Hamilton, Bermuda — XL Capital Ltd, a provider of global insurance and reinsurance coverage, recently announced Michael Esposito resigned from the board of after serving as its chairman. He will continue as chairman of Security Capital Assurance Ltd, XL's 46%-owned affiliate.
Esposito, who was set to retire as XL chairman at a later date, said that SCA's current need for his full attention outweighed his desire to adhere to his original retirement schedule.
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