September 21, 2017 2:30 AM ET

Insurance

Company Overview of XLIT Ltd.

Company Overview

XLIT Ltd. provides property, casualty, and specialty products to industrial, commercial and professional firms, insurance companies, and other enterprises. The company was formerly known as XL Group Ltd. and changed its name to XLIT Ltd. in November 2011. The company was founded in 1986 and is based in Hamilton, Bermuda. XLIT Ltd. operates as a subsidiary of XL Group Ltd.

XL House

One Bermudiana Road

Hamilton,  HM 08

Bermuda

Founded in 1986

Phone:

441-292-8515

Fax:

441-292-5280

Key Executives for XLIT Ltd.

Company Secretary
Age: 50
Assistant Company Secretary
Compensation as of Fiscal Year 2017.

XLIT Ltd. Key Developments

XLIT Ltd. Announces Amendment of Early Tender Date, Withdrawal Deadline and Price Determination Date for its Outstanding 5.500% Subordinated Notes Due 2045

XL Group Ltd. announced that its wholly-owned subsidiary, XLIT Ltd. is amending the early tender date, the withdrawal deadline and the price determination date with respect to its previously announced tender offer to purchase for cash the 5.500% Subordinated Notes of XL-Cayman due 2045, subject to the Acceptance Priority Levels, the Aggregate Maximum Repurchase Amount and the 2045 Notes Cap, each as described in XL-Cayman's amended offer to purchase, dated June 20, 2017, relating to the 2045 Notes and certain other securities. The Early Tender Date has been extended from 5:00 p.m., New York City time, on June 21, 2017, to 5:00 p.m., New York City time, on July 6, 2017, unless further extended in accordance with the terms of the Offer to Purchase. The Withdrawal Deadline for the 2045 Notes Offer has been extended from 5:00 p.m., New York City time, on June 21, 2017, to 5:00 p.m., New York City time, on July 6, 2017, unless further extended in accordance with the terms of the Offer to Purchase. The Price Determination Date for the 2045 Notes Offer has been changed from 2:00 p.m., New York City time, on June 21, 2017, to 2:00 p.m., New York City time, on July 6, 2017. Holders who have previously validly tendered 2045 Notes do not need to re-tender their 2045 Notes or take any other action in response to the amendments to of the 2045 Notes Offer announced today. Withdrawal rights for the 2045 Notes will now expire at 5:00 p.m., New York City time, on July 6, 2017.

XLIT Ltd. Announces Dividend on Its Series D and Series E Preference Ordinary Shares, Payable on April 18, 2017

XL Group announced that its the board of directors of its wholly-owned subsidiary, XLIT Ltd., resolved to pay a dividend of $10.4730 per share on its Series D Preference Ordinary Shares, which dividend will be paid on April 18 to all preference shareholders of record as of April 14, 2017. XLIT Ltd. will also pay a dividend of $32.50 per share on its Series E Preference Ordinary Shares, which dividend will be paid on April 18, 2017 to all preference shareholders of record as of April 14, 2017.

XLIT Ltd. Resolves to Pay Dividend, Payable on January 17, 2017

The board of directors XLIT Ltd. has resolved on October 28, 2016 to pay a dividend of $10.2222 per share on XLIT Ltd.'s Series D Preference Ordinary Shares, which dividend will be paid on January 17, 2017 to all shareholders of record as of January 13, 2017.

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Recent Private Companies Transactions

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