AXA XL uses two forms of cookies on this site:

  1. to enable the site to operate and retain any preferences you set
  2. for analytics to make the site more relevant and easy to use

These cookies do not collect personal information. For more information about our cookie usage, please click here. To comply with EU privacy laws you must consent to our use of cookies.

By using this site, you agree that we can place these types of cookies on your device. If you choose to change your cookie settings you will be presented with this message the next time you visit.

Press Center

XL Insurance Expands Underwriting Capacity for Construction Projects

 — NEW YORK, September 4, 2007 -- XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced the increase of its underwriting capacity for construction projects, more than doubling its available capacity from $40 million to $100 million per project.
John Gallagher, XL Insurance’s Chief Underwriting Officer -- Global Property, said: "Like many industries, the construction sector faces its share of business risks. To better serve this industry, we are pleased to extend our underwriting capacity and more importantly, we are especially pleased to be able to deliver this new capacity with an expanded team of underwriters experienced in managing construction-related risks."
As part of a long term global expansion in the construction sector, XL Insurance also announced the addition of new underwriters in Spain, France, the Netherlands and the UK to its European construction team. These underwriters join the XL Insurance global team of underwriters including those in the US and Canada.
“XL Insurance" is the global brand used by member insurers of the XL Capital Ltd (NYSE: XL) group of companies. More information about XL Insurance and its products is available at
Through its operating subsidiaries, XL Capital Group is a leading provider of global insurance and reinsurance coverages and services to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. As of June 30, 2007, XL Capital Ltd had consolidated assets of approximately $60.2 billion and consolidated shareholders’ equity of approximately $11.5 billion. More information about XL Capital Ltd is available at