Corporate Social Responsibility (CSR) is good business. Our CSR work is constantly evolving — as it should — but our focus remains constant: reducing our environmental impact, positively affecting the communities in which we live and work, developing products that increase resiliency and encouraging people to make a meaningful difference.


Throughout the year we maintained our commitment to making a difference in communities around the world, with our philanthropic efforts focused on education, youth development, health and the environment.

In 2015 we celebrated our 10th Global Day of Giving, and our first as XL Catlin. Over 4,000 employees worldwide spent the day volunteering in their local communities, serving meals at homeless shelters, teaching business lessons to high school students, rebuilding homes for low-income families and cleaning up parks and streams. Collectively we donated over 35,000 hours of service to more than 250 nonprofits and schools in 28 countries.

We also piloted a new pro-bono volunteer project with Boston Public Schools (BPS). Our Strategic Analytics team is developing visualization tools to help process complex student enrollment data, enabling BPS to more accurately allocate resources to its schools.

Over 4,000 of our colleagues lent a hand to our local communities as part of our 10th Global Day of Giving. Together we donated more than 35,000 hours of service across 28 countries.


We continue to track our carbon footprint across our offices, developing energy-saving and recycling initiatives to minimize our impact on our environment. A number of our offices are LEED (Leadership in Energy and Environmental Design) certified, with some receiving Gold ratings (Kuala Lumpur; Scottsdale, Arizona) and Silver ratings (London; Calgary and Toronto, Canada; Walnut Creek, California; Atlanta; Exton, Pennsylvania; New York and Boston). We’re currently in the process of obtaining Silver LEED certification for our offices in Wrocław, Poland, and Sydney.

XL Catlin also participated in many discussions at the recent Conference of Parties (COP21) in Paris, a forum focused on global climate change. Chief Executive Officer Mike McGavick announced that the insurance industry will join policymakers to launch the Insurance Development Forum, an initiative to reduce the impact of natural disasters and climate change in emerging markets. The initiative, which will be co-chaired by our Executive Deputy Chairman Stephen Catlin, will aim to create insurance access for some 400 million people across 52 countries in Africa, Asia, Latin America and the Caribbean by 2020.

A number of XL Catlin representatives appeared as panelists at COP21, covering subjects such as the consequences of ocean warming, policy and product innovation, incentives for emissions-reducing behavior and enhanced investment in green energy.

We were also proud to co-host the Evening for the Ocean event during COP21, focused on the Great Barrier Reef and the future of reefs worldwide. The evening featured a discussion with broadcaster and author Sir David Attenborough, entrepreneur Sir Richard Branson, Director General of World Wildlife Fund Marco Lambertini, oceanographer Dr. Sylvia Earle and XL Catlin Seaview Survey Head of Science Professor Ove Hoegh-Guldberg.

XL Catlin Seaview Survey's Chief Scientist Prof. Ove Hoegh-Guldberg chairs a discussion on "How to ensure a future for coral reefs" with panellists Sir David Attenborough, ocean explorer Sylvia Earle, Sir Richard Branson, and the WWF's Director General, Marco Lambertini, at the recent COP 21 in Paris.


The XL Catlin Seaview Survey, the world’s most comprehensive digital survey of coral reefs, entered a new phase of development in 2015 by surveying the Chagos Islands, the Maldives and Hawaii. In October, the strengthening El Niño led to bleaching reports in the Caribbean. Scientists from the XL Catlin Seaview Survey and the National Oceanic and Atmospheric Administration (NOAA) subsequently announced a new global coral bleaching incident — for only the third time in recorded history. This led to widespread media coverage across the world.

To complement XL Catlin’s commitment to ocean science, we continue to work with education providers to deliver our award-winning Oceans Education program — a series of curriculum-based resources focused on ocean literacy for 7–16 year olds. So far, over 2.5 million children worldwide have been taught using the materials. Our target is 10 million children by 2020.

We believe that insurers should take a leadership role in helping scientists learn more about the risks our clients will face in the future. The XL Catlin Seaview Survey is continuing its mission to study the world’s coral reefs, utilizing cutting edge underwater digital technologies to produce a global baseline of coral reef health.


We recognize that our own products and services can help our clients build more sustainable business practices. For the last 30 years, our environmental underwriters have been designing pollution insurance coverage and services to help businesses and industries implement strong risk management systems.

In 2015 we also strengthened our commitment to developing innovative solutions for the underinsured, particularly in emerging markets. XL Catlin joined a group of leading companies in the insurance industry to establish Blue Marble Microinsurance, a consortium and microinsurance venture incubator (MVI). The MVI has committed to launching 10 microinsurance ventures over the next 10 years, intended to deliver solutions to address the risk management needs of the underinsured.

XL Catlin is also a key participant in a new Lloyd’s of London initiative aiming to help the world’s poorest communities, which are disproportionately affected by natural catastrophes, by bridging the growing gap between economic and insured losses.

These initiatives are a great opportunity for us to demonstrate our commitment to innovate where it’s needed most, while underpinning the relevance of the insurance industry in society today.

Ethics & Governance

Integrity and responsibility are not negotiable at XL Catlin. We hold ourselves to high standards with strong governance practices. Our Code of Conduct is a key component of our Compliance Program and sets out the high standards we expect from colleagues, especially regarding marketplace and workplace conduct. XL Catlin prohibits bribery of any kind and is committed to complying with all applicable laws and regulations, including those related to money laundering and international trade sanctions. We have procedures in place, including a non-retaliation policy, to encourage colleagues and other concerned parties to report potential Code of Conduct violations and other concerns.