When it was launched, the program was the first Sino-foreign insurance leadership course endorsed by the CIRC to include sessions in both China and other countries. It consists of various educational sessions focusing on strategic and operational market issues such as corporate governance, product innovation and risk management.
XL’s Chief Executive Officer, Mike McGavick, commented: “We strongly believe that as a global company we have a responsibility to contribute to the development of our industry in those markets where we have a presence. We are very proud to be part of this important initiative and appreciate the unique opportunity to share our global insights on the insurance industry to support the Chinese government’s goal of further strengthening this sector of their economy.”
The one-week module conducted at Wharton during the week of April 17 completed the Program that started in Zhuhai, China and included more than 20 participants. It covered different aspects of risk management as well sessions on marketing and leadership. XL senior managers traveled to Wharton to give lectures on catastrophe risk management and the insurance industry from a global perspective. The program ended on April 23 with a graduation ceremony.
About XL Capital Group XL Capital Ltd, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty, and specialty products to industrial, commercial, and professional firms, insurance companies and other enterprises on a worldwide basis. More information about XL Capital Ltd is available at www.xlgroup.com