Latin American Re has adopted the global brand name of its parent company XL Re Ltd., renaming itself as XL Re Latin America Ltd. (XL Re LA).
The move follows XL Re’s acquisition last year of Risk Capital Holdings’ (Now Arch Capital Group’s) interest in LA Re. XL Re LA will be headed by Keith Shroyer, formerly LA Re’s Sr. VP and chief underwriting officer.
He indicated that XL Re LA had already benefited from being part of the XL Group, stating that, “Just this month, our S&P rating has been raised to “AA” and our A.M. Best rating to “A+.”
The company has offices in Argentina, Brazil, Colombia and Mexico. It specializes in traditional and non-traditional multi-line reinsurance and alternative risk management products for the growing Latin American market.
Was this article valuable?
Here are more articles you may enjoy.