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XL Group launches new Reinsurance Global Emerging Markets unit

XL Group has unveiled a new Reinsurance Global Emerging Markets unit to benefit development in reinsurance markets.

Led by Philippe Rochaix, who is currently in charge of the Latin America Reinsurance operations, the unit will form part of XL’s newly-named International Reinsurance business group under the continued leadership of business group leader and CEO of XL Re Europe, David Watson.

Additionally, Marcus Gonzales and Bertrand Romagne will join the International Reinsurance group to manage XL’s UK and France reinsurance branches, respectively.

Watson led XL’s European, Asia Pacific and Middle East & North Africa (MENA) operations since 2006 prior to his recent role and also served XL’s London Reinsurance operations as general manager.

Rochaix held service with XL’s Reinsurance French branch as general manager as well as XL’s Reinsurance branch in Singapore as chief underwriting officer before leading XL’s Latin America Reinsurance operations.

XL’s Reinsurance Operations chief executive James Veghte said, "The establishment of a dedicated Reinsurance Global Emerging Markets unit underscores the increasing importance of these markets and our commitment to serving them."