Esposito goes early from XL to concentrate on SCA
Bermudian reinsurer XL has announced that its chairman Michael Esposito, has resigned to concetrate on his chairmanship of Security Capital Assurance (SCA), XL's troubled 46%-owned financial insurance affiliate.
Mr. Esposito earlier this year announced his intention to step down from the XL board in 2008. In his communication to the XL board Mr. Esposito expressed his view that SCA's current need for his full
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