At XL size matters in reinsurance, but so does selecting the right capital

Mon, 08/01/2016 - 09:06
by Artemis

XL Group, the recently re-domiciled to Bermuda insurance and reinsurance group, believes firmly that size matters as a provider of reinsurance capacity, but also that when selecting how to manage risks choosing the right capital source is key.



Speaking during the companies second-quarter earnings call yesterday, CEO of XL Group Mike McGavick explained; “Our view was that becoming a leader in the reinsurance marketplace, particularly in the catastrophe marketplace where we had a very long track record of extraordinary results, was the way that we could continue to participate effectively in that marketplace given the structural changes that are going on.”

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