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French insurance giant Axa has completed its $15.3 billion acquisition of XL Group, a deal that was announced in March. As a consequence XL’s shares were delisted from the New York Stock Exchange and the Bermuda Stock Exchange before the start of tra...

The $15.3 billion acquisition deal between French insurance giant Axa and XL Group is expected to close tomorrow. Yesterday, Axa announced it had obtained all regulatory approvals required to complete the proposed acquisition, which was announced in ...

A single, seamless space insurance policy that covers physical damage to all satellite and launch vehicles in pre-launch, launch and orbital deployment phases has been created by XL Catlin. The Bermudian-based company is aiming the new insurance poli...

XL Catlin has appointed Chris Kopser to lead its global risk management insurance North America division. He was previously with American International Group. He will report to Joseph Tocco, chief executive, North America insurance, who said: “We ar...

XL Catlin’s North America Construction business has added two more personnel to its team in order to address the construction industry’s excess casualty insurance needs. Jillian Eckert and Laura Travis have joined the Philadelphia-based team. Ed Tot...

XL Catlin insurance operations has recently added Naveed Khalidi and Michelle Jensen to its roster of Mergers and Acquisitions Insurance underwriters. Mr Khalidi joins XL Catlin from Allied World Assurance Company, where he held the position of senio...

The 2018 XL Catlin scholarship has been awarded to Warwick Academy deputy head boy Matthew Oliveira. The XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are working t...

XL Group Ltd posted improved net income of $319 million for the second quarter, but earnings fell short of Wall Street’s expectations. The Bermudian-based insurer and reinsurer, which is in the process of being taken over by French insurance giant Ax...

Driverless cars will be a focus in English classrooms from October as part of an education initiative supported by Bermuda-based XL Catlin. Code Smart is an innovative computing and robotics education initiative seeks to encourage students to take up...

XL Catlin’s operations will become part of new division of French insurance giant Axa, to be named Axa XL. Details of the rebranding and operational combination of the two companies comes after the announcement of Axa’s $15.3 billion acquisition of B...

XL Catlin and new insurtech-focused programme administrator, Bamboo Insurance, have entered into an underwriting agreement to provide property insurance in California. Bamboo Insurance was founded by John Chu, who has worked in the property and casu...

Andrew Coutts has joined XL Catlin’s insurance operations as global practice leader for Cargo. He previously worked as a cargo underwriter for Brit Global Specialty. Robert McAdams, XL Catlin’s chief underwriting officer for Global Marine, said: “In ...