Insurer XL Capital Ltd., which has operations in Hartford, said Chief Financial Officer Brian Nocco will leave the company at year end.
Hamilton, Bermuda-based XL said the parties mutually agreed to Nocco’s departure.
Mr. Nocco, who has served as XL’s CFO since July 2007, has agreed to stay on board until Dec. 31 to ensure a smooth transition. The company said it has initiated a search for a successor.
“We thank Brian for his many contributions at XL during the last two years,” said XL President and CEO Mike McGavick said. “In particular, Brian helped XL navigate through the extraordinary challenges that XL has faced over the past year. We wish Brian well in his new endeavors.”
XL Capital, through its operating subsidiaries, is a leading provider of global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis.
