XL Group, the global insurer and reinsurer opened offices at Bangalore, India, where a team of 300 employees will provide underwriting support, claims administration, actuarial services, finance and accounting, according to the company Website.
Myron Hendry, executive vice president and chief platform officer at XL Group stated that this expansion “marks our ongoing commitment to hiring talent and developing expertise for our operations in India.”
XL Group’s country head for India, Derek Nazareth, said, “India plays a huge part in supporting XL Group’s global business and in delivering its growth targets. Our ambition is for our operations here to become centers of excellence for the Group.”
XL Group’s operations in India date back to 2004 when the company opened in Gurgaon, near New Delhi. Today the Group’s International Leadership Team recognizes the valuable contribution and capabilities XL Group’s operations in India is making and has made the opening of a second office a strategic priority.
Last updated: December 26th, 2025
