XL Capital Ltd. announced Friday that Chairman Michael P. Esposito has resigned from its board of directors.Esposito will continue as chairman of the Board of Security Capital Assurance Ltd., XL's 46%-owned affiliate. Esposito earlier this year announced his intention to ...Read More
The main sporting venue for the hometown to much of the U.S. insurance industry will be renamed "XL Center" under an agreement announced Tuesday between XL Insurance and the owner of the venue.XL Insurance said in a press release that it signed a six-year deal with Northland AEG LLC for ...Read More
The American Cooperative Council on Compensation updated its Experience Rating Worksheet Lookup (EXR) product and Policy Entry & Editing Program (PEEP), several rating agencies reported this week.
Updates to EXR include:
* A print feature which will create a PDF file of selected r...Read More
XL Capital Ltd. announced Tuesday the appointment of Brian W. Nocco as executive vice president and chief financial officer.
Nocco will join the company July 23 and assume the CFO responsibilities on Aug. 10 from Chief of Staff Fiona E. Luck, who has been serving as interim chief financia...Read More
XL Insurance announced Thursday the opening of a new regional office in Houston.
The new office, located at 5847 San Felipe in the San Felipe Plaza, will focus on providing XL Insurance clients, particularly marine and offshore energy businesses in the region, with local underwriting expe...Read More
XL Capital Ltd. established a scholarship in memory of the company's first chairman and chief executive officer, the late Ian R. Heap.
The XL Ian R. Heap Memorial Scholarship, a merit-based scholarship, will be granted for the first time in 2008. It will be administered by the Spencer Ed...Read More
XL Capital announced Tuesday that it added a new role and title to Senior Vice President Fiona Muldoon's position with the company.
Muldoon is now XL's corporate strategy, development and planning officer, an upgrade from her previous position as financial planning officer.
XL Capital Ltd. on Monday announced that it has appointed Frederick R. Loeloff as senior vice president of ratings and finance development.
Loeloff will report to Global Treasurer Michael E. Mathisen.
XL said Loeloff will be the company's primary contact with all ratings agenci...Read More
XL Capital Ltd. on Tuesday reported net income available to shareholders of $415.8 million during the third quarter of 2006, compared with a $1.05 billion loss during the same period last year.
Net income excluding net realized gains and losses for the third quarter of 2006 was $468.2 mil...Read More
XL Insurance announced Monday the appointment of Robert Andrews as head of its global ceded reinsurance operations.
Andrews will oversee XL Insurance's global ceded reinsurance operations and the placement of its reinsurance treaties. Reporting to Chief Operating Officer David Duclos, ...Read More