Former XL Re Latin America president dies

HAMILTON, Bermuda—Keith L. Shroyer, former president and chief underwriting officer of XL Re Latin America, died Dec. 24 after a two-year battle with brain cancer, XL Capital Ltd. announced. He was 57.

Mr. Shroyer, an American who spoke Portuguese and Spanish fluently, spent his entire 30-year career in reinsurance in Latin American business. He worked at XL Re Latin America from that division's launch in 1997 until his retirement in 2003. He is credited with building a network of regional offices that boosted XL's presence in the area.

Before joining XL Re, Mr. Shroyer worked for American Re-Insurance Co. and American International Group Inc.

"Keith was admired and respected both by colleagues and clients," James Veghte, chief executive of XL Reinsurance general operations in Stamford, Conn., said in a statement. "He will be greatly missed, and we extend our condolences to his family."

Mr. Shroyer is survived by his wife and four sons.