XL chief eyes gains from head start in reinsurer mergers
May 20, 2015 at 11:04 AM EDT
FRANKFURT, May 20 (Reuters) - Reinsurer XL Group Plc's rapid $4 billion takeover of Lloyds of London underwriter Catlin Group will give it an advantage over rivals in an expected wave of reinsurance sector mergers, XL's chief executive said on Wednesday.