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XL Group Ltd (XL)

NYSE - NYSE Delayed Price. Currency in USD
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43.79-0.17 (-0.39%)
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XL Group Ltd

O'Hara House
One Bermudiana Road
Hamilton HM 08
Bermuda
441-292-8515
http://www.xlgroup.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees7,400

Key Executives

NameTitlePayExercisedAge
Mr. Michael S. McGavickChief Exec. Officer and Director4.9M14.94M59
Mr. Gregory S. HendrickExec. VP and Pres of Property & Casualty2.32MN/A51
Mr. Paul David BrandChairman of Internal Innovation Team and Exec. VP2.62MN/A54
Mr. Peter R. PorrinoAdvisor to Chief Exec. Officer1.79MN/A60
Mr. Stephen John Oakley CatlinSpecial Advisor to the Chief Exec. Officer4.54MN/A62
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

XL Group Ltd, through its subsidiaries, operates as an insurance and reinsurance company worldwide. The company operates in two segments, Insurance and Reinsurance. The Insurance segment offers casualty programs comprising primary and excess casualty, environmental liability, and excess and surplus lines; energy, property, and construction insurance; professional lines, such as directors’, officers’ liability, errors and omissions, employment practices, crime, fiduciary, technology, and cyber liability coverages; and specialty lines, including the aviation and satellite, marine, fine art and specie, equine, livestock and aquaculture, crisis management, political risk, trade credit and life, and accident and health insurance products. The Reinsurance segment provides casualty reinsurance products, including general and professional liability, and automobile liability and workers’ compensation; property reinsurance products comprising property catastrophe, property risk excess of loss, and property proportional; specialty reinsurance products, such as energy, marine, aviation, and space; and other reinsurance products, including fidelity, surety, trade credit, accident and health, mortgage, and political risk. It also writes whole account capital gearing quota share contracts on select syndicates at Lloyd's. The company markets its products and services to the industrial, commercial, professional, and insurance companies, as well as other enterprises through international, national, and regional producers, acting as the brokers and representatives of policyholders. XL Group Ltd was founded in 1986 and is based in Hamilton, Bermuda.

Corporate Governance

XL Group Ltd’s ISS Governance QualityScore as of August 1, 2017 is 9. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 8; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.