XL Re Appoints Dieter Kohl Sr. VP, European Casualty Manager

October 17, 2003

Bermuda’s XL Re Ltd. announced that Mr. Dieter Kohl has been appointed to the new position of Senior Vice President and continental European Casualty Manager.

He will be based in London, reporting to David J. Watson, Executive VP and General Manager of XL Re’s – London branch.

The bulletin said Kohl, “will be responsible for the management and development of multi- national Casualty business for continental European clients.” He has 24 years experience in worldwide casualty reinsurance, particularly in “continental European Casualty markets, Environmental Impairment Liability, Electro Magnetic Fields, US Liability and Product Recall.”

Watson commented, “We are very pleased to acquire an underwriter with Dieter’s experience to head our European Casualty Business unit. We believe this will enable us to expand relationships with our clients as we strive to develop our Casualty business in continental Europe.”

XL Re Europe CEO Charles Werner Skrzynski, added: “Dieter’s extensive knowledge and experience of the European Casualty market will allow us to fully respond to brokers’ and clients’ needs, particularly in Motor and Non-Motor Casualty reinsurance.”

Kohl joins XL Re from GE ERC Global P&C Reinsurance where he served as Product Leader of all Casualty Treaty business in Europe and Asia. Prior to that, he was Head of the Casualty Center of Excellence at GE Frankona Re Munich. He has served in a number of managerial positions at Frankona Re Munich in both London and Germany.

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