XL Completes GAPS Buy

Bermuda-based XL Insurance, the global insurance operation of XL Capital Ltd., announced that it has completed the purchase of Global Asset Protection Services LLC (GAPS) from Swiss Re (See IJ web site Nov. 20 – https://www.insurancejournal.com/news/international/2007/11/20/85178.htm)

GAPS is a provider of unbundled loss prevention consulting services, offering individually tailored risk management solutions to risk managers, insurance brokers and insurance company clients operating on a global basis. The acquisition was first announced on Friday, November 16, 2007.

Source: XL Insurance – www.xlinsurance.com.