General Insurance Article - XL Group restructure international primary casualty business


 The insurance segment of XL Group has announced that it has restructured its International Primary Casualty business. In the new structure, four teams built around underwriting tasks and account type underscore a true client focus, allowing the unit to better respond to the needs of clients and brokers. International Primary Casualty serves large corporations in Europe, including the UK, Asia, Australia and Latin America.

 Thomas Stamm, chief Underwriting officer International Primary Casualty, said “We’ve seen that globalization and changing legislation pose increasing and similar risks to many of our clients. Some of these risks are particularly complex due to the nature of the client’s business or the projects they participate in. Our new structure lets us be even more nimble and innovative. By working closer together with our clients and brokers it’s now easier for us to find answers to their needs. To do this we bring together experts with a true entrepreneurial spirit and the best skill set to lead our new teams.”

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