Log In

A blockchain initiative for the insurance industry, that includes XL Catlin as one of its founding shareholders, has incorporated in Switzerland. The Blockchain Insurance Industry Initiative, known as B3i, was set up as a collaboration between 15 glo...

Artificial intelligence is not about robots taking over the world, but about leveraging the powerful technology to capture and analyse vast quantities of data, and making the best use of that information. That’s the belief of Noel Pearman, Bermuda pr...

XL Catlin has become one of the founding members of InsurTech Asia Association. The independent membership-based industry initiative that aims to advance insurance in Asia through the impactful application of insurance technology. XL Catlin has joine...

PARIS (Bloomberg) — Axa SA’s pursuit of its biggest takeover really got serious at a romantic hotel on the shores of Lake Zurich. That’s where top executives of the French behemoth and XL Group Ltd, fresh from the annual gathering of the world’s elit...

The impact on jobs at XL Group is expected to be limited after it is acquired by French multinational insurance company Axa in a $15.3 billion deal. Although no figures have been mentioned, Mike McGavick, chief executive officer of XL Group, believes...

XL Group is being bought by French multinational insurance company Axa in a $15.3 billion deal. The merger agreement has been unanimously approved by the boards of Axa and Bermudian-based XL Group. XL shareholders will receive $57.60 per share under ...

NEW YORK (Bloomberg) — Axa SA is in advanced talks to buy Bermudian-based XL Group Ltd, people familiar with the matter said. A deal could be announced in coming days, said the people, who asked not to be identified because the matter isn’t public. P...

XL Catlin’s insurance operations in France have a new solution to address the insurance needs of construction engineering firms through a single product. This solution covers material damage due to inherent defects for ten years after the completion...

XL Catlin has appointed Claudia Thyme as director of emerging markets development. She will execute the company’s emerging market strategies, with a particular focus on Latin America. Ms Thyme has 20 years of experience in the insurance industry, te...

A three-week period featuring the sale of Validus to AIG, a major profits warning from Aspen and reports that XL is in takeover talks with Allianz has placed the future of the Bermuda market front and centre. The corporate developments follow disappo...

There is a global insurance gap, and it’s a big one. Natural catastrophes caused $350 billion of economic losses last year, and of that only $134 billion, or 38 per cent, was covered by insurance. A bigger number has been calculated by Swiss Re, whic...

Mike McGavick believes XL Group is poised for strong earnings growth in the coming years as a stand-alone company — and he is not surprised of reports of takeover interest from larger insurers. A Bloomberg report last week suggested that German giant...