XL News
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
With Merger Complete, XL Catlin Debuts
XL Group Plc.'s approximately $4 billion deal to buy Catlin Group Ltd. closed on May 1. Beginning Monday, May 4, the global insurer and reinsurer debuts a new name: XL Catlin. "After nearly two years ...
Berkshire, Ironshore in E&S Top 10; XL Catlin May be Next: SNL Data Analysis
Berkshire Hathaway and Ironshore were among the top 10 writers of U.S. excess and surplus lines business in 2014, according to data compiled by SNL Financial. XL Group and Catlin Group haven't made ...
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...
Who Can You Trust? Execs Wary of Alternative Capital
Amping up the drumbeat on potential problems with alternative capital providers, reinsurance industry executives aired critical views about their enduring competitors recently with words like ...
XL Group Tags Four for Scottsdale E&S Launch
XL Group has launched a regional underwriting operation in Scottsdale, Ariz., the carrier announced last week, saying that it would be staffed by four former underwriters of Scottsdale Insurance— ...
Dewey Ex-Chairman Agrees To Proposed Settlement To Resolve Claims
The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee and insurer to resolve claims that bad management led to ...