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XL Insurance launches new political risk and trade credit unit
15 September 2011
XL Insurance has launched a new political risk and trade credit unit with recruits from QBE.
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XL Insurance, the global insurance underwriting operations of US-headquartered XL Group, has set up a new political risk and trade credit (PRTC) unit. In line with this development, XL Insurance has hired Richard Maxwell, who will have the title of chief underwriting officer in the new unit. Maxwell, will report to Neil Robertson, XL’s chief executive of Global Specialty in London.
Maxwell will be based in New York and will manage a team of political risk and trade credit underwriters in both...
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