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The head of XL Catlin has backed a bid to reduce the risk of disasters due to climate change. Mike McGavick, who is also the chairman of the board of international insurance industry body the Geneva Association, told a major Paris conference on clima...

XL Group reported a slump in third-quarter net income as a $96 million hit from the Tianjin explosion and integration costs related to its merger with Catlin took their toll. Net income in the first complete quarter for the combined XL Catlin busines...

Insurance giant XL Catlin has been made the official insurance partner of the America’s Cup. The firm will also be the presenting partner of the America’s Cup volunteer programme — which will see more than 250 volunteers deployed over the first Berm...

Insurance and reinsurance giant XL Catlin is to launch a $1 billion share buy-back programme and raise its dividend by 25 per cent. The new scheme replaces a previous programme, which had around $97.6 million remaining. The company said the share acq...

A unique programme that gives public schoolchildren an opportunity to experience the wonders of the ocean has returned for a third year. “Kids on the Reef is all about taking kids outside their comfort zones, giving them the tools they need to be co...

Academic excellence and a wide variety of interests that include musicianship, sports and youth leadership, are among the qualities that have landed teenager Shamar Morris the 2015 XL Catlin Scholarship. The former Somersfield Academy high honours st...

XL Group and Catlin Group have completed their merger — and today the integration of the two insurers begins in earnest. The Royal Gazette understands that 30 underwriting, actuarial and claims staff will this morning relocate from the Catlin office ...

Catlin End-to-End has announced the elite swim event that was meant to take place from The Fairmont Hamilton Princess this evening has been postponed until next week. Event organisers said: “Due to uncertain weather predictions and current conditions...

XL Group plc and Bermuda-based Catlin Group have completed their merger, the companies announced today. Catlin delisted from the London Stock Exchange and ceased to be traded as of 8am London time. The $4.1 billion deal to combine the two companies i...

Catlin Group Ltd produced a 13 per cent increase in profit in what is likely to be its final year as a separate company. The Bermuda-based insurer has agreed to be acquired by XL Group in a $4.2 billion deal expected to close this year. Pre-tax profi...

Jobs cuts and the merging of offices around the world are likely consequences of XL Group’s pending acquisition of Catlin — but it is too early to say exactly how that will affect the Bermuda operations of the two companies, says XL chief executive o...

Global business insurer XL has cut a deal to buy Island-based rival firm Catlin in a $4.1 billion merger, it was announced today. The new company — to be known as XL Catlin — will have total capital of $17 billion and around $10 billion of net premiu...