XL News

XL Group Names Lanzagorta Client & Distribution Leader for Mexico

XL Group plc announced the appointment of Joan Lanzagorta as Client & Distribution Leader for its operation in Mexico, effective as of mid-April. He has broad experience in the Insurance industry. Prior to joining XL Group he spent 3 years …

Former BUPA Head Gooding Joins XL Board

XL Group plc announced that Valerie F. Gooding has been appointed to the Company’s Board of Directors, effective at the April board meeting. Gooding served as the CEO of British United Provident Association (BUPA), an independent health insurer and service …

XL Appoints Salamanca CEO of Mexico Insurance Operation

The insurance segment of the XL Group plc has appointed Alvaro Salamanca as CEO of its operation in Mexico, effective immediately. He will report to Bruno Laval, XL’s insurance segment’s Regional Manager for Iberia & Latin America. XL described Salamanca …

XL’s Preliminary Thai Flood Loss Estimates: $135 to $185 Million

The XL Group gave preliminary net loss estimates related to the widespread floods in Thailand that reached their highest point during the quarter ended December 31, 2011, as ranging from approximately $135 million to $185 million, pretax and net of …

XL Insurance Combines Property, Asset Protection; 6 Engineering Heads Named

XL Group plc’s Insurance segment has combined its Property Underwriting and XL Global Asset Protection Services (XL GAPS) engineers to form one unified team, which consists of “nearly 200 risk engineers worldwide.” XL said its goal is to “efficiently direct …

XL Gets Brazil Go-Ahead for New Insurer

The XL Group plc and its subsidiaries announced that the Group has received final approval from the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados (SUSEP), to establish an insurance operation in the country. The company, XL Seguros Brasil …

XL Hires Another ACE Executive for Its New York Team

XL Group’s North America primary casualty group appointed industry veteran Jay Lefkowitz to a newly created position of head of U.S. risk management. Lefkowitz is based in New York and reports to Ken Riegler, who is another recent arrival at …

XL Hires ACE Exec as N.Y.-based President of America Casualty Business

XL Group’s North America property/casualty unit hired Ken Riegler as president of its North America casualty group. He will be based in New York and report to Seraina Maag, XL chief executive for North America property/casualty. Riegler comes from ACE …

Perrotti Named Senior VP in XL’s Marine Insurance Unit

The marine insurance unit at XL Group plc has added Michael Perrotti as senior vice president, marine field operations. He is based in Cleveland, Ohio. Perrotti joins XL from Zurich North America where he managed the expansion of the company’s …

XL’s Surety Unit Appoints Executive Underwriter in Baltimore

XL Group’s surety unit is expanding with the appointment of James Hoyas as vice president and executive underwriter. He is based in XL’s Baltimore office and reports to Bill Mills, senior vice president of underwriting for surety. Prior to joining …