As reinsurers continue to seek growth amid a soft market, XL Re’s US operations are well placed to ride out the challenging environment, John Welch, president and CEO of XL Reinsurance America, tells Intelligent Insurer.
A well-diversified business, XL Re America has continued to extend its reach into new lines while cashing in on opportunities such as partnering with alternative capital.
It is this forward-thinking approach that has allowed the business to retain a healthy position in the market despite continued softening.
John Welch, president and CEO of XL Reinsurance America explains that the environment hasn’t caused XL Re to change the way that it does business, just the level of business that it wants to do.
XL Re, XL Reinsurance America, John Welch, alternative capital, diversification