US tax reform will not change competition: McGavick

XL Group CEO Mike McGavick has dismissed claims that potential
US tax reform under President Donald Trump would result in
"huge competitive disruption".
On a conference call following the publication of the firm's
Q4 results yesterday, McGavick said that while XL was
"absolutely for" lowering tax rates in the US, the idea
that new tax reform would vastly change the competitive landscape
was "nonsense".
"Running these companies isn't just about tax," he
said. "Sure, we're thoughtful about it. We