NU Online News Service, Feb. 26, 1:14 p.m. EST
Dublin, Ireland-based insurer XL Group plc said it has named former Hartford chief executive Ramani Ayer to its company's board of directors.
Mr. Ayer was chairman and chief executive officer of The Hartford Financial Services Group, Inc. He retired in October 2009 after spending more than 12 years in those positions.
In that time he built the company into a recognized leader in property and casualty insurance and life and investment products. The company p&c business is a market leader with $10 billion of premiums across personal, commercial and specialty lines of insurance.
During his 36-year career with The Hartford, Mr. Ayer held progressively senior roles including staff assistant to The Hartford's Chairman and CEO from 1979 to 1980; executive vice president of Hartford Reinsurance Management Co. from 1980 to 1984; president of Hartford Specialty Co. from 1984 to 1990, and President of Hartford Property Casualty Co. from 1990 to 1997.
He is also the former chairman of the American Insurance Association, the Property & Casualty CEO Roundtable, and the Insurance Services Office.
XL Group is a global insurance and reinsurance company providing p&c and specialty products to industrial, commercial, and professional firms, insurance companies and other enterprises on a worldwide basis.
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