XL Re America appoints new COO
XL Reinsurance America has appointed John Welch, as president and chief operating officer. He will report to James H. Veghte, chairman and chief executive officer of XLRA, and chief executive of XL’s reinsurance general operations. Mr. Welch will also join XL’s reinsurance executive group, composed of the senior officers of the various entities within the company’s reinsurance division.
Mr. Veghte commented: “I am pleased that John has accepted the position of President and COO of XLRA. He has a broad range of experience in the actuarial, underwriting, strategic planning and finance
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