XL Insurance Appoints Bob Shine Chief Casualty Underwriting Officer for North America

NEW YORK, May 10 /PRNewswire-FirstCall/ -- XL Insurance, XL Capital Ltd's global insurance operations, today announced the appointment of Bob Shine as Executive Vice President and Chief Casualty Underwriting Officer of its North America Property & Casualty (P&C) unit.

Mr. Shine most recently headed the Zurich North America Casualty Group, Specialties Business Unit, managing the complete casualty business, including the three units of Excess Casualty, Railroad and Wholesale lines. Prior to his work with Zurich, he held various management roles in the Excess Casualty group for AIG's American Home Assurance Company, and began his career at Fireman's Fund Insurance Company. Mr. Shine will join XL Insurance on June 14, 2010, reporting to Dennis Kane, XL's Chief Executive of the North America P & C Unit.  He will be based in New York.

In this new position, Mr. Shine will manage XL Insurance's North America Excess & Surplus Lines business, Excess Casualty lines, International Casualty and US Risk Management/Upper Middle Markets groups.  Commenting on the appointment, Dave Duclos, Chief Executive of XL's Insurance operations said: "Bob will be a fine addition to XL Insurance's North America P & C management team, with his depth of experience and understanding of both our industry and specifically all casualty lines.  We are delighted that Bob will bring an additional focus and emphasis to our casualty lines business, working closely with and building on our already strong casualty lines teams."

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 is available at www.xlinsurance.com. XL Capital Ltd, 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 Capital Ltd is available at www.xlcapital.com.

SOURCE XL Insurance

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