Key Developments: XL Group PLC (XL.N)

XL.N on New York Stock Exchange

38.02USD
31 Jul 2015
Change (% chg)

$-0.38 (-0.99%)
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$38.40
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Latest Key Developments (Source: Significant Developments)

XL Group plc announces appointment of Eugene McQuade as Chairman of the Board
Monday, 11 May 2015 04:45pm EDT 

XL Group plc:Announces that Director Eugene M. McQuade has been appointed as Chairman of the Board.Eugene M. McQuade succeeds Robert R. Glauber.  Full Article

XL Group plc announces completion of Catlin Group Limited acquisition
Friday, 1 May 2015 06:00am EDT 

XL Group plc:Says that it has completed the acquisition of Catlin Group Limited.Following the parties' previously announced entry into an agreement on Jan. 9, 2015 to acquire all of the capital stock of Catlin to form a combined business.The closing of the transaction follows the receipt of all necessary regulatory approvals, Catlin shareholder approval, and sanctioning of the scheme of arrangement by the Supreme Court of Bermuda.  Full Article

XL Group plc announces quarterly dividend
Friday, 20 Feb 2015 08:16am EST 

XL Group plc:Declared a quarterly dividend of $0.16 per ordinary share.Payable on March 31 to ordinary shareholders of record as of March 13.  Full Article

XL Group plc announces acquisition of Catlin Group Ltd
Friday, 9 Jan 2015 05:43am EST 

XL Group plc:Says it will offer to acquire all of the capital stock of Catlin Group Ltd to form a combined business which is expected to have a presence in the global specialty insurance and reinsurance markets.Under the terms of the transaction, XL will acquire all of Catlin's common shares for consideration of 388 pence in cash and 0.130 share of XL for each Catlin common share.On the basis of the closing price of an XL share on Jan. 8, of $35.42 the offer values Catlin at 693 pence per share.This represents a transaction equity value of about $4.1 bln dollars.  Full Article

XL Group plc announces quarterly dividend of $0.16 per ordinary share
Friday, 31 Oct 2014 09:02am EDT 

XL Group plc:Declares quarterly dividend on Oct. 30, 2014 of $0.16 per ordinary share payable on the company's ordinary shares.Dividend will be payable on Dec. 31 to ordinary shareholders of record as of Dec. 15.  Full Article

XL Group plc appoints new chief financial officer
Wednesday, 15 Oct 2014 10:00am EDT 

XL Group plc:Names Michael Garceau as new Chief Financial Officer, succeeding Chris Dougherty who assumes the newly created position of Executive Vice President, Underwriting and Ceded Re.Garceau is promoted to the CFO position from his previous position as Chief Operating Officer (COO) of XL Group's North America Property & Casualty business.  Full Article

XL Group plc declares quarterly dividend
Thursday, 31 Jul 2014 09:00am EDT 

XL Group plc:Declared a quarterly dividend on July 30 of $0.16 per ordinary share payable on Sept. 30 to ordinary shareholders of record as of Sept. 15.  Full Article

XL Group plc creates cyber & technology risk business unit
Wednesday, 18 Jun 2014 10:30am EDT 

XL Group plc:Says to meet rapidly growing demand for cyber insurance in the US and Canada, XL Group's Global Professional unit has established North America Cyber & Technology Risk business unit.XL Group previously provided cyber and technology errors and omissions insurance coverage through its Select Professional business unit, which provides miscellaneous professional liability insurance to various business niches.  Full Article

XL Group announces completion of previously announced life reinsurance transaction
Monday, 2 Jun 2014 08:30am EDT 

XL Group plc:Completes sale of XL Life Reinsurance (SAC) Ltd to GreyCastle Holdings Ltd for $570 mln in cash.  Full Article

XL Group plc announces sale of life reinsurance subsidiary for $570 mln in Cash
Thursday, 1 May 2014 05:17pm EDT 

XL Group plc:Says that XL Insurance (Bermuda) Ltd has entered into a definitive agreement to sell its wholly-owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd for $570 million in cash.Transaction is expected to be completed in the second quarter of 2014.  Full Article

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