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Workers' Compensation News

XL Insurance Appoints Ceded Reinsurance Head 10/17/2006
State: NA | Segment: Business | 213 | 0
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
XL Capital Re-Appoints Harvard Professor to Board 09/22/2006
State: NA | Segment: Business | 141 | 0
XL Capital Ltd. announced Thursday that Robert R. Glauber has been re-appointed to the company's board of directors. Glauber originally served on the XL Board from 1998 to May 2005, when he stepped down to focus on other business commitments, the company said in a press release. Most ...Read More
XL Capital Promotes Two Executives 09/07/2006
State: NA | Segment: Business | 191 | 0
XL Capital on Wednesday announced that it appointed chief executives for two of its business segments. Bob Douglas, formerly chief executive officer of the XL Reinsurance Life unit, has been appointed chief executive of XL's Global Reinsurance Life operations. Daniel Sussman, f...Read More
XL Capital More Quarterly Earnings Up 177% 07/27/2006
State: NA | Segment: Business | 364 | 0
XL Capital Ltd. on Wednesday reported net income of $377.1 in the second quarter of 2006, a 177% increase over the same period last year. Net income was $2.10 per ordinary share, compared with net income of 97 cents per ordinary share in the second quarter of 2005. Net income exclu...Read More
XL Capital Makes Three Executive Appointments 07/13/2006
State: NA | Segment: Business | 185 | 0
XL Capital Ltd. on Wednesday announced three executive appointments. Michael C. Lobdell, a former managing director of JPMorganChase in New York City, will join the company in September to serve as chief executive for Global Business Services. He will be responsible for overall executi...Read More
XL Capital 'Restructuring' its Executive Team 06/16/2006
State: NA | Segment: Business | 203 | 0
XL Capital Ltd. announced Thursday that it was "restructuring" its executive management. President/CEO Brian M. O'Hara said XL will create an Office of the Chief Executive Officer on July 1. The office will comprise five senior executive functions, including XL's chief financial officer, ch...Read More
XL Capital Files for IPO to Finance Startup 04/11/2006
State: NA | Segment: Business | 207 | 0
XL Capital Ltd. has filed with the U.S. Securities and Exchange Commission for an initial public offering to finance a startup entity handling financial guaranty insurance and reinsurance businesses. The parent company said that its newly created Security Capital Assurance Ltd (SCA) has fi...Read More
XL Capital President Speaking at Investor Conference 02/10/2006
State: NA | Segment: Business | 249 | 0
XL Capital Ltd. announced Thursday that President and CEO Brian M. O'Hara is scheduled to present at the Merrill Lynch Insurance Investor Conference at the Millennium Broadway Hotel in New York City on Wednesday, Feb. 15, at 2:55 p.m. (EST). A live webcast of O'Hara's presentation will b...Read More
XL Capital Appoints McCusker as CEO for U.K. and Ireland 01/27/2006
State: CA | Segment: People | 166 | 0
XL Capital Ltd. on Thursday announced the appointment of Eileen McCusker as chief operating officer for the UK and Ireland regions. McCusker, who has been with the XL group for 15 years, will assume the post immediately. She replaces Dermot O'Donohoe who is now heading XL Insurance's Spec...Read More
XL Insurance to Exit Sovereign Risk Venture 01/24/2006
State: NA | Segment: Business | 164 | 0
XL Insurance plans to withdraw from Sovereign Risk Insurance Ltd., leaving ACE Bermuda Insurance Ltd. as full owner of the joint Bermuda venture they started in 1997, it was announced Monday. ACE will assume full ownership on Feb. 1., under the current timetable. Sovereign Risk would writ...Read More
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