Examples of XL Bermuda in a sentence
This release, however, shall not release, acquit, exonerate, discharge, affect or modify any claims arising from or relating to any obligations, representations or warranties and covenants, under this Settlement Agreement, the Escrow Agreement, or the XL Bermuda Settlement Agreement.
Its performance is formally monitored and reported to the XL Bermuda Ltd Audit Committee.
Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Account Party and its respective consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP or (in the case of XL Bermuda or XL Re) SAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in Clause (B) of the first sentence of this paragraph.
Any exceptions identified are notified to the XL Bermuda Ltd Audit Committee for ratification.A report is issued at the conclusion of each audit assignment to the relevant senior management.
The results of the audits and resolution status of internal audit issues are presented to the XL Bermuda Ltd Audit Committee and Executive Management on a regular basis.
XL Bermuda Ltd (the “Company” or “XLB”) is an exempted company incorporated and domiciled in Bermuda and registered as a Class 4E insurer under the Insurance Act 1978.
Directors and Officers Indemnification and Insurance We have purchased directors and officers liability and corporation reimbursement insurance from a group of insurers comprising ACE American Insurance Co., St. Paul Mercury Insurance, RLI Insurance Co., Federal Insurance Co., AIG Cat Excess Liability International, Allied World Assurance Company, Ltd., and XL Bermuda Ltd.
Match each phrase with the correct term.1. Predictive valueInformation is useful in projecting cashflows.
The two most significant arrangements involve Syndicate 2003 and XL Bermuda Ltd and amounts related to these contracts are detailed in Note 19.1.The Company's reinsurance strategy is considered as part of the annual business planning process.
The results of the audits and resolution status of internal audit issues are presented to the XL Bermuda Ltd Audit Committee and executive management on a regular basis.