XL Insurance (Bermuda) Ltd. (XLIB) has promoted James Loder to the role of chief underwriting officer of its Professional Lines business, the company announced yesterday.

XLIB, a subsidiary of XL Capital Ltd., said Mr. Loder would be based in Bermuda and would oversee XLIB's second-largest portfolio of business and a team of nine people.

Mr. Loder's career in the insurance industry spans almost 25 years. He joined XLIB as vice-president of underwriting, Professional Lines, in September 1999. His role involved underwriting of Employment Practices Liability, Directors and Officers Liability and Professional Liability, with a particular emphasis on Lawyer's Errors and Omissions coverage. The role also included providing regional responsibility for underwriting matters in Professional Lines within XL Insurance's Latin America region, including the Itau-XL joint venture in Brazil.

Prior to joining XLIB, Mr. Loder spent four years with Aon Group (Bermuda) Limited as vice-president of Professional Liability. Before this he was a Professional Lines retail broker for a large independent brokerage based out of Minneapolis, Minnesota.