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XL picks outsider for O'Hara role

XL Capital has ended years of speculation by naming Mr Michael S. McGavick toreplace Brian M. O'Hara as its next chief executive on May 1st. O'Hara announced in October 2007 that he would retire as CEO by mid-2008 and will serve as chairman during the final year of his current term on the board which expires in April 2009

McGavick, was president and CEO of the Seattle-based Safeco Corporation from January 2001 to December 2005. Prior to joining Safeco, Mr. McGavick spent six years at CNA where he held various senior

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

MGAs Review of the Year 2025

2025 was a landmark year for MGAs, marked by record growth, major partnerships, technological innovation and expanding global reach, even as soft market conditions and pricing pressures tested resilience across the sector.

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