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O'Gwen will continue to be based in New York and report to Dermot O'Donohoe, the chief underwriting officer for global specialty at XL Insurance. Eric Donofrio will take over as regional manager of XL Insurance's US Aviation team.
XL Insurance's global Aerospace operations provide a range of coverage for international and regional airlines, products manufacturers, as well as for aviation service providers around the world. They also provide coverage for satellites, launch vehicles, and general aviation. The global aerospace team has underwriters in New York, London, Toronto and Munich.
Bermuda-based XL Capital is a provider of global insurance and reinsurance coverages and services to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis.
China In-Focus: JA Solar To Team With BP On Photovoltaic Products
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) (Current Market Cap: US$320.65 Mil.) and BP p.l.c.'s (NYSE: BP) (Current Market Cap: US$130.79 Bil.) BP Alternative Energy Holdings Ltd. unit plan to jointly develop and market part of their solar photovoltaic product portfolio over the next five years.
A definitive commercial agreement is scheduled to be entered into before year end, according to JA.
Under the deal JA Solar would contribute its cost-efficient manufacturing and rapid execution capabilities, plus its access to third party silicon or wafers, while BP is expected to bring its access to its own silicon or wafer supply, provide access to its global customer portfolio, and leverage its brand and sales and marketing capabilities in key markets.
Hebei, China-based JA Solar Holdings is a manufacturer of monocrystalline solar cells. The company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.
BP Solar designs, manufactures and markets products which use the sun's energy to generate electricity for a range of applications in the residential, commercial and industrial sectors. BP Solar has manufacturing plants in India, Spain, the USA and China. The company also invests in photovoltaic research and development.
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