XL Re – Growth Drivers
Change in terms and conditions to improve ROEs
- Rate + risk deductibles + lower limits + lowers commissions = accelerating cash flow
- Capitalize on leadership position as reinsurer of choice for specialty lines
- Exceed corporate target of 15% ROE
Leverage global reinsurance franchise
- Solidify and expand client relationships
- Majority ownership of LeMans Re in 2002
Flight to quality in both traditional markets and financial solutions products
- Strong balance sheet
- Limited universe of AA or higher reinsurers