had Canada’s worst rail disaster in 27 years. XL Group Plc, which is Dublin-based, said it’s among the insurers of that railroad. A spokesperson for XL in the Bermuda office told The...

XL Group’s Bermuda Excess Casualty Unit has named Wesly Guiteau as senior vice president, Underwriting manager in the insurance operations. Mr Guiteau, who has close to 15 years of industry experience, will report to Chief Excess Casualty Underwriter...

More than 120 of XL’s Bermuda-based employees took part in the re/insurer’s eighth annual Global Day of Giving. They spent Thursday before the holiday working on community projects throughout the island, joining thousands of XL colleagues around the ...