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

Hanson, Matthew
August 2006
Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p5
Trade Publication
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.


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