XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, said July hailstorms in Germany and France cost the company about $60-million before tax. Most of the losses were in the reinsurance segment, Dublin- based XL said today …
XL Group Plc said it’s among the insurers of the railroad involved in Canada’s worst train disaster in 27 years. XL “can confirm that we are an insurer of the Montreal, Maine & Atlantic Railway,” Christine Weirsky, a spokeswoman for …
XL Group’s Bermuda professional lines unit has launched a new insurance product to specifically address the needs of Fortune 500 companies and other large employers potentially exposed to employee compensation and classification disputes. As its name suggests, the wage & …
XL’s North American Marine business expands its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as a senior claims consultant. According to Rich DeSimone, …
XL Group’s U.S. Risk Management business is adding and redeploying talent in its New York office to boost its resources for addressing businesses’ most complex casualty insurance needs. The company announced the addition of James Barbuti as its U.S. risk …
XL Group announced the opening of a new insurance office in Lyon. The office will be able to respond to the needs of a solid base of companies and broking houses in France’s Southeast region. Collaborating closely with underwriters from …
XL Group plc announced the appointment of Alfred Bergbauer as head of Multinational Casualty. He will report directly to Ken Riegler, president of XL Group’s North American Primary Casualty group and maintain offices in both New York and Philadelphia. Bergbauer …
To help contractors minimize subcontractor performance risks, the North America Construction insurance unit of XL Group announced two new subcontractor prequalification programs, through partnerships with Houston-based SureTec Information Systems, Inc. and ConstructSecure, a Marlborough, Massachusetts-based construction technology firm. The programs …
XL Group announced it plans to hold its seventh Global Day of Giving on Friday, May 4. The employee volunteer day is dedicated to supporting the communities in which XL operates. From its beginning in 2006, the Global Day of …
XL Group plc’s Excess Casualty’s North American Umbrella team announced a new umbrella policy form. According to Lorraine Seib, president of XL Group’s Excess Casualty group, “While XL is well-known for its Bermuda beginnings as an excess liability provider; our …