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XL Gets Reinsurance Backing From Berkshire For D&O Policies

Hartford, Conn. based, XL Capital Ltd., announced that it has signed agreements for a Berkshire Hathaway subsidiary to provide backing for its directors and officers liability policies.

By staff Writer | Updated on June 08, 2009

NU Online News Service, June 9, 2:23 p.m. EDT

XL Capital Ltd., announced that it has signed agreements for a Berkshire Hathaway subsidiary to provide backing for its directors and officers liability policies.

Hartford, Conn.- based, XL said its XL Insurance will have Berkshire’s National Indemnity issue endorsements to “Side A” D&O policies, which provide directors and officers with personal asset protection in situations when other sources of insurance or indemnification are unavailable.

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