TORONTO and LONDON, Jan. 16, 2017 /PRNewswire/ -- XL Catlin's P&C Underwriting Capital Management operation has appointed Anne Middleton to manage its ceded reinsurance placements globally. Previously, head of finance for several XL Catlin insurance businesses, in her new role, Ms. Middleton, who is based in London, will be responsible for overseeing and negotiating the terms, structure and pricing of XL Catlin's reinsurance programs. She reports to Mark van Zanden, Chief Executive of XL Catlin's P&C Underwriting Capital Management team.
Commenting on the appointment, Mr. van Zanden said, "Having strong reinsurance protection allows our P&C underwriting businesses to improve existing and develop new products to help our clients address their known, emerging and new business risks. Anne will be a supportive partner to our business lines as we look to build reinsurance programs that meet our risk appetites and can help us achieve our underwriting and profitable growth objectives."
Mr. van Zanden continued: "Anne's financial insights and actuarial background, along with her familiarity with many of our business lines, uniquely qualifies her for her new role at XL Catlin. She'll work closely with our business leaders providing them thoughtful analysis and innovative ideas to help them evaluate and reinsure their businesses' risk exposures."
Ms. Middleton most recently served as Head of Finance for XL Catlin's Global Energy, Property & Construction lines of insurance, providing financial support including analytics, planning, forecasting and risk underwriting monitoring to these business lines. Prior to joining Catlin in 2012 as an ERM Capital Actuary, she spent five years with PWC as a senior consultant providing actuarial as well as wider economic and risk analysis. Ms. Middleton is a graduate of the University of Oxford.
About XL Catlin Insurance Operations
XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.
About XL Catlin Reinsurance Operations
The XL Catlin reinsurance companies are among the world's leading reinsurers. They offer products that include aerospace, property, casualty, marine and specialty. The world's top insurers choose XL Catlin to help move their businesses forward. To learn more, visit xlcatlin.com.
About XL Catlin
XL Catlin is the global brand used by XL Group Ltd.'s (NYSE: XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xl-catlin-appoints-new-global-head-of-placements-ceded-reinsurance-300391330.html
SOURCE XL Catlin