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XL Hires AIG’s Balan to Expand Coverage for Terrorism, Wars

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Sept. 3 (Bloomberg) -- XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, built a team to provide crisis coverage for events including war, terrorism, kidnappings and product recalls.

The team will be led in New York by Denise Balan, who previously worked for American International Group Inc., Dublin-based XL said today in a statement distributed by PR Newswire.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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