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XL Insurance Promotes Gavin Bruce-Smythe to Chief Underwriting Officer International Property & Casualty

 — LONDON, March 15, 2011 – XL Insurance, the global insurance operations of XL Group plc (NYSE: XL), today announced the promotion of Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty (P&C) business. Previously Chief Underwriting Officer, Excess Casualty International, Mr. Bruce-Smythe’s new responsibilities as CUO will include underwriting oversight across XL Insurance’s property and casualty operations outside of North America. He is based in London, reporting to Eileen McCusker, Chief Executive of XL Insurance’s International P&C operation.

Commenting on Mr. Bruce-Smythe’s promotion, Ms. McCusker said: “As Chief Underwriting Officer, Gavin will work closely with our different P&C underwriting units to identify market opportunities and client needs and to ensure a continued focus on underwriting excellence. He will also co-ordinate with different units on complex account transactions and actively promote product development.
“We believe a CUO function across different lines of business is vital in providing a fully integrated approach for clients and brokers, and Gavin, with his extensive market and underwriting experience as well as proven track record in understanding emerging trends and risk management needs, is best suited to this central role.”

Mr. Bruce-Smythe has more than 25 years of experience in the insurance industry. He joined XL Insurance in Dublin in 1995 as an excess liability underwriter and progressed to client relationship management. In 2001 he moved to London to manage the UK region’s primary liability portfolio taking additional responsibility for the Dublin and London excess units in 2008. In late 2009 he was appointed Chief Underwriting Officer, Excess Casualty International.

About XL Insurance
"XL Insurance" is the global brand used by member insurers of XL Group plc (NYSE: XL). More information about XL Insurance is available at www.xlinsurance.com. 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 on a worldwide basis. More information about XL Group is available at www.xlgroup.com

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