$XL (XL Group plc)

$XL {{ '2016-04-27T21:48:24+0000' | timeago}} • Webcast

In 1Q16, $XL's strategic and other operating affiliates earned $13MM compared to $23MM in 1Q15, due primarily to the sale of ARX Holdings. Net realized losses excluding derivatives were $8MM. Unrealized net gains were $939MM at the end of 1Q16 including other investments. Total ROI was 1.7% excluding FX.

$XL {{ '2017-10-11T20:46:20+0000' | timeago}} • Announcement

$XL announced its preliminary estimate of net losses of approx. $1.33Bil relating to Hurricanes Harvey, Irma and Maria. For 3Q17, total catastrophe losses including smaller loss events are preliminarily estimated at approx. $1.48Bil. On an after-tax basis, the preliminary estimate of total catastrophe net losses for 3Q17 is approx. $1.35Bil.

$XL {{ '2017-10-02T17:46:51+0000' | timeago}} • Announcement

XL Catlin's internal innovation team Accelerate said it is working with Cytora, a UK-based Insurtech start-up that uses AI and open source data to improve the way insurers quantify, select and price risk. $XL's XL Catlin will use Cytora's expertise in sourcing and analysing data from multiple sources and combining to create new insights into risk.

$XL {{ '2017-09-20T15:18:28+0000' | timeago}} • Announcement

XL Catlin's insurance operation in Iberia announced new local underwriting capabilities with the appointment of Santiago Herrero as Head of Political Risk, Credit & Bond (PRCB), Iberia. Herrero will be based in Madrid and report to Dan Riordan, XL Catlin's Global Head of PRCB. XL Catlin is part of $XL.

$XL {{ '2017-09-19T14:58:22+0000' | timeago}} • Announcement

Insurance firm $XL has decided to move XL Insurance Company, its principal European Union insurance company, from the UK to Ireland in 2018 in response to Brexit. The measure is expected to allow clients and brokers to benefit from continuity of service through the company’s branch network in Europe.

$XL {{ '2017-09-13T20:33:14+0000' | timeago}} • Announcement

$XL said XL Catlin's insurance operations appointed Roman Mosli as Underwriting Manager Casualty, Switzerland, Insurance. Mosli replaces Michael Rusch who steps down from his role as Underwriting Manager Casualty Switzerland, Insurance, effective immediately, in order to fully focus on his role as Country Manager Switzerland, Insurance.

$XL {{ '2017-08-29T12:26:21+0000' | timeago}} • Announcement

$XL said XL Catlin’s Broker & Client Management is expanding their team in the US with the addition of Arden Young as its new Client Distribution Leader. Young joins XL Catlin from Gallagher Bassett Services Inc. where he most recently served as VP for business development.

$XL {{ '2017-08-01T14:48:16+0000' | timeago}} • Webcast

Insurance company $XL has named David Watts VP and Aviation Manager, Canada. Earlier, Watts served Boston Marks London as CEO. Stephanie Hope was appointed as Aviation Underwriter, Calgary. Most recently, Hope served Charles Taylor as Loss Adjuster. In addition, the company appointed Timothy Bartos as VP/Senior Underwriter, New York.

$XL {{ '2017-07-12T12:08:52+0000' | timeago}} • Announcement

XL Catlin, a $XL company, said its insurance operation in Iberia appointed Carlota Martinez and Antonio Prior to its Financial Lines team in Madrid as Senior Underwriters, and that Silvia Fernandez has been promoted to Junior Underwriter. All three will report to Ana Dores, Financial Lines Underwriting Manager based in Madrid.

$XL {{ '2017-07-11T11:49:53+0000' | timeago}} • Announcement

$XL's global brand XL Catlin appointed Ashish Umre as Accelerate Partner, Artificial Intelligence, based in London. Accelerate is XL Catlin's internal disruption and innovation team. Umre is responsible for developing XL Catlin's participation in AI projects working with partner start-ups to understand and develop their technical capabilities.

