Reinsurance News

XL Catlin

XL Catlin names Elie Hanna as Head of central broker management

1st March 2018

XL Catlin has appointed Elie Hanna to Head of central broker management, set to lead XL Catlin’s strategic relationships with brokers for the insurance segment. His responsibilities will include looking at how XL Catlin engages with its key trading partners, setting broker engagement best practices, and working with both distribution and underwriting teams ... Read the full article

XL Catlin hires new Director Emerging Markets Development

23rd February 2018

Bemuda based re/insurance giant XL Catlin continue to drive its emerging market strategies forward by appointing Claudia Thyme to the role of Director Emerging Markets Development. Thyme will work closely with business leaders across XL Catlin to explore opportunities for profitable growth, and her contribution will focus particularly on Latin America. ... Read the full article

Phil Xue joins XL Catlin from Guy Carpenter as CEO of XL Insurance (China)

12th February 2018

Global insurer and reinsurer XL Catlin has announced the appointment of Phil Xue as Chief Executive Officer (General Manager) of XL Insurance (China) Company Ltd., pending regulatory approval. The firm has announced that Xue will also act as Country Manager for XL Catlin, China. Prior to joining XL Catlin, Xue spent over a decade ... Read the full article

XL Catlin promotes Tim Powell to CUO for International Financial Lines

8th February 2018

XL Catlin has announced the promotion of Tim Powell to Chief Underwriting Officer (CUO) for International Financial Lines (IFL), with effect from March 1st. As COU Powell will lead the underwriting performance of XL Catlin’s Financial Lines portfolio in all geographies outside North America, develop overall strategic objectives for this line-of-business, ... Read the full article

XL Group cited as M&A target for large re/insurers: Reports

8th February 2018

According to Bloomberg, XL Group the Bermudian parent company of global insurance and reinsurance brand XL Catlin, is a target for M&A, with Allianz and other major re/insurers said to be showing interest. XL Group is perhaps the largest Bermudian re/insurer and its global diversification makes it an attractive target for ... Read the full article

XL Catlin promotes Mike MacColl to Global Practice Leader for Hull

6th February 2018

XL Catlin has promoted Mike MacColl from Head of Hull for the UK to the position of Global Practice Leader for Hull with immediate effect. Commenting, Rob McAdams, Chief Underwriting Officer for Global Marine at XL Catlin, said; “Mike has proven to be a hugely valuable member of the UK Marine ... Read the full article

XL Catlin appoints John Kopach to Regional Underwriting Manager

2nd February 2018

XL Catlin’s Global Excess Casualty insurance business has appointed John Kopach, who joins from a similar role with Everest National Insurance, as new U.S. South East Regional Underwriting Manager. In his new role as Region Manager, Kopach will lead the Atlanta-based team towards a more geographic-focused approach in addressing broker and ... Read the full article

Credit risk’s high re/insurance growth potential: XL Catlin

25th January 2018

An XL Catlin survey has highlighted the growth potential for re/insurers' credit risk lines, if carriers innovate and adapt products to match growing demand for more flexible and tailored cover. Peter Schmidt, Chief Executive Asia Pacific, Latin America & Global Credit and Surety, XL Catlin, noted the current disconnect between firms' ... Read the full article

XL Group names Leila Madeiros as Head of Compliance & Regulatory Affairs, Bermuda

16th January 2018

XL Group has announced the appointment of Leila Madeiros as Head of Compliance & Regulatory Affairs, Bermuda, she joins from a role as Senior Vice President, Deputy Director and Corporate Secretary of the Association of Bermuda Insurers and Reinsurers (ABIR). Madeiros joins in April and reports to Sean McGovern, XL Group’s Chief ... Read the full article

XL Catlin appoints Simon Price to Head of M&As for EMEA

10th January 2018

XL Catlin has appointed Simon Price, who joins from Marsh’s Private Equity and M&A practice, to Head of Mergers and Acquisitions Insurance for Europe, the Middle East and Africa (EMEA). In his London-based role, Price will oversee XL Catlin's EMEA business and all international business placed through the London market. Commenting, Brian Benjamin, ... Read the full article

XL Catlin eyes sustainable & profitable growth in India

4th January 2018

According to industry reports, reinsurer XL Catlin is eager to expand its India operations but will not grow for the sake of having a large balance-sheet, as it eyes profitable and sustainable growth in the region. An article on Business Standard citing a discussion between Charles Cooper, Chief Executive Officer (CEO) ... Read the full article

XL appoints Norton as Group Chief Enterprise Risk Officer, succeeding Rosengarten

4th January 2018

XL Group Ltd., the parent company to the XL Catlin insurance and reinsurance brand, has promoted Fielding Norton to the role of Group Chief Enterprise Risk Officer, to succeed Jacob Rosengarten who retired at the end of December. Fielding Norton was previously in the role of Deputy Chief Enterprise Risk Officer and subject ... Read the full article

XL Catlin promotes Jay Lefkowitz to lead U.S. Global Risk Management unit

15th December 2017

Insurer and reinsurer XL Catlin has promoted Jay Lefkowitz from his role as head of U.S. Risk Management team to President of its Global Risk Management business in North America. In his New York based role Lefkowitz will assume underwriting management of XL Catlin’s North America primary casualty platform including its ... Read the full article

Expectation of more realistic and sustainable rates “totally reasonable” says XL Catlin’s Hendrick

28th November 2017

Greg Hendrick, President of insurer and reinsurer XL Catlin's Property & Casualty (P&C) division, in a note on the re/insurance industry in light of third-quarter catastrophe events, has reiterated the company's expectation of rate improvements at the upcoming renewals and anticipates change to evolve positively over time. After expected catastrophe losses ... Read the full article

XL Catlin appoints new Country Manager for German insurance business

23rd November 2017

Global insurer and reinsurer, XL Catlin, has named Dr. Thomas Gotting as Country Manager Germany, Insurance, effective January 1st, 2018. Gotting replaces Dieter Goebbels who is to retire at the start of 2018, and will be based in Cologne reporting to Kelly Lyles, Chief Executive Client & Country Management at XL Catlin. He ... Read the full article