21 February 2018Insurance

XL Catlin withdraws from UK, Ireland motor fleet market

XL Catlin’s casualty team has taken the decision to withdraw from the UK and Ireland commercial motor fleet market.

As a consequence, the renewal book will be placed into run-off by the end of the first quarter of 2018. This decision does not affect any other motor business written in XL Catlin, the company said.

The firm did not comment on the driver for this decision.

Join us at Intelligent Automation in Insurance - London 2018. Book by Feb 28th and you could save £300.

More of today's news

Reserving, investments drive Greenlight Re Q4 loss

BMS launches new energy operation with trio hire

Zurich unveils UK Innovation Foundry

Kenya Re downgraded on enterprise risk management concerns

V3 appoints former QBE senior exec as COO

Don't miss our insurtech email newsletter - sign up today

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

XL CEO not surprised about takeover rumours

14 February 2018 XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players.

Insurance

XL Catlin swoops for AXA exec to boost broker management

1 March 2018 Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management.

Insurance

XL Catlin hires EMEA energy boss from Allianz

6 March 2018 Nicola Harris joins XL Catlin from Allianz Global Corporate & Specialty where she was head of energy & marine, based in Dubai since 2014. Prior to that, she held a number of roles at Marsh in London and then Cape Town, where she was appointed regional leader for power & energy in 2011.

Markel snags HDFC ERGO talent to head Indian underwriting operations

DARAG buys major UK employer liability captive book

Energy sector drawing strong insurer capacity to stabilize market: WTW

Middle East flooding bears 3-digit million cost, mild insurance bill

Lloyd's and insurer Arch deny Nord Stream claim, cite war exclusions

American Coastal returns to cat bonds after 10-year break, places $200m

AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US

Marsh won't go wholesale despite E&S heat; likes holding clients close

XL Catlin withdraws from UK, Ireland motor fleet market

More on this story

Editor's picks

Editor's picks

More articles