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Insurance
XL Group has added to its railroad insurance team with the appointment of Aldith Townsend as a new underwriter in its railroad business, part of XL Group’s global excess casualty division. 4 June 2014
News
XL Group has completed the sale of XL Life Reinsurance (XLLR) to GreyCastle Holdings for $570 million. 3 June 2014
Insurance
XL Group has enhanced its excess casualty team in New York and Atlanta with a number of new appointments. 29 May 2014
Insurance
Catlin Group has added catastrophe modelling firm AIR Worldwide’s Touchstone product to its suite of licensed products. 23 May 2014
Insurance
Helios Underwriting has posted a strong set of results for 2013. Its profits increased by 88 percent on the back of a number of acquisitions. 23 May 2014
Insurance
Luke Savage, who has been Lloyd’s director of finance and operations for ten years, is departing from Lloyd’s to become chief financial officer (CFO) of Standard Life. 23 May 2014
Insurance
A combination of new entrants and more capacity committed by existing players has contributed to increased competition and pressure on rates in the upstream energy market, according to broker JLT. 21 May 2014
Insurance
Catlin Group posted very healthy growth in the first quarter of 2014 driven by its reinsurance book and international operations. While its CEO warned on softening rates in catastrophe-exposed lines, he said some hardening was occurring elsewhere. 14 May 2014
Insurance
Aspen US Insurance, part of the insurance segment of Aspen Insurance, has appointed Roxanne Mitchell, formerly of XL, as executive vice president (EVP) and chief casualty officer. 13 May 2014
News
Bermuda-based run-off specialist Catalina Holdings has entered into an agreement to reinsure the marine insurance liabilities in run-off of Delta Lloyd Group. 9 May 2014
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