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Thierry Daucourt Joins XL Group As COO Of The International Property & Casualty Insurance Business

Stocks in this article: XL XLG

LONDON, May 21, 2013 /PRNewswire/ -- XL Group (NYSE: XL) today announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. In his role Mr. Daucourt will be responsible for supporting the unit's Chief Executive, Jason Harris, in the ongoing development and execution of its strategy and main policies to drive expansion, financial performance and efficiencies across the region. XL Group's International region includes all markets in Europe, Asia Pacific and Iberia & Latin America. Mr. Daucourt will report to Jason Harris, Chief Executive of the International P&C Insurance business and will be based in Zurich.

Jason Harris commented on the appointment: "As we look to achieve further profitable growth, we need to add capabilities and develop new products while driving efficiencies across our vast region. A consistent performance is critical to our ability to serve clients and brokers with the high level of quality that we're known for. Thierry's broad experience in management roles with other global organizations positions him well to contribute to drive these efforts."

He added, "Thierry has already demonstrated an ability to deliver results.  Throughout his career he has led teams in many different areas including underwriting, distribution, organizational structure, IT and change management. I am delighted to have in him a strong leader joining our team." 

Thierry Daucourt brings over 30 years' experience in the insurance industry to his new role. He joins XL Group from Chubb Insurance Company of Europe, where his last role was as Regional Manager Southern Europe. Since 1998, during his tenure with Chubb Europe, he progressed through various management roles. Prior, he was with Zurich Financial Services and also held various positions with Winterthur Insurance, including Head of the International Division, based in France. He is a Swiss national, married with two children.

About XL's Insurance Operations

XL Group plc's insurance companies offer property, casualty, professional and specialty insurance products globally. Businesses that are moving the world forward choose XL as their partner. To learn more, visit xlgroup.com/insurance.

About XL Group plc

XL Group plc, 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 throughout the world.

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