Our History

2011

– XL Group launches a rebranding, adopting the single brand
   name XL Group and the Make Your World Go tagline.
– XL Insurance (Bermuda) Ltd and XL Re Ltd qualify for 
   reduced collateral status in New York.
Selected Management Appointments
– Peter R. Porrino, Chief Financial Officer
Board of Director Appointments
– Ramani Ayer, Former Chairman and Chief Executive Officer,
   The Hartford Financial Services Group, Inc.
– Suzanne B. Labarge, Former Vice Chairman and Chief Risk
   Officer, Royal Bank of Canada (RBC Financial Group)

2010

– XL Group plc (NYSE: XL), formerly XL Capital Ltd, completes 
   redomestication to Ireland and name change.
– XL Group establishes Office of Strategic Growth.
– XL Group announces new $1 billion share buyback program.
– XL Re Ltd becomes first Bermuda company to qualify as an 
   eligible reinsurer in Florida.
– XL Group obtains licenses to establish operations in China.
– XL Insurance launches global claims management system.
Selected Management Appointments
– Irene Esteves, Chief Financial Officer
– Gregory S. Hendrick, Executive Vice President, Strategic
   Growth
– Charles Cooper, President and Chief Underwriting Officer,
   XL Re Ltd
– Seraina Maag, Chief Executive Officer, North America 
   Property and Casualty
– Philippe Rochaix, President and Chief Operating Officer, 
   XL Re Latin America Ltd
– Patrick Tannock, President of XL Insurance (Bermuda) Ltd

2009

– Stock gains 395%, taking the number one spot on the
   S&P 500 Index.
– XLRe recognized for eCommerce leadership by the 
   Association for Cooperative Operations Research and
   Development.
– XL receives approval to begin preparing to set
   up a P&C (non-Life) company in China.
Selected Management Appointments
– Elizabeth L. Reeves, Executive Vice President and
  Chief Human Resources Officer
– W. Myron Hendry, Chief Platform Officer
Board of Director Appointments
– Clayton S. Rose, Professor of Management Practice,
   Harvard Business School
– Tom Hutton, Managing Partner, Thompson Hutton LLC

2008

– XL Capital Ltd announces agreement with Security
   Capital Assurance on pre-IPO guarantee and 
   reinsurance agreements.
– XL Capital Ltd announces capital raise.
– XL Insurance opens branch office for the Asian region
   in Singapore.
– XLRe approved to begin operations in Brazil as a local,
   admitted reinsurer.
– XL Insurance announces formation of Global Product
   Development Team.
– XL Capital Ltd hosts XL Congress, a global risk conference
   in Washington, D.C.
– XL Capital Ltd supports rebuilding efforts in China earthquake
   disaster.
Selected Management Appointments
– Michael S. McGavick, Chief Executive Officer
– David Duclos, Chief Executive Officer, Insurance Operations
– Celia Brown, Head of Global Human Resources and
   Corporate Relations
– Jacob D. Rosengarten, Chief Enterprise Risk Officer

2007

– XL Insurance acquires Global Asset Protection Services LLC
   (XL GAPS), a leading provider of unbundled loss-prevention
   consulting services.
– XL Insurance opens a regional office in Houston.
– XL sponsors the second China Insurance Industry
   Executive Leadership Program.
– XL holds its second Global Day of Giving, supporting the
   communities where XL companies operate.
– XL Insurance enters into an agreement to rename the Hartford
   Civic Center, Connecticut's premier sports and entertainment
   venue, the XL Center.
Selected Management Appointments
– Brian Nocco, Chief Financial Officer
– Kirstin  Gould, General Counsel
Board of Director Appointments
– John M. Vereker, former Governor and Commander-in-Chief, 
   Bermuda.

