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XL Group

XL Group plc.
Public
Traded as S&P 500 Component
Industry Property & Casualty Insurance
Founded 1986
Headquarters Dublin, Ireland
Key people Michael S. McGavick, CEO
Revenue

Selected 2012 Financial Data as at 31 December 2012

Total Assets $45.4 billion
Total Shareholders’ Equity $11.9 billion
Total Revenues $7.2 billion
Attributable to Ordinary Shareholders

$651.1 million net income[1]
Employees 4000[2]
Website http://www.xlgroup.com
References: AM Best & Standard and Poor's rating A

XL Group plc (

Business

XL Group is the global brand used by XL Group plc. The company is organized into two operating segments – Insurance and Reinsurance.[6]

Its Insurance segment provides commercial property, casualty, professional liability, environmental liability, aviation and satellite, marine, product recall, political risks, equine, fine art and specie, surplus lines and other coverages. The Reinsurance segment provides casualty, property risk (including energy and engineering), property catastrophe, marine, aviation, and other specialty reinsurance globally.[7][8][2]

History

The company began as "EXEL Limited".[9] Ian Heap was appointed the company’s first CEO in 1987, followed by Michael Kevany in 1989 serving until 1994. Brian O’Hara became XL’s third CEO in 1994 serving in that position until 2008 when Mike McGavick stepped into the CEO position in May of that year.[10][1]

References

External links

  • Official website
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