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XL Group Strengthens Insurance Operations in Iberia and Latin America with new Client & Distribution Leader Roles

 — Madrid, Spain, June 13, 2012 – XL Group's (NYSE: XL) insurance operations (“XL Group”) announced the appointment of José Ramón Morales as Client & Distribution Leader for Iberia, focused on serving clients and brokers in Spain and Portugal. At the same time, it was announced that Luis San Juan, also a Client & Distribution Leader, will assume responsibility for driving new business with local clients in Latin America. Both are based in Madrid and report to Bruno Laval, Regional Manager Iberia & Latin America for XL Group.

José Ramón Morales joins XL Group from AXA, where he was Head of Commercial Lines with responsibility for Spain, Southern Europe and Latin America as well as the Middle East. Before that he held different management and underwriting roles with QBE Insurance, Aon Re and Gen Re. An industrial engineer by training, he also holds an MBA degree from INSEAD

Bruno Laval commented: "Providing high quality service to our clients and brokers is critical to us. I am delighted to rely on someone of the caliber of José Ramón Morales to serve our Iberian markets. I count on his great agility in working closely with our underwriters to strengthen our presence in Spain and Portugal. I am convinced that our clients and brokers will greatly benefit from his experience."

"This appointment allows us to draw on Luis San Juan's industry insights and long experience with XL now in a regional role for Latin America. In addition to business development in this important region, he will also work closely with our Client & Distribution Leaders in Spain, Brazil and Mexico to make sure that we utilize the best tools and processes to deliver consistent service quality to clients and brokers."

Luis San Juan is an industrial engineer with almost twenty years of experience in the insurance industry. Before joining XL Group in 2004 he held different positions as property and construction underwriter with GE Francona, Axa and Aon.

About XL's Insurance Segment
The Insurance segment of XL Group plc offers property, casualty, professional and specialty insurance products globally. Businesses that are moving the world forward choose XL as their partner. To learn more, visit

XL Group is the global brand used by XL Group plc's insurance subsidiaries

About XL Group plc
XL Group plc, 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 throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. Its principal offices are located at No.1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland. To learn more, visit

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