XL launches life science insurance solutions

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XL Group has launched a new range of insurance solutions for the life science industry.

XL developed the products in response to the need of the life science industry including general liability, product liability, clinical trial liability (domestic and foreign), environmental liability and property coverage. These are offered as stand-alone or as part of a package and initially available primarily to buyers in Europe.

Thomas Stamm, chief underwriting officer primary and casualty, international P&C, explained: "Life science companies today operate in increasingly complex and

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