XL Group secures Catlin takeover-paper
December 21, 2014 at 08:33 AM EST
LONDON, Dec 21 (Reuters) - Insurance and reinsurance company XL Group has finalised a 2.53 billion pound ($3.95 billion) takeover of Catlin Group Ltd, operator of the biggest syndicate in the Lloyd's of London insurance market, the Sunday Times reported, citing a source close to XL.