XL Group - About the company
XL Group is an acquired company based in Bermuda, founded in 1986. It operates as an Insurance and reinsurance company. XL Group has raised an undisclosed amount in funding. The company has 5 active competitors, including 4 that have exited. Its top competitors include companies like Sirius, Somerset Re and UnipolRe.
Company Details
XL Group is an insurance and reinsurance company. It provides services like professional liability insurance, casualty insurance, pollution insurance, crop insurance, professional insurance to individuals & corporates. The company operates more than 100 offices on 6 continents. In 2016, the company recorded revenues of $10.546 billion and a net income of $0.570 billion.
- Website
- xlgroup.com
- Social
Key Metrics
Founded Year
1986
Location
Stage
Acquired
Latest Funding Round
Ranked
3rd among 5 active competitors
Employee Count
1,961 as on May 31, 2026
Similar Companies
Exit Details
Acquired by AXA (Mar 04, 2018)
XL Group's acquisition details
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XL Group's funding and investors
XL Group has raised funding over 1 round.
Here is the list of recent funding rounds of XL Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2004 | 4172565 | Post IPO | 1369468 | 8543080 | 6377957 | 5931833 |
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XL Group's founders and board of directors
Founder? Claim ProfileXL Group's employee count trend
XL Group has 1,961 employees as of May 26. Here is XL Group's employee count trend over the years:
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XL Group's Competitors and alternates
Top competitors of XL Group include Sirius, Somerset Re and UnipolRe. Here is the list of Top 10 competitors of XL Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Insurance company | $226M | 56/100 | ||
2nd |  Somerset Re 2014, Bermuda, Acquired | Provider of reinsurance for life insurance and annuity product portfolios | $307M | 55/100 | |
3rd | Insurance and reinsurance company | - | - | 35/100 | |
4th | Reinsurance company | - | - | 26/100 | |
5th |  Catalina Insurance Ireland 2012, Dublin (Ireland), Acquired | Provider of reinsurance services | - | - | 22/100 |
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XL Group's Investments and acquisitions
XL Group has made no investments or acquisitions yet.
News related to XL Group
Filter this list•
Leading vehicle lift manufacturers double revenue, secure £1.45m of fundingBusiness Money•Jun 14, 2022•XL Global Group, Independent Growth Finance, XL Group
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AI insurtech CLARA bolsters board with ex-XL Group and EY executivesIntelligentinsurer•Oct 05, 2020•CLARA analytics, XL Group, EY
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Fleming Re names Jim McNichols as Chief Actuarial OfficerReinsurance News•Feb 18, 2020•Fleming Re, XL Group
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Axa completes Brazilian leg of US$15 billion XL mergerLatin Lawyer•Dec 12, 2018•AXA, AXA XL, XL Group
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New York Approves AXA Acquisition of XL GroupInsurance Journal•Sep 03, 2018•AXA, XL Group, XL Global Group
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AXA and XL Group reveal branding for combined operationsReinsurance News•Jul 11, 2018•AXA, XL Group, XL Catlin
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PRESS: Allianz Hunting For Large Acquisition With RSA And Aviva EyedLondon South East•Jun 18, 2018•Allianz, Rsainsurance, Aviva, RSA and 3 others
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