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XL Insurance strengthens its International Property Business

 — London – 18 July 2011 – XL Insurance, the global insurance operations of XL Group plc (NYSE: XL), announced changes in its International Property business. The moves are in line with XL Insurance’s strategy of providing innovative solutions that anticipate and respond to clients’ needs.

Ralf Brunner has been appointed Property Underwriting Manager for Germany and Switzerland, based in Munich. Mr. Brunner will report to Uwe Kutschera, currently Property Underwriting Manager for Germany. Mr. Kutschera’s responsibilities will expand to cover Austria, CIS/Russia, Germany, Italy and Switzerland.

In addition, Jürgen Cherreck, currently Property Underwriting Manager Switzerland and Southern & Eastern Europe, will take on a new role to help drive strategic growth and a relentless focus on underwriting excellence across XL Insurance’s International Property business.

Ralf Brunner re-joins XL Insurance having spent just over two years with Allianz Global Corporate & Specialty in Germany, where he was Team Leader Property Underwriting. Prior to joining Allianz Mr. Brunner was with XL Insurance in Germany from 2004 until 2009. He has over 20 years’ industry experience as property underwriter for the German speaking countries.
“We are very pleased to have Ralf come back to XL Insurance and be able to count on his in-depth knowledge of the German speaking markets”, commented Uwe Kutschera.

Matthias Horntrich, Chief Underwriting Officer, International Property said: “We will rely on the expertise of Ralf, Uwe and Jürgen to maximise opportunities by expanding our offerings across the region to better serve our clients and further enhance our position in the market.”

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 was formed in 1986 in response to the unmet risk management needs of 68 of the world's largest companies. This year, as XL celebrates its 25th anniversary, it remains the company clients look to for innovative insurance and reinsurance solutions for their most complex risks.

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