XL Capital Creates New Six-Person Office of Executives to Manage Firm

Fine, Jacob
June 2006
Bond Buyer;6/16/2006, Vol. 356 Issue 32404, p7
Trade Publication
The article reports on a senior management restructuring involving the creation of a small and six-person executive team to lead Bermuda Islands-based XL Capital (XC) Ltd. The team will include a chief executive officer, a chief financial officer, chief investment officer, chief executive of business services, chief operating officer and chief of staff. Earlier in 2006, XC plans to spin off about 35 percent of its financial guarantor subsidiaries.


Related Articles

  • XL Capital trims staff. Souter, Gavin // Business Insurance;10/16/2000, Vol. 34 Issue 42, p1 

    Focuses on the reorganization and employee layoffs at XL Capital. Amount of business losses sustained by the company; Phases of the company's plans to realign operations; Business lines that the company is planning to get out from.

  • XL To Exit Losing Lines, Lay Off Staff. Crombie, Roger // National Underwriter / Property & Casualty Risk & Benefits Manag;10/23/2000, Vol. 104 Issue 43, p1 

    Focuses on the announcement that Bermuda-based XL Capital Ltd. will exit unprofitable lines, reduce its workforce and re-brand key business units in October 2000. Cause of the action; Statement issued by chief executive Brian O'Hara; Reaction of New York-based Merrill Lynch to the actions.

  • Will XL Sell Off Financial Guaranty Unit? Tuckey, Steve // National Underwriter / P&C;12/5/2005, Vol. 109 Issue 46, p8 

    The article reports that the downgrade of XL Capital Ltd. by Standard & Poor's could lead to the shedding of the financial guaranty business of the company through a sale or initial public offering spinoff. The redeployment of an estimated 900 million dollars to more profitable and less...

  • XL Re-Brands, Emphasizes Service Culture. Crombie, Roger // National Underwriter / Property & Casualty Risk & Benefits Manag;02/12/2001, Vol. 105 Issue 7, p16 

    Reports on the proposal made by XL Capital head Henry Keeling to introduce measurable standards in order to rate the level of insurance services. Information on the consumer services offered by the reinsurance company; Details on its re-branding processes; Implication of a corporate...

  • XL Capital's Second-Quarter Earnings Up 165% From 2005. Hanson, Matthew // Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p5 

    The article reports on the financial performance of XL Capital Ltd., parent company of XL Capital Assurance Inc. in the U.S. The firm posted a net income of $387.2 million during the second quarter of 2006, up by over 165 percent over the same quarter in 2005. This increase is attributed to the...

  • XL revamps management structure. Parekh, Rupal // Business Insurance;6/19/2006, Vol. 40 Issue 25, p3 

    The article reports on the decision of XL Capital Ltd. to reorganize its executive management structure. Henry C.V. Keeling, who most recently served as XL's global head of business services and CEO of reinsurance life operations, has been named chief operating officer of Hamilton,...

  • IV. Corporate restructuring and the governance framework.  // OECD Economic Surveys: Korea;Sep1999, p107 

    Discusses corporate restructuring and the governance framework in Korea as of September 1999. Tasks established by President Kim Dae Jung for the corporate sector, in January 1998; Examination of regulations governing the relationship between affiliated companies in chaebols; Changes to the...

  • Breaking up is hard to do. Altman, Wilf // Cabinet Maker;3/18/2005, Issue 5430, p13 

    Discusses the financial aspects of corporate separation in Great Britain. Rules governing separation under the Inland Revenue; Complications that can arise in the granting of any financial orders against the matrimonial assets; Various option available such as to sell the business and divide the...

  • FiberMark Withdraws Reorganization Plan.  // Nonwovens Industry;May2005, Vol. 36 Issue 5, p15 

    The article discusses the decision of FiberMark Inc. to withdrew its plan of reorganization because its bondholders remain unable to resolve disputes among themselves relating to corporate governance and control issues involving the reorganized company. Despite the company's efforts to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics