PRESS RELEASE

XL Catlin appoints new global chief underwriting officer, property

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Monday, March 20, 2017

PRESS RELEASE

By XL Catlin

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LONDON, UK MON MAR 20, 2017 -

XL Catlin's insurance operations today announced the appointment of Tim McMahon as Global Chief Underwriting Officer, Property, effective May 1st, 2017.

Mr. McMahon will be responsible for overseeing underwriting for XL Catlin's Property insurance solutions across the world. In this role, Mr. McMahon joins XL Catlin's Global Insurance Underwriting team, sharing responsibility for the management of XL Catlin's global portfolio. He will be based in London.

Neil Robertson, Chief Executive, Insurance Underwriting, commented: "I'm delighted that we were able to appoint somebody from within our internal talent pool to this role. Tim has an impressive track record at XL Catlin and is ideally positioned to further develop our property solutions to achieve profitable growth."

Tim McMahon has over 20 years' experience in re/insurance. He joined XL Catlin in 2011 as Head of Property, Asia Pacific, based in Singapore, before being promoted to Head of Energy, Property & Construction, Asia Pacific, now based in Australia. During his career, he has worked across wholesale, retail and reinsurance, and has held senior leadership positions spanning multinational, domestic and delegated authority businesses.

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

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.