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Moody's Investors Service ("Moody's") has upgraded the insurance financial strength (IFS) ratings of the principal operating subsidiaries of XL Group Ltd ("XL Group") to A1 from A2 following XL Group's acquisition by AXA ("AXA" senior A2 negative). In the same rating action, Moody's upgraded the debt and preferred stock ratings of XLIT Ltd. (senior to A3 from Baa1).
HAMILTON, Bermuda , Sept. 12, 2018 /PRNewswire/ -- XL Group Ltd ("XL" and together with its subsidiaries, the "Company") today announced that, following the completion of its previously ...
NEW YORK , Sept. 11, 2018 /PRNewswire/ -- S&P MidCap 400 constituent WellCare Health Plans, Inc. (NYSE: WCG) will replace XL Group (NYSE: XL) in the S&P 500, S&P SmallCap 600 constituent HealthEquity Inc. ...
NEW YORK, Sept. 6, 2018 /PRNewswire/ -- XL Catlin today announced the launch of a new seamless space insurance coverage for satellite owners, manufacturers and launch providers. The new single policy covers all satellite and launch vehicle physical damage exposures from pre-launch to launch activities through deployment of the spacecraft in orbit. Chris Kunstadter, Global Head of Space Insurance said: "We have developed this coverage based on our review and monitoring of the space industry as well as on feedback from clients and brokers.
NEW YORK, Sept. 5, 2018 /PRNewswire/ -- XL Catlin has added Kimberly Hans to its Broker & Client Management team in the US. Joining as Southeast Regional Leader, Ms. Hans is based in Atlanta and reports to Robert Peretti, XL Catlin's Head of Broker & Client Management in North America. "The region's strong business climate has been a source of growth for our clients and brokers throughout the region and we're eager to help them seize the new business opportunities available to them. Given XL Catlin's broad portfolio of insurance coverages, we're well equipped to handle the multi-line insurance needs of a wide variety of industries.
NEW YORK , Aug. 20, 2018 /PRNewswire/ -- XL Catlin has appointed Chris Kopser to lead its Global Risk Management Insurance North America Division. Based in New York , Mr. Kopser will assume his role on ...
PHILADELPHIA , Aug. 13, 2018 /PRNewswire/ -- To address the construction industry's excess casualty insurance needs, XL Catlin's North America Construction business has added more underwriting expertise ...
NEW YORK, Aug. 9, 2018 /PRNewswire/ -- XL Catlin insurance operations has recently added Naveed Khalidi and Michelle Jensen to its roster of Mergers and Acquisitions (M&A) insurance underwriters. Mr. Khalidi joins XL Catlin from Allied World Assurance Company, where he most recently held the position of Senior Underwriter for transactional liability insurance.
Improved Rate Conditions Across Most Lines; Continued Benefit from Market Leadership Position Net income attributable to common shareholders of $319.0 million , or $1.21 per fully diluted share, for the ...
NEW YORK, July 31, 2018 /PRNewswire/ -- XL Catlin is pleased to announce that works from 40 student artists have been selected for the inaugural XL Catlin Art Prize Traveling Exhibition. Launched in December 2017, the XL Catlin Art Prize is devoted to figurative artwork and is one of the premier student art competitions in the United States. The exhibition will go on a nationwide tour beginning at the San Francisco Art Institute from August 22 – October 7, with a public reception to be held on Friday, August 31.
Another tailwind for MetLife’s earnings is the overall strength of the economy. Very low unemployment rate coupled with a higher labor force participation rate is a positive for the company’s U.S. Group Benefits business, which should have witnessed premium growth in the second quarter. The company’s 2018 effective tax rate is projected between 18% and 20%.
Willis Towers' (WLTW) second-quarter bottom line will likely be aided by growth in commissions and fees on the strength of its improved segmental performances.
Better investment results and premium growth are likely to aid XL Group's (XL) Q2 earnings. However, escalating expenses and a probable cat loss might dampen chances of a surprise.
HAMILTON, Bermuda , July 26, 2018 /PRNewswire/ -- XL Group Ltd ("XL" or the "Company") (NYSE: XL) announced today that its Board of Directors declared on July 25, 2018 a quarterly dividend ...