XL Group Expands Political Risk Team in New York

May 8, 2013

XL Group added two new members to its Political Risk and Trade Credit (PRTC) business.

XL appointed Mena Cammett as senior risk analyst and Dane Mahoney as risk analyst. Both are based in New York and report to Rafael Docavo-Malvezzi, PRTC’s global risk manager.

Cammett joins XL Group from Pricewaterhouse Coopers (PwC) in Washington D.C., where she was an associate for anti-corruption and corporate intelligence unit. Prior to joining PwC, she held a number of analyst positions at ERGO Emerging Markets Business Intelligence in New York, Global Trade Matters in Cairo, Egypt and at the Overseas Private Investment Corporation in Washington D.C.

Mahoney joins XL from the Institute of International Finance (IFF) in Washington D.C., where he held various research positions in its Asia Pacific and Latin America departments.

XL Group said Cammett and Mahoney bring considerable research and international business experiences, along with analytical and investigative skills that will help XL analyze clients’ risks in new and emerging markets and support underwriting units in New York, London and Singapore.

XL Group’s Political Risk and Trade Credit business offers coverage for traditional political risk perils, among them government payment default, and loss of investments from confiscation, nationalization, divestiture, political violence, export embargo and more — while trade credit coverage protects clients from loss due to payment default by obligors on trade transactions.

XL Group is the global brand used by XL Group plc’s insurance and reinsurance subsidiaries. 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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