Former XL executive dies at the age of 57
Former reinsurance executive Keith L. Shroyer died on December 24 at the age of 57, after a two-year battle with brain cancer. Keith retired from the XL group of companies in 2003, as president and chief underwriting officer of XL Re Latin America.
His reinsurance career spanned almost 30 years, all of it involved with Latin America. Mr. Shroyer, an American who spoke Portuguese and Spanish fluently, joined XL at the inception of XL Re LA in September, 1997.
Previously, he had worked in the Latin American operations of American Re for 20 years, and in AIG?s Latin American operations during the mid 1970s.
While with the XL group, he created a network of regional offices, placing XL Re among the top five international reinsurers in Latin America in terms of premium volume.
?He was very knowledgeable about the region, and had a passion for the Latin culture,? said Stephen Outerbridge, current president and chief underwriting officer of XL Re Latin America. ?His reputation in the area was a great help to XL Re in establishing its credibility as a start-up operation.?
?Keith was admired and respected both by colleagues and clients,? said Jamie Veghte, chief executive of XL Reinsurance General Operations. ?He will be greatly missed, and we extend our condolences to his family.?
Mr. Shroyer was born in 1949 in Lansing, Michigan. He is survived by his wife of 25 years, Paz, and their four sons, David, Robert, Ryan and Daniel. His funeral service will be held on Saturday at Grace Point Church, Newtown, Pennsylvania.
