Reinsurance News
XL Catlin
AXA XL appoints UK CEO for Catlin Underwriting and Insurance
24th September 2018
AXA XL has appointed Paul Greensmith as Chief Executive Officer (CEO) of its legal entities, Catlin Underwriting Agencies Ltd and XL Catlin Insurance Company UK Limited. Greensmith will take over from Paul Jardine, who is due to leave XL Catlin later this year. He will be tasked with developing the strategy ... Read the full article
XL Catlin launches new space insurance solution for satellite and launch exposures
11th September 2018
Global insurer and reinsurer XL Catlin has announced the launch of a new seamless, single policy space insurance coverage for satellite owners, manufacturers and launch providers. The new solution covers all satellite and launch vehicle physical damage exposures from pre-launch to launch activities, through deployment of the spacecraft in orbit, explains ... Read the full article
XL Catlin hires AIG’s Chris Kopser to lead Global Risk Management for North America
21st August 2018
XL Catlin has appointed Chris Kopser, former Global Head of Primary Casualty at AIG, to lead its Global Risk Management Insurance North America Division, effective October 8, 2018. At AIG, Kopser was largely focused on reunderwriting the U.S primary casualty book to improve its profitability, and his global portfolio included Workers ... Read the full article
XL Catlin expands North America excess casualty insurance team
17th August 2018
XL Catlin’s North America Construction business has bolstered its excess casualty insurance team with the appointments of underwriters Jillian Eckert and Laura Travis to its Philadelphia office. “Given the pace of construction activity throughout the Mid-Atlantic states and the size of construction projects throughout the region, the need for quality excess ... Read the full article
XL Catlin to offer first on-demand cyber insurance product
25th July 2018
XL Catlin has partnered with cloud-based Insurtech firm Slice Labs to create what it claims to be the first ever on-demand cyber insurance product for small and medium-sized businesses. The subscription and usage-based product will be built on the Slice Insurance Cloud Services platform and is to include services designed to ... Read the full article
XL Catlin appoints leaders for U.S Multinational Casualty Insurance
12th July 2018
XL Catlin has appointed Stefan Homberger as Head of Multinational Casualty Insurance in the U.S and promoted Arielle Moody to team lead for its U.S Eastern Region Multinational Casualty group. Homberger has worked at XL Catlin for 20 years, having most recently served as Underwriting Manager for Multinational Casualty Programs. Commenting on ... Read the full article
XL Catlin expands aviation insurance product to Mexico
25th June 2018
XL Catlin has expanded its aviation insurance offerings to Mexico and is to initially focus on general aviation hull and liability risks. Having established a presence in Latin America, Brazil, the U.S. and Canada, XL considers this expansion as the next step in aiding general aviation clients manage risk in the ... Read the full article
XL Catlin enters property underwriting agreement with Bamboo Insurance
19th June 2018
XL Catlin has entered into an underwriting agreement with Bamboo Insurance, a new InsurTech-focused program administrator, to provide property insurance in California. Bamboo will offer Home Owners HO-3 and Fire, Dwelling products through the XL Catlin Company, Catlin Insurance Company, Inc. John Welch, Chief Executive, Reinsurance North America at XL Catlin, commented ... Read the full article
XL Catlin appoints Andrew Coutts as Global Practice Leader for Cargo
11th June 2018
XL Catlin has announced the appointment of Andrew Coutts to the position of Global Practice Leader for Cargo. The London-based role will see him responsible for managing its global underwriting team, providing clients and brokers with underwriting and claims service. Coutts joins from Brit Global Specialty, where he served as Cargo ... Read the full article
XL Catlin develops terror cover for auto fleets
8th June 2018
XL Catlin has launched a new insurance solution called Auto Terror Protect for companies with fleets of vehicles that could be used as a weapon in a terrorist attack. The product will be targeted at fleet operators, vehicle rental companies, haulage and logistics companies, and is designed as a contingent umbrella ... Read the full article
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