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Jacob Rosengarten has retired as group chief enterprise risk officer of XL Catlin, the global insurer and reinsurer announced. Fielding “Fid” Norton, who previously held the position of deputy chief enterprise risk officer, has been appointed as his...

With the use of everyday analogies, the concept and possible applications of blockchain were brought into focus at the second annual XL Catlin Cyber Seminar. A short history of the evolution of blockchain and its possible future was presented by Noel...

XL Catlin has been ranked “Highest in Customer Satisfaction among Insurers with Large Commercial Insurance” in the JD Power 2017 Large Commercial Insurance Study. It is the second consecutive year the company has taken the top spot. Greg Hendrick, pr...

Six people have lost their jobs in XL Catlin’s Bermuda reinsurance operations after their positions were made redundant. Responding yesterday to questions from The Royal Gazette, the company stated: “It is standard for global organisations like XL Ca...

Insurers should be ashamed every time a major event results in a large gap between economic losses and insured losses, according to Mike McGavick. Mr McGavick, chief executive officer of Bermudian-based XL Catlin, said one take from Hurricane Maria a...

James Nevels has joined XL Group’s board of directors. His financial services and board experience includes being chairman of The Swarthmore Group, an investment adviser firm he founded in 1991, and as past chairman and lead independent director of T...

Rapidly evolving risks have rendered the insurance industry less relevant, according to Mike McGavick. But the chief executive officer of XL Catlin believes the industry can re-establish its importance in the global economy, if it cuts costs, develop...

Natural catastrophe losses of $1.48 billion took a toll on XL Group’s third quarter performance, with the company reporting an operating net loss of $1.03 billion. Hurricanes Harvey, Irma and Maria accounted for the bulk of the catastrophe losses. XL...

XL Group is to acquire a 20 per cent stake in Mahindra Insurance Brokers Ltd (MIBL), an insurance broker serving rural and semi-urban India. The move will enable XL, which trades as XL Catlin, to support greater insurance penetration in a developing ...

XL Catlin’s insurance operations has launched Private Clients, a suite of coverages specifically designed to address the complex insurance needs of ultra high net worth individuals and their families. Only available through a panel of specialist priv...

XL Group Ltd has estimated net catastrophe losses of $1.48 billion for the third quarter. Most of the losses — about $1.33 billion — were attributed to hurricanes Harvey, Irma and Maria. The announcement comes after the Association of Bermuda Insurer...

XL Catlin’s investor arm is the lead backer of an $11.6 million round of funding for insurtech start-up Slice Lab. XL Innovate is joining Munich Re/HSB Ventures, Sompo, Horizons Ventures, Plug and Play and Tusk Ventures in the backing the young compa...