After 44 years in the insurance business, Stephen Catlin is retiring at the end of 2017. While he’ll be retiring from his role as executive deputy chairman of XL Group, he emphasizes that he won’t be retiring from the industry—just entering a new phase of work.

He hasn’t quite figured out what he’ll do, but one thing is clear from interviews and recent speeches: He will not be spending idle days on the golf course. He might start a new company, but it won’t be Catlin 2—another Catlin Group....

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