XL Specialty Insurance Company
XL Specialty Insurance Company | |
|---|---|
| Corporate identity | |
| Type | Corporation (P&C insurer) |
| Regulated | Yes |
| License type | P&C (Non-Life) |
| License number | NAIC # 37885 |
| Country | United States |
| Regulator | Delaware Department of Insurance |
| Ultimate parent | Greenwich Insurance Company (indirect) |
| Group status | Subsidiary |
| Business & markets | |
| Operating status | Active |
| Lines of business | Other liability, inland marine, aircraft, specialty lines |
| Geographic markets | United States; Canadian branch |
| Key financials (2020) | |
| Currency | USD |
| Revenue | USD 359,584,650 (premiums earned) |
| Net income | USD (43,704,975) |
| Gross written premium | USD 3,397,300,650 |
| Total assets | USD 1,941,869,296 |
| Equity | USD 461,916,745 |
🛡️ XL Specialty Insurance Company is a United States property and casualty insurer supervised under the U.S. state-based regulatory regime and examined by the Delaware Department of Insurance as of December 31, 2020, holding NAIC company code 37885.[1] The company operates within the AXA XL U.S. insurance platform as part of the XL America Group, participating in intercompany pooling and reinsurance structures, with AXA SA identified as the ultimate parent following the 2018 acquisition of XL Group.[2] At year-end 2020, the Delaware examination report showed total admitted assets of approximately $1.94 billion, gross premiums written of approximately $3.40 billion, net premiums written of $392.7 million, policyholder surplus of $461.9 million, and net income of $(43.7) million, reflecting significant affiliate cessions and pooling mechanics.[1] The company's direct premium concentrations include other liability, inland marine, and aircraft coverages, and AXA XL policy documentation references a Canadian branch.[3]
References
- ↑ 1.0 1.1 "XL Specialty Insurance Company — Delaware DOI Examination Report (as of December 31, 2020)" (PDF). Delaware Department of Insurance. 2022.
- ↑ "XL Insurance America, Inc. — Delaware DOI Examination Report (as of December 31, 2020)" (PDF). Delaware Department of Insurance. 2022.
- ↑ "Machinery Breakdown Risk Consulting". AXA XL. Retrieved 13 March 2026.