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XL Catlin

XL Catlin lifts global property insurance capacity to $500m

7th June 2017

Insurer and reinsurer XL Catlin has increased its global property insurance capacity by 25% to $500 million, and which the company says is available on a quota share or layered basis. The 25% capacity extension enables the re/insurer to address more of its domestic and international property insurance needs, as clients increasingly ... Read the full article

Aiden Joo joins XL Catlin from Zurich Global as Senior Underwriter

2nd June 2017

XL Catlin has appointed Aiden H. Joo as Senior Underwriter in New York to expand its U.S. underwriting capabilities for Structured Risk Solutions. Joo joins from Zurich Global Corporate where he was an underwriter and deal architect, developing a variety of insurance solutions including integrated insurance programs, risk financing and alternative risk transfer programs ... Read the full article

XL Catlin sets up Political Risk, Credit & Bond practice in Canada

31st May 2017

XL Catlin has opened its first Political Risk, Credit & Bond (PRCB) insurance practice in Canada and appointed Marvin Azzopardi as Senior Underwriter. The move comes in response to continued demand for PRCB insurance from Canadian firms, as businesses navigate an increasingly uncertain geopolitical environment. Dan Riordan, Global Head of PRCB, said; “We ... Read the full article

XL Catlin promotes Rob McAdams to Chief Underwriting Officer, Global Marine

25th May 2017

Insurer and reinsurer XL Catlin has announced the promotion of Rob McAdams as Chief Underwriting Officer (CUO) for its Global Marine, effective immediately. McAdams has 20 years of industry experience and was previously UK/Ireland Marine Leader at the firm. Prior to joining legacy XL he worked for Reliance National in New York, and ... Read the full article

XL Catlin appoints Steven Bauman to head of captive practice in North America

23rd May 2017

XL Catlin has announced the appointment of Steven Bauman to head of global programs and captive practice in North America, effective May 23. Bauman will oversee XL's North American global insurance programs and captive business, ensuring these follow compliance and best practice rules, developing innovative captive products, and helping with structuring global captive ... Read the full article

XL Catlin boosts Canadian Environmental Insurance team with hires from AIG & Zurich

19th May 2017

Insurer and reinsurer XL Catlin has bolstered its Canadian Environmental Insurance division with the appointments of Marc Estrada as Environmental Team Lead, and Brian Hughes as Assistant Vice President, Environmental Underwriting. The pair will be based in the firm's Toronto, Canada office, and will both report to Joseph Madigan, Environmental Regional Manager for Canada, XL Catlin. Estrada joins ... Read the full article

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

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