XL Insurance Appoints New Property Underwriting Manager for Germany
HAMILTON, BERMUDA - November 17, 2009
MUNICH, 17 November, 2009 - XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced the appointment of Uwe Kutschera as Property Underwriting Manager for Germany, based in Munich. The appointment is effective January 1, 2010.Mr. Kutschera has over 25 years underwriting experience in the property insurance market. He joins from Allianz Global Corporate & Specialty (AGCS), where he was Regional Head in charge of all lines of business for Ireland, the Nordic Region, the Netherlands, Belgium, Switzerland, Austria, Italy, Spain and Portugal. Previous positions at AGCS include Global Property Manager as well as assignments at the company’s offices in Johannesburg, South Africa, and at their International Property Department in Los Angeles, California.Commenting on the appointment, Gerald Kanis, Chief Underwriting Officer for International Property at XL Insurance, said: “XL Insurance has built a reputation for superior underwriting and loss prevention expertise, especially for complex property risks. Germany is one of the largest property markets in the world and an important market for us. I am confident that Mr. Kutschera’s experience and leadership will be of great benefit to our significant German client base, especially in the current market when underwriting expertise and service are proving to be real differentiators.“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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