XL Insurance appoints Regional Energy Underwriting Manager for Europe and Asia
HAMILTON, BERMUDA - August 25, 2009
LONDON, 25 August, 2009 - XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced the appointment of Peter Bitterlin as Regional Underwriting Manager for Energy. In his new role he will be heading XL Insurance’s onshore energy team for Europe and Asia Pacific and will be based in London.Mr. Bitterlin has more than 25 years’ of underwriting experience. In his last position, as Senior Underwriter Energy with Partner Re in Zurich, he focused on refineries and petrochemical risks as well as power generation plants and mining operations on a worldwide basis. Prior to this he worked for Rhine Re and Baloise Insurance Company in Switzerland.Commenting on the appointment, Gerald Kanis, Chief Property Underwriter - Europe & Asia Pacific for XL Insurance, said: “At XL Insurance we have built up a reputation for high-quality underwriting, loss prevention expertise and providing capacity to the energy market, especially for complex risks. This expertise and focus on service are proving to be real differentiators in the current market. Peter’s skills as an experienced energy underwriter will be of great benefit to our global client base and positions him well to further grow our energy operations across Europe and Asia Pacific.”XL Insurance’s global energy team has underwriters in London, New York and Bermuda.About XL Insurance “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 www.xlinsurance.com. 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. More information about XL Capital Ltd is available at www.xlgroup.com.
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