XL Insurance

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“NEW YORK…/PRNewswire/ -- XL Insurance, XL Capital Ltd's global insurance operations, today announced the appointment of Seraina Maag as Chief Executive of its North America Property & Casualty unit. She succeeds Dennis Kane, who is retiring at the end of the year. Ms. Maag most recently headed the Zurich North America Commercial, Specialties Business Unit, managing all aspects of that operation with offices across the United States. She is a member of the World Economic Forum Young Global Leaders group, and was named one of Business Insurance magazine's 2009 Women to Watch. Upon joining XL Insurance, she will report to David Duclos, XL's Chief Executive of Insurance Operations, and be based in New York…Throughout her career, Ms. Maag has held leadership positions in commercial insurance and finance in the US and abroad. Prior to her most recent role, she was financial officer for Zurich's North America Commercial Specialties Business after spending four years running Investor Relations & Rating Agencies for Zurich Financial Services in Switzerland. In that role, Ms. Maag was responsible for managing the Group's relationships with investors, analysts and rating agencies on a global basis. Before joining Zurich in 2002, Ms. Maag was a partner and financial analyst for NZB Neue Zuercher Bank in Switzerland. Between 1990 and 2000 she held various senior management positions with Swiss Re in Switzerland and Australia.”