Mr. Comey was formerly Executive Vice President at the corporate headquarters of the ITT Corporation where he was responsible for directing the operations of several ITT business units, including ITT Hartford and ITT Financial Corporation. Before that, Mr. Comey, a graduate of the University of Connecticut, was President and Chief Operating Officer of ITT Hartford Fire Insurance Company. He joined ITT as an actuarial trainee in 1965 after serving in the United States Army.
Michael P. Esposito, Jr., Chairman of the XL Board, said: "We welcome the addition of Dale Comey to our Board. I believe we will benefit greatly from his experience as we continue to build value for XL's shareholders."
Brian M. O'Hara, XL President and Chief Executive Officer, said: "Dale Comey is joining us at a time when the insurance industry is facing some serious challenges. His insight and professional expertise will be invaluable to us and I look forward to working with him."