XL Hires ACE Exec as N.Y.-based President of America Casualty Business

December 15, 2011

XL Group’s North America property/casualty unit hired Ken Riegler as president of its North America casualty group.

He will be based in New York and report to Seraina Maag, XL chief executive for North America property/casualty.

Riegler comes from ACE USA where he was president of foreign casualty group and the North American multinational client Group, managing nine regional and six satellite offices. Previously, he was responsible for ACE risk management’s business throughout the western half of the United States.

Before joining ACE in 1999, Riegler held regional management and underwriting positions with Reliance National and New Jersey Manufacturers Insurance Company.

XL Group companies have 60 offices in more than 20 countries with 4,000 employees. As of Sept. 30, 2011, the company had consolidated assets of $46.6 billion and consolidated shareholders equity of $10.9 billion. XL’s insurance segment provides property, casualty, professional and specialty insurance products.

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