TITLE

XL Capital's Second-Quarter Earnings Up 165% From 2005

AUTHOR(S)
Hanson, Matthew
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of XL Capital Ltd., parent company of XL Capital Assurance Inc. in the U.S. The firm posted a net income of $387.2 million during the second quarter of 2006, up by over 165 percent over the same quarter in 2005. This increase is attributed to the one-time expenses in the re-insurance division of the company last year and surged in income from investments. Moreover, the firm wrote 3 percent less in gross premiums.
ACCESSION #
22056342

 

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