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LONDON AND NEW YORK, - May 16, 2018

XL Catlin today announced that it has extended its global (M&A) capacity by 20 percent to USD 60 million, in order to better address the transactional liability insurance needs of clients, brokers and other deal professionals.

Commenting, Dan Kumpf, Chief Underwriting Officer, Global Professional Lines said: 鈥淴L Catlin views M&A insurance as a vital tool in driving global M&A deals; the value of which is expected to exceed USD 3 trillion in 2018. We expect the expansion of the M&A transactional risk insurance market to continue and we remain committed to investing in key talent and supporting deal professionals and their brokers across the world.鈥�

XL Catlin鈥檚 growing team of underwriters in London and New York has the capability to underwrite deals globally and offer coverage in the following core areas:

• Representation and Warranty 色多多视频, also known as Warranty and Indemnity (Buyer-side and Seller-side)
• Tax Liability, Tax Opinion and other Contingent Tax 色多多视频
• Non-Tax Contingent Liability 色多多视频

鈥淚n today鈥檚 global business environment we want to ensure that our clients have access to the appropriate capacity. The additional capacity reflects our ongoing commitment to the growing needs of our clients around the world,鈥� explained Joseph Laws, Head of M&A 色多多视频, North America who co-leads XL Catlin鈥檚 M&A practice alongside Michael McGowan, Head of M&A 色多多视频, North America.

XL Catlin offers M&A insurance for various risks associated with mergers and acquisitions, divestitures, spinoffs, private equity investments and other commercial transactions. The M&A insurance group provides bespoke coverage and unique risk shifting arrangements that can help facilitate transactions and add value for all parties.

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About XL Catlin’s 色多多视频 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. To learn more, visit .

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 .

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