XL Opens New Insurance Office in France

XL Group announced the opening of a new insurance office in Lyon. The office will be able to respond to the needs of a solid base of companies and broking houses in France’s Southeast region.

Collaborating closely with underwriters from the property, casualty, professional and specialty lines working out of Paris, the office will serve middle market companies with an annual turnover ranging from $30 M to $300 million EUR and contribute to serving large corporations with a turnover above $300 million EUR.

The Southeast has historically been one of France’s most dynamic regions, with a higher economic rate than France’s average. Lyon is the second biggest insurance market in France.

Source: XL Group plc