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XL Group Ltd (XL.N)

XL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Xl Group reports Q1 operating earnings per share $0.50
Wednesday, 26 Apr 2017 04:05pm EDT 

April 26 (Reuters) - Xl Group Ltd :Xl group ltd - p&c combined ratio of 94.3% for quarter compared to 92.5% in prior year quarter.Xl group ltd* announces first quarter 2017 results.Q1 earnings per share $0.57.Q1 operating earnings per share $0.50.Xl group ltd - natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums in quarter of $96.1 million versus $52.8 million in prior year quarter.Xl group ltd - qtrly net premiums earned $2.51 billion versus $2.35 billion.Xl group ltd - net investment income for quarter was $200.5 million, compared to $205.9 million in prior year quarter.Q1 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.  Full Article

XL Group announces retirement of Stephen Catlin as executive deputy chairman
Tuesday, 4 Apr 2017 04:15pm EDT 

XL Group Ltd - : Announces retirement of Stephen Catlin as executive deputy chairman . Catlin will remain company's executive deputy chairman until May 15, 2017 .Following May 15, 2017 Catlin will act as a special advisor to XL's chief executive officer, Mike Mcgavick.  Full Article

XL Group Ltd announces retirement of Peter Porrino as CFO
Wednesday, 22 Feb 2017 04:15pm EST 

XL Group Ltd : XL Group Ltd announces retirement of Peter Porrino as Chief Financial Officer; Stephen Robb, group controller, appointed as successor .XL Group Ltd says Porrino will continue with company on a part-time basis, working as an advisor to Chief Executive Officer Mike Mcgavick.  Full Article

XL Group Ltd announces $1 bln share buyback program, increases quarterly dividend
Friday, 17 Feb 2017 06:55am EST 

XL Group Ltd :XL Group Ltd announces $1 billion share buyback program and increase in quarterly dividend from $0.20 per common share to $0.22 per common share; also announces preference ordinary share dividends.  Full Article

Xl Group announces Q4 and full year 2016 results
Wednesday, 1 Feb 2017 04:05pm EST 

XL Group Ltd - : P&C combined ratio of 94.8% for quarter compared to 92.3% in prior year quarter . Announces fourth quarter and full year 2016 results . Q4 operating earnings per share $0.47 . Q4 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Qtrly natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums in quarter of $246.1 million compared to $107.8 million .Qtrly net premiums earned $2.46 billion versus $2.39 billion.  Full Article

Xl Group sees Q4 loss of about $245 mln
Monday, 9 Jan 2017 04:21pm EST 

Xl Group Ltd : Xl Group announces its fourth quarter 2016 preliminary loss estimate for natural catastrophes . Xl Group - preliminary net loss estimate in q4 of 2016 of approximately $245 million relating to natural catastrophes . Xl Group - losses contributing to estimate include about $130 million in net losses from Hurricane Matthew split about evenly between insurance, reinsurance .Xl Group - preliminary estimate is pretax and net of reinsurance and reinstatement premiums and split about $125 million in insurance segment, $120 million in reinsurance segment.  Full Article

XL Group Ltd says oper EPS $0.44
Wednesday, 26 Oct 2016 04:05pm EDT 

XL Group Ltd - : XL Group Ltd announces third quarter 2016 results . Says fully diluted tangible book value per common share of $34.22 at Sept. 30, 2016 . Says P&C combined ratio of 93.1 pct for quarter compared to 95.3 pct in prior year quarter . Q3 operating earnings per share $0.44 . Q3 earnings per share view $0.37 -- Thomson Reuters I/B/E/S . P&C combined ratio of 93.1 pct for Q3 compared to 95.3 pct in prior year quarter . Natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums in Q3 of $97.4 million compared to $30.8 million .P&C net premiums earned in Q3 of $2.4 billion were comprised of $1.65 billion from insurance segment and $778.2 million from reinsurance segment.  Full Article

Xl Group says qtrly net premiums earned $2.53 bln
Wednesday, 27 Jul 2016 04:05pm EDT 

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 04:20pm EDT 

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

Xl group says shareholders approved scheme of arrangement
Thursday, 23 Jun 2016 04:40pm EDT 

Xl Group Plc : Shareholders approved scheme of arrangement that will change place of incorporation of Ultimate Parent Holding Co to Bermuda from Ireland . Expects to complete redomestication in Q3 of this year .Does not expect redomestication to have any material impact on its financial results, including company's global effective tax rate.  Full Article

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BRIEF-Xl Group Ltd's CEO's total compensation for 2016 was $12.7 mln

* Xl Group Ltd - CEO Michael Mcgavick's total compensation for 2016 was $12.7 million versus $12.7 million in 2015