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XL Catlin benefits from bigger, diverse portfolio: CEO

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Mike McGavick, chief executive of XL Catlin, has said that the insurer benefited from its bigger and more diverse portfolio as the insurance industry faced pricing headwinds and a number of natural catastrophes in 2016, The Royal Gazette reported. Even though market challenges and pricing headwinds are expected to continue, "2017 is all about delivering fully on what we have built," Mr. McGavick said.

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