$XL {{ '2017-07-07T12:46:01+0000' | timeago}} • Announcement

Insurance firm $XL said a total of $420.26MM of aggregate principal amount of securities were tendered in a tender offer by the company’s subsidiary XLIT Ltd. The tender offer is relating to the securities of XL-Cayman and XL Group subsidiary Catlin Insurance Company.

$XL {{ '2017-06-26T21:19:28+0000' | timeago}} • Announcement

$XL subsidiary XL-Cayman has waived financing condition of tender offers relating to its Series D Preference Ordinary Shares, Series E Preference Ordinary Shares and 5.5% Subordinated Notes due 2045 as well as Non-Cumulative Preference Preferred Shares of Catlin. XL also amended the price determination date of the 2045 Notes Offer to June 30, 2017.

$XL {{ '2017-06-23T10:42:11+0000' | timeago}} • Announcement

$XL subsidiary XLIT Ltd. has priced a public offering of €500MM aggregate principal amount of Fixed to Floating Rate Subordinated Notes due 2047. The offering is expected to close on June 29, 2017, subject to customary closing conditions. The company expects to receive net proceeds from the offering of approximately €490MM.

$XL {{ '2017-06-22T14:27:10+0000' | timeago}} • Announcement

$XL’s Excess & Surplus insurance team has named Caitlin Murphy as Eastern Regional Vice President, E&S Property. Ms. Murphy will report to Stephen Oh, President of XL Catlin’s multi-line E&S insurance business.

$XL {{ '2017-06-22T14:05:46+0000' | timeago}} • Announcement

XL Catlin, a $XL company, said its insurance operations has strengthened its Marine Underwriting team in Latin America. Ruben Chanona promoted to Head of Marine, Mexico. Francisco Campos appointed as Marine Cargo Underwriter, Mexico. Nalini Vargas promoted to Marine Cargo Junior Underwriter, Mexico.

$XL {{ '2017-06-22T14:04:50+0000' | timeago}} • Announcement

XL Catlin, a $XL company, said its insurance operations has strengthened its Marine Underwriting team in Latin America. Aline Watanabe promoted to Marine Cargo Manager, Brazil. Karina Amaral joined as Marine Cargo Underwriter, Brazil.  Cintia Takahashi appointed as Marine Liability Underwriter, Brazil.

$XL {{ '2017-06-21T16:18:08+0000' | timeago}} • Announcement

XL Catlin, a $XL brand, continues to expand its inland marine field operations with the addition of Russell Crooks as VP, National Inland Marine Director, based in San Francisco and Maria Klein as senior underwriter in Baltimore.

$XL {{ '2017-06-21T13:43:53+0000' | timeago}} • Announcement

$XL has amended the early tender date, withdrawal deadline and price determination date of its previously announced tender offer to purchase the 5.5% Subordinated Notes due 2045. The early tender date has been extended from June 21 to July 6, withdrawal deadline from June 21 to July 6 and price determination date from June 21 to July 6, 2017.

$XL {{ '2017-06-07T13:43:26+0000' | timeago}} • Announcement

$XL said XL Catlin has extended its global property insurance capacity by 25% to $500MM, available on a quota share or layered basis to address more of business’s global and domestic property insurance needs.

$XL {{ '2017-05-30T13:14:20+0000' | timeago}} • Announcement

XL Catlin, part of $XL, opened its first PRCB practice in Canada and appointed Marvin Azzopardi as Senior Underwriter. Based in Toronto, Azzopardi, will join on June 1 and will report to Richard Abizaid, Regional Product Leader, Americas.

$XL {{ '2017-05-25T13:20:50+0000' | timeago}} • Announcement

XL Catlin, part of $XL, promoted Rob McAdams to the position of Chief Underwriting Officer for Global Marine with immediate effect. Previously, McAdams held the role of UK/ Ireland Marine Leader.

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