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XL Group Ltd (XL.N)

XL.N on New York Stock Exchange

56.15USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

XL Catlin Announced Launch Of Specialty Aviation Insurance In Mexico
Thursday, 21 Jun 2018 

June 21 (Reuters) - XL Group Ltd ::XL CATLIN - ANNOUNCED LAUNCH OF SPECIALTY AVIATION INSURANCE IN MEXICO.  Full Article

Xl Group Says Total Aggregate Net Loss Estimates Related To Q4 Catastrophes Are $315 Mln
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Xl Group Ltd ::XL GROUP ANNOUNCES PRELIMINARY NATURAL CATASTROPHE LOSS ESTIMATES OF $45 MILLION RELATED TO THE SOUTHERN CALIFORNIA WILDFIRES AND $20 MILLION RELATED TO OTHER EVENTS.XL GROUP LTD - TOTAL AGGREGATE NET LOSS ESTIMATES RELATED TO Q4 2017 CATASTROPHES ARE $315 MILLION.XL GROUP LTD - ALSO REAFFIRMED ITS PREVIOUSLY DISCLOSED AGGREGATE NET LOSSES RELATED TO Q3 2017 CATASTROPHES.XL GROUP - ESTIMATES PRELIMINARY NATURAL CATASTROPHE NET LOSSES OF ABOUT $45 MILLION RELATED TO WILDFIRES IN SOUTHERN CALIFORNIA, $20 MILLION TO OTHER EVENTS.XL GROUP - EXPECTS TO RECOGNIZE ONE-TIME TAX CHARGE OF ESTIMATED AMOUNT OF ABOUT $98 MILLION IN Q4 2017 RELATED TO REVALUATION OF NET DEFERRED TAX ASSET.  Full Article

XL Group reports Q3 loss per share $4.06
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - XL Group Ltd :XL Group Ltd announces third quarter 2017 results.Q3 operating loss per share $4.00.Q3 loss per share $4.06.Q3 earnings per share view $-3.91 -- Thomson Reuters I/B/E/S.XL Group Ltd qtrly ‍ p&c combined ratio of 146.9 pct compared to 93.1 pct​.XL Group Ltd - ‍p&c loss ratio excluding prior year development and natural catastrophe losses of 59.5 pct for both current quarter and prior year quarter​.XL Group Ltd - ‍fully diluted book value per share of $38.27 at Sept. 30, 2017 versus fully diluted book value per share of $42.15 at June 30, 2017.XL Group Ltd qtrly ‍net premiums earned $2.62 billion versus $2.43 billion​.XL Group Ltd - ‍financial impact of natural catastrophes​ in Q3 was significant to financial results in quarter.XL Group Ltd - ‍ p&c combined ratio of 89.8 pct excluding prior year development and natural catastrophe losses for quarter compared to 91.3 pct​.  Full Article

XL Group ‍says preliminary estimate of losses relating to hurricanes about $1.33 bln
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Xl Group Ltd :Xl group announces preliminary loss estimates related to third quarter 2017 natural catastrophes.Xl group ltd - ‍preliminary estimate of net losses of approximately $1.33 billion relating to hurricanes harvey, irma and maria​.Xl group ltd - ‍for q3 of 2017, total catastrophe losses including smaller loss events are preliminarily estimated at approximately $1.48 billion​.Xl group ltd - ‍on an after-tax basis, preliminary estimate of total catastrophe net losses for quarter is approximately $1.35 billion​.  Full Article

XL Catlin says Jonathan Gale appointed chief executive Bermuda Reinsurance and Rob Littlemore promoted to chief executive London Reinsurance
Friday, 9 Dec 2016 

XL Group Ltd :XL Catlin says Jonathan Gale appointed chief executive Bermuda Reinsurance and Rob Littlemore promoted to chief executive London Reinsurance.  Full Article

Xl Group says qtrly net premiums earned $2.53 bln
Wednesday, 27 Jul 2016 

Xl Group Ltd : Xl group ltd says p&c combined ratio of 96.0% for quarter compared to 89.9% in prior year quarter . Qtrly net premiums earned $2.53 billion versus $2.08 billion . Xl group ltd.announces second quarter 2016 results.  Full Article

XL Group estimates Q2 preliminary net loss of $240 mln relating to natural catastrophes
Wednesday, 13 Jul 2016 

Xl Group Plc : Xl group plc announces its second quarter 2016 preliminary loss estimate for natural catastrophes . Preliminary net loss estimate in q2 of 2016 of approximately $240 million . Xl group plc says preliminary net loss estimate in q2 of 2016 of approximately $240 million relating to natural catastrophes . Preliminary estimate is pretax,net of reinsurance,reinstatement premiums; split about $100 million in insurance segment, $140 million in reinsurance segment . Losses contributing to estimate include wildfires in canada, flooding in europe, earthquakes in japan and ecuador,hailstorms in united states . Natural catastrophe events are estimated to result in losses to (re)insurance industry in excess of $16 billion in q2 of 2016 .Wildfires in and around fort mcmurray, alberta canada, accounts for approximately $120 million of company's q2 preliminary loss estimate.  Full Article

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AXA secures financing for acquisition of XL Group

PARIS AXA said on Monday it had secured financing for the 12.4 billion euros ($14.9 billion) acquisition of XL Group and was not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA Equitable.