2006

– XL commemorates its 20th anniversary with events including
   XL Congresses in Boston and Berlin and an inaugural Global
   Day of Giving, dedicated to giving back to the communities
   where XL companies operate.
– XL Capital Ltd and Banco Itaú Holding Financeira S.A. form
   a joint venture insurance company in Brazil.
– Security Capital Assurance Ltd (SCA) and XL Group executives
   mark SCA's IPO at the New York Stock Exchange.
– XL Capital Ltd opens a Representative Office in Beijing following
   approval by the China Insurance Regulatory Commission.
– XL sponsors the first Sino-foreign executive training and 
   development program for insurance regulators and executives of
   the People's Republic of China.
– XL Re Europe Limited, a new fully licensed European
   reinsurance company based in Dublin, is formed.
Selected Management Appointments
– Sarah E. Street, Chief Investment Officer
– James H. Veghte, Chief Executive, Reinsurance General
   Operations
– Robert Douglas, Chief Executive Officer, XL Re Life
– Daniel Sussman, Chief Executive, Financial Lines
Board of Director Appointments
– Herbert N. Haag, former President and Chief Executive Officer,
   PartnerRe Ltd.
– Joseph Mauriello, former Deputy Chairman and Chief Operating 
   Officer, KPMG LLP (United States)

2005

– XL raises $3.2 billion through the issuance of ordinary shares
   and equity security units.
– XL Insurance launches a new Excess and Surplus lines unit.
– XL completes its largest-ever annuity reinsurance transaction
   in its Life and Annuity reinsurance operations, at $1.8 billion.
– The Fine Art and Specie unit is strengthened, and a new
   underwriting team is appointed to develop International Aviation
   business in London.
– XL acquires a minority interest in Artemis Advisors, an
   investment advisor in New York.
– A new underwriting unit is formed to handle North American
   Casualty Umbrella and Excess business in London.

2004

– XL Insurance Company Limited announces the establishment
   of a branch office in Poland.
– XL Capital Ltd ("XL Group") contributes $100 million additional
   capital to Financial Guaranty subsidiary.
– XL opens a new London office and partners with London charity
   Community Links.
– XL launches a whole account commercial property insurance
   initiative with capacity of $500 million.
– The XL Insurance companies expand Directors and Officers
   product line across Europe.
Selected Management Appointments
– Clive Tobin, Chief Executive Officer, Insurance Operations
– Paul Giordano, Chief Executive Officer, Financial Products 
   and Services Operations
Board of Director Appointments
– Eugene M. McQuade, Chief Executive Officer, Citibank, N.A.

2003

– XL hosts the first XL Group Congress, “Thought Leadership
   for a World at Risk," in Switzerland.
– XL America and ICAT partner to underwrite catastrophe risks
   for small and midsize businesses.
– XL America acquires renewal rights for professional liability
   policies from Royal & Sun Alliance USA's DPIC unit.
– The XL Winterthur International companies are rebranded as
   XL Insurance Global Risk.
– Le Mans Re becomes a wholly owned subsidiary and is
   renamed XL Re Europe.
– XL launches its “One Company Without Borders”' corporate
   cultural change program.

2002

– XL becomes the major shareholder of Le Mans
   Re, holding 67%.
– XL Capital Assurance Inc. establishes AAA rated, London-
   based financial guarantee subsidiary, XL Capital Assurance
   (U.K.) Limited.
– XL Winterthur International partners with GE Global Asset
   Protection Services to offer risk management services.
– ACE Limited and XL Capital Ltd establish joint chair at
   St. John's University’s School of Risk Management, Insurance
   and Actuarial Science.
– XL makes strategic investment in Stanfield Capital
   Partners LLC.

2001

– XL Financial Assurance Ltd. and XL Group Assurance Inc.
   receive Aaa financial strength rating from Moody's Investor
   Services.
– Element Re is named "Company Launch of the Year" by
   The Review.
– XL Insurance (Bermuda) Ltd completes the purchase of
   Winterthur International.
– XL Mid Ocean Reinsurance, NAC Reinsurance Corporation
   and Latin America Reinsurance names are changed to reflect
   the global branding strategy of XL Group's reinsurance
   operations.
– Latin America Reinsurance company becomes a wholly owned
   subsidiary of XL Group and changes its name to
   XL Re Latin America Ltd.
Board of Director Appointments
– Dale R. Comey, former Executive Vice President,
   ITT Corporation

2000

– XL Specialty Insurance Company signs an agreement to
   purchase the US surety operations of CGU Insurance.
– XL Capital Ltd forms Element Re Capital Products Inc.
   for its non-Catastrophe Weather Risk Management products.
– XL Capital Ltd makes a strategic investment in
   Agora Capital Management.