XL Insurance (Bermuda) News

XL Group plc announced that XL Insurance (Bermuda) Ltd has entered into a definitive agreement to sell its wholly-owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd. for $570 million in cash. The bulletin indicated that on …

Aon Risk Solutions, the global risk management business of Aon plc, and XL Group’s Bermuda Insurance Operations, XL Insurance (Bermuda) Ltd. (XLIB), announced a “new stand-alone integrated occurrence product called Catastrophic Integrated Occurrence or CAT IO.” The bulletin said the …