Axa XL
Guest promoted at XL Catlin in Singapore
David Guest, formerly underwriting manager, crisis management at XL has been promoted at newly formed XL Catlin.
AA tipped to acquire XL Gibraltar arm to launch motor insurer
The AA has been tipped to swoop for XL Insurance (Gibraltar) in order to launch its new motor insurer.
XL Catlin begins 'bold new world' marketing campaign
Following the completed merger of XL and Catlin, the combined entity XL Catlin has launched an "insurance for a bold new world" marketing campaign.
XL Catlin company name to be launched as protracted takeover is concluded
The takeover of Catlin by XL will result in the combined entity being marketed as XL Catlin as part of a global advertising campaign to be launched next week.
Scheme of arrangement for XL's takeover of Catlin becomes effective
The scheme of arrangement under section 99 of the Companies Act 1981 pursuant to which XL Group has acquired the entire issued and to be issued share capital of Catlin Group has become effective.
Quotas not seen as the cure for lack of London market diversity
London market professionals have acknowledged more needs to be done to overcome its historic lack of inclusivity, but have stopped short of backing a quota system as a means to increase diversity in the marketplace.
C-Suite Insurer: It’s a question of time
Don’t switch off. This is not a party political broadcast
Brit syndicate growth highlights Lloyd's desirability for M&A buyers
Gross written premium growth experienced by Brit's sole Lloyd's syndicate in 2014 is a marker of the continuing attractiveness of having a sizeable Lloyd's platform for companies seeking a third party buyer, according to market analysts.
Career File - Nick Sinfield: Ex-Catlin Syndicate CEO joins Tokio Marine Kiln
Tokio Marine Kiln has appointed former Catlin Syndicate CEO Nick Sinfield as its new head of group claims.
Brit syndicate bolsters position at Lloyd's as QBE slips down GWP list
The axing of unprofitable business by QBE has seen the insurer’s largest individual Lloyd’s syndicate plummet in terms of its top ten standing by gross written premium, as Brit moves up the rankings.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
Reinsurers eye greater share of primary business as rate pressure continues
Global reinsurers are increasingly looking to shift their portfolios towards primary business in the face of continued rate pressure, according to an AM Best report.
XL unveils venture capitalist product
XL Group has launched a new venture capital initiative, XL Innovate.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
XL Group announces pricing of subordinated notes
XL Group has priced a public offering of $500,000,000m (£336,134,684) for its subsidiary Xlit.
Catlin to underwrite product for flood insurance excesses up to £50k
Third party administrator Advent Solutions Management and Policy Excess have teamed up to provide homeowners with properties in high flood risk areas with a product that insures against hefty flood excesses.
Europe C-Suite: A judgment call - the PI market in Germany
The market for professional indemnity cover is growing in Germany - so how can insurers keep up with demand?
Novae tipped as next listed player to be sold as Lloyd's consolidation hots up
Pressure on profitability in the Lloyd’s market has been cited among the main drivers for consolidation by analysts, with Novae tipped to become the latest listed player to be snapped up.
Ascot and Beazley named among claims service improvers in Gracechurch report
Ascot, Beazley and RSA are among the London market insurers that have increased their net satisfaction ranking for claims service, according to research from Gracechurch consulting.
Ironshore hires Asia-Pacific managing director from Catlin
Ironshore International has named Hui Yun Boo as managing director Asia-Pacific and principal officer for Singapore.
Blog: The perfect Valentine's gift
With tomorrow representing one of the only days of the year when it's acceptable to request diamonds as a gift, XL's Graham Hawkins looks at how this market has grown - and how insurers fit into it all.
Catlin sees 2014 profits jump 13% to £320m
Catlin has reported a 13% increase in profit before tax to $488m (£320m) for the year ended 31 December 2014 (2013: $432m).
XL's Vigar leaving Singapore for Japan
Andrew Vigar, country manager Singapore, XL is relocating to become the specialist insurer's country manager for Japan.
Cedants less likely to transfer business to reinsurers, says AM Best
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.