XL Catlin has launched a new Global Mergers and Acquisitions Insurance Division to look for potential investment opportunities, the company announced today.
Former AIG veteran Brian Benjamin has been appointed global head of the division, leading the effort into the rapidly expanding M&A market. Benjamin’s initial focus will be on hiring underwriting teams to design a suite of transactional risk products that will allow XL Catlin's customers to maximize deal valuations and enhance the bid process, the company said.
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