XL Group News

XL Group Adds Smelser to North America Property Team in Dallas

XL Group announced the addition of Jay E. Smelser to its North America property insurance team as South Central regional leader, based in Dallas. Smelser reports to Senior Vice President and Head of North America General Property Wade Pitman in Los Angeles. Smelser …

XL Launches Regional E&S Insurance Operation with Ex-Scottsdale Underwriters

XL Group has launched a regional underwriting operation in Scottsdale, Ariz. to offer brokers and clients in the Western U.S. more direct access to its excess and surplus insurance coverages The experienced underwriting team includes Scott Noffisinger, Katherine E. Schlueter, Rick M. Yale and Kim …

XL Group, Munich Re, New Energy Risk Provide Insurance for Fuel Cell Project

XL Group’s Complex Accounts unit, Munich Re’s Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver a performance insurance policy for a portfolio of fuel cell servers installed across the U.S. The insurance cover …

XL Group Appoints Latham to Strengthen Captive Programs

XL Group announced the appointment of Matthew Latham as Head of Captive Programs, in a move which strengthens the Group’s offering to clients with captives. Jason Harris, Chief Executive, International Property & Casualty at XL Group commented: “The risk landscape …

XL Group Expands Marine Team on West Coast

XL Group has added Mikki K. Williams as regional vice president and Bruce Pichon as inland marine manager to its North America Marine business’ West Region. Based in Los Angeles, Pichon reports Williams, who will be based in XL Group’s …

XL Group Strengthens Financial Lines Team in Switzerland

XL Group announced that it has reinforced its team in Switzerland in “response to the growing needs of multinational companies for Financial Lines coverage.” XL announced the enhancement of the team handling financial lines, and in addition presented its Financial …

Kretiv Joins XL Group Distribution & Network Team in Dallas

XL Group’s North America distribution and network team has added Michael Kretiv as vice president and client distribution leader. Based in XL’s Dallas office, Kretiv reports to Wayne Speeg, XL Group’s regional leader – South Central. Kretiv joins XL Group …

XL Group’s Trade Receivables Insurance Team Grows in US and UK

XL Group announced that it is addressing “businesses’ growing interest in Trade Receivables Insurance (TRI),” with the addition of “underwriting resources with the appointments of Jennifer Papadimitriou in London; Paul C. Haigley III and Aaron Rutstein in Baltimore and Agatha …

XL Group Posts $279.3 Million Q2 Net Loss; $279.6 Operating Income

The XL Group announced that its operating net income for the second quarter of 2014 was $279.6 million, or $1.02 per share, which produced “a net loss attributable to ordinary shareholders of $279.3 million including the loss on sale of …

XL Group Launches Cyber Liability Coverage in Brazil

After last month’s launch of its cyber liability including professional indemnity coverage for technology companies, XL Group has announced “the launch of a second, more general cyber risks insurance solution serving mid- and large-sized companies across a broad range of …