XL Group plc announced on Thursday that Ramani Ayer has joined the Company’s Board of Directors. Ayer is the former Chairman and Chief Executive Officer of The Hartford Financial Services Group, Inc.
Ayer in October 2009 after spending more than 12 years in those positions. In that time he built The Hartford into a recognized leader in Property & Casualty Insurance and Life and Investment Products. The Hartford’s Property and Casualty franchise is a market leader with $10 billion of premiums across Personal, Commercial and Specialty lines of insurance.
During his 36-year career with The Hartford, Ayer held progressively senior roles including Staff Assistant to The Hartford’s Chairman and CEO from 1979 to 1980, Executive Vice President of Hartford Reinsurance Management Co. from 1980 to 1984, President of Hartford Specialty Company from 1984 to 1990, and President of Hartford Property Casualty Company from 1990 to 1997.
Commenting on the appointment, XL’s Chairman Robert Glauber said: “We welcome Ramani to the XL Board. His vast knowledge and industry experience complement the existing expertise of the Board and will benefit the Company as XL continues to build on its solid foundation, global platform, and depth of underwriting talent.”