Briefly. . .

XL Group hiked CEO Mike McGavick 's compensation by more than $1 million for a second straight year, with the reinsurance underwriter among the larger operations in Stamford where McGavick leads its executive team. McGavick, who purchased a $3.9 million home last year in New Canaan just across the Stamford border, received $11.7 million in compensation in 2014, including the estimated value of equity-based compensation that vests in future years.

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