Reinsurance News

XL Catlin

XL Catlin bolsters Global Excess Casualty Insurance team with two key appointments

5th June 2018

XL Catlin has further strengthened its Global Excess Casualty Insurance team following the dual appointments of Donnacha Smyth as President, Global Excess Casualty Insurance and Carla Greaves as Chief Underwriting Officer (CUO), Global Excess Casualty. Smyth, who has served a number of positions with the firm since 2007, is set to ... Read the full article

XL Catlin appoints new Client & Distribution Leader for Asia

4th June 2018

XL Catlin has appointed Zoe Xie as Client & Distribution Leader for Asia, in a role which will see her deliver client and broker strategies for Singapore and Hong Kong businesses. Xie joins the Singapore-based position from insurance firm Willis Tower Watson, where she spent over 4 years occupying various roles, ... Read the full article

XL Catlin launches visitor attraction coverage, expands War, Terrorism & Political Violence team

24th May 2018

With the announcement of Leisure Protect, XL Catlin has recognised the vulnerability of mid-to-large scale visitor attractions to a diverse range of injury and security-related incidents and threats, all of which pose serious risks to the enjoyment and safety of the large crowds in attendance. With location limits of up to $25 ... Read the full article

Global M&A insurance capacity extended by XL Catlin

17th May 2018

In an effort to better address the transactional liability insurance needs of clients, brokers and other deal professionals, XL Catlin has announced an extension of its global Mergers and Acquisitions (M&A) capacity by 20% to $60 million. XL Catlin offers M&A insurance for a number of risks associated with mergers and ... Read the full article

XL Catlin develops new solutions for autonomous technology industry

16th May 2018

XL Catlin has developed a new insurance solution that supports the design, development, testing, and implementation of autonomous technologies, and has established a new Global Autonomy Centre of Excellence. Available globally, the new solution aims to provide cover for all sectors of the autonomous technology industry, and can be tailored to ... Read the full article

XL announces leadership changes as it prepares for AXA integration

15th May 2018

Global insurer and reinsurer XL Group has announced a range of leadership changes within the XL Catlin Insurance Leadership Team, and the XL Group Leadership Team, in preparation for its planned integration with the AXA Group. Firstly, reinsurance operations will continue to be led by Charles Cooper. Within Insurance, XL Group ... Read the full article

XL Catlin names Brent Hoffman as Global Head of Claims

11th May 2018

Global insurer and reinsurer XL Catlin has announced the appointment of Brent Hoffman as Global Head of Claims, effective immediately. Hoffman will be responsible for leading claims teams across XL Catlin, and will report to Paul Jardine, XL Catlin’s Chief Experience Officer. Having joined XL in 2014, Hoffman most recently served the ... Read the full article

XL Catlin expands North America Construction team

9th May 2018

Global insurer and reinsurer XL Catlin's North America Construction insurance unit has announced the launch of a new underwriting hub in San Francisco, as it looks to position resources closer to brokers and construction sector clients. As well as the expansion, the firm has announced the appointment of Charles Marmolejo as ... Read the full article

XL Catlin binds first political risk policy on London market’s PPL

23rd April 2018

Bermuda-based XL Catlin has become the first insurer to bind a political risk policy on the London Market Group's (LMG) electronic placing platform, PPL, the company has announced. PPL, the London market’s electronic placing platform, went live in July 2016, and recently announced the addition of Accident & Health (A&H) ... Read the full article

AIG appoints XL Catlin’s Vidovich as Chief Claims Officer

16th April 2018

American International Group (AIG) has announced that Anthony Vidovich, current Head of Claims at XL Catlin, is to become its new Chief Claims Officer, General Insurance. Vidovich will now be responsible for guiding the strategic direction of General Insurance Claims at AIG, overseeing governance and policy, settlement authorities, claims handling, and ... Read the full article

XL Catlin partners with Praedicat to address evolving casualty risks

6th April 2018

XL Catlin has enlisted Praedicat, an InsurTech analytics company, to help address changing liability insurance and reinsurance needs using its emerging risk models and software for casualty re/insurance. The companies have agreed to work together on a multi-year basis, and will utilise Praedicat’s latency risk model and mass litigation scenarios, its ... Read the full article

XL Catlin adjusts global Life, Accident and Health team

4th April 2018

XL Catlin has made changes to the global Life, Accident and Health team of its insurance operations with the promotion of several existing members and the appointment of new roles. Simon Hearn has been promoted to Head of Life and Wholesale Accident & Health in the UK, and, in addition to ... Read the full article

XL Catlin and RedSeal launch risk analysis tool for cyber insurers

29th March 2018

Insurer and reinsurer XL Catlin and RedSeal have launched a risk analysis tool for cyber insurers with a dynamic measure of resilience to gauge risk and improve cybersecurity and insurance terms. The risk analysis objectively measures a network's resilience to help underwriters more thoroughly evaluate their clients’ risks over time, while ... Read the full article

XL Catlin adopts online marine claims reporting tool for North America

23rd March 2018

XL Catlin has adopted an online claims reporting tool to enhance marine insurance claims reporting in North America. Powered by RightIndem, XL Catlin’s new reporting tool streamlines the notification of loss process, enabling clients to immediately share details and visual information about an incident to start the claims management process. Anne Marie Elder, ... Read the full article

XL Catlin reveals new Brexit continuity clause

19th March 2018

XL Catlin’s London-based re/insurance operations have announced that an innovative new contract clause will be added to their policies to address concerns that continuity may be affected by the UK’s anticipated departure from the European Union (EU). The clause, which will factor in uncertainties like loss of passporting rights, will be ... Read the full article

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