Login Register Subscribe
Current Issue


BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

XL Group anticipates increased regulatory oversight after Catlin deal


Ireland-based XL Group P.L.C. said that it expects increased oversight from regulators globally after its proposed acquisition of Bermuda's Catlin Group Ltd., reports Bloomberg.

"Following the completion of the proposed acquisition of Catlin, we believe that we would meet the criteria to be designated" an internationally active insurance group, the company said in its annual filing with U.S. Securities and Exchange Commission. XL Group "may become subject to a proposed international capital standard and enhanced regulatory supervision" if the insurer gets the IAIG label after the deal, added the insurer.

Read more