Advertise here


Reinsurance News

XL Catlin

XL Catlin expands available terrorism insurance limits in U.S. by 25%

20th April 2017

Global insurer and reinsurer XL Catlin has increased its available terrorism insurance coverage limits in the U.S. by 25% to $250 million, in response to continued and growing demand for insurance protection against terror events. Previously a $200 million limit, XL Catlin's standalone Terrorism insurance solution enables U.S. companies to fill any ... Read the full article

XL Catlin names Bewlay as Global Casualty CUO

10th April 2017

Insurance and reinsurance firm XL Catlin has named Nancy Bewlay as Global Chief Underwriting Officer of its Casualty insurance operations, effective April 17th. Bewlay takes on underwriting and portfolio management for all of XL Catlin's Casualty insurance coverages globally in the role, reporting to Neil Robertson, Chief Executive, Insurance Underwriting and ... Read the full article

Reinsurers acting as insurers benefit from dual market insight

6th April 2017

Reinsurers acting as insurers see a dual advantage from moving in closer to the risk, as they benefit not only from higher returns without so many middlemen, but also from receiving full insight into how both insurance and reinsurance lines of business operate. Gregory Hendrick, property/casualty president of XL Catlin, said he ... Read the full article

Stephen Catlin to retire, step down from XL board

5th April 2017

Stephen Catlin has announced his intention to retire and step down from his role as Chairman of the Board of insurance and reinsurance firm XL Group Ltd. Catlin will continue in his role as the Company’s Executive Deputy Chairman until May 15th 2017, after which he will stay on at XL ... Read the full article

SCOR’s Isa Ennadifi joins XL Catlin’s Structured Risk Solutions team

28th March 2017

Insurer and reinsurer XL Catlin has announced that Isa Ennadifi has joined its insurance division from re/insurer SCOR, as Senior Underwriter, Structured Risk Solutions (SRS), effective March 28th, 2017. Ennadifi will be based in XL Catlin's London office, tasked with underwriting non-traditional solutions for captive and corporate clients. She joins XL Catlin's insurance ... Read the full article

XL Catlin names Tuplin International Head of Cyber & Tech, Media & Telecoms

23rd March 2017

Insurer and reinsurer XL Catlin has named James Tuplin Head of Cyber & Technology, Media and Telecoms, International, based in the firm's London office. In his new role Tuplin will be responsible for the underwriting of cyber insurance and professional indemnity insurance for the technology and media sectors. Tuplin has roughly 15 years ... Read the full article

XL Catlin appoints Fischbach to head E&S binding

22nd March 2017

Insurer and reinsurer XL Catlin has announced the appointment of Karl Fischbach in a newly added role, as head of Binding Authority and Brokerage for its Excess & Surplus (E&S) insurance division. Fischbach has been in the insurance and reinsurance industry for 24 years, and assumes his new responsibilities in addition to ... Read the full article

XL Catlin appoints Tim McMahon as Global Chief Underwriting Officer

20th March 2017

XL Catlin today announced Tim McMahon’s appointment to Global Chief Underwriting Officer for Property. McMahon begins his new London-based role from May 1st, heading up the firm’s global property insurance solutions. He is set to work together with XL Catlin’s Global Insurance Underwriting team in sharing management responsibilities for XL Catlin’s global ... Read the full article

XL obtains license to begin operations in Monaco

15th March 2017

XL Catlin has received approval to issue insurance in the Principality of Monaco through XL Insurance Company SE (XLICSE). As of March 10th, the re/insurer can officially begin operations in Monaco, where the firm's become one of the only global re/insurers with approval to offer products to both local brokers and clients under its new license. XL ... Read the full article

XL Catlin promotes Strack to Global Risk Management, regional leadership role

10th March 2017

Insurer and reinsurer XL Catlin has announced the promotion of Angie Strack to Senior Vice President and Underwriting Manager of Global Risk Management, North Central Region. Strack joined XL Catlin in 2011 bringing more than 17 years of experience in underwriting and broker management, which includes ten years of casualty underwriting at ... Read the full article

Padilla joins MS Amlin from XL Catlin as Senior Underwriter, Latin America

6th March 2017

MS Amlin has announced the appointment of Frank Padilla from insurer and reinsurer XL Catlin, as Senior International Casualty Underwriter in Latin America. The new appointment underlines MS Amlin's commitment to the Latin America marketplace and its continued expansion in the region. The firm remains focused on servicing clients locally across Latin America, ... Read the full article

XL expects $75m Ogden Rate hit on UK motor reinsurance book

1st March 2017

XL Group Ltd. said that it estimates the impact of the recent Ogden Rate change to be around $75 million, contained within its UK motor reinsurance book. XL does not underwrite much in the way of UK motor insurance or reinsurance business now, but has some exposure from business underwritten on ... Read the full article

Stephen Robb to succeed Peter Porrino as XL Chief Financial Officer

23rd February 2017

XL Group announced recently that Group Controller Stephen Robb will succeed retiring Peter Porrino as Chief Financial Officer (CFO), effective May 1st, 2017. Following his retirement, Porrino will continue to work as an advisor to Chief Executive Officer (CEO) Mike McGavick on a part-time basis. Commenting on the announcement, McGavick said; “First ... Read the full article

XL Catlin gets IRDAI approval to open India branch

23rd January 2017

XL Catlin’s reinsurance business announced today that the Insurance Regulatory Development Authority of India (IRDAI) has given the reinsurer final permission to open a branch in India. The new branch will offer treaty and facultative reinsurance and is set to open in Mumbai in time for the April 1st renewal period. Mike McGavick, ... Read the full article

XL Catlin names Anne Middleton to lead ceded reinsurance

16th January 2017

Anne Middleton has been named by XL Catlin's P&C Underwriting Capital Management operation as its new Global Head of Placements, Ceded Reinsurance. In the role, Middleton will manage the firm's ceded reinsurance arrangements taking responsibility for overseeing the program, negotiating the terms, structure and pricing of XL Catlin's reinsurance. In the role ... Read the full article

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.