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XL Group Ltd (XL.N)

XL.N on New York Stock Exchange

38.25USD
22 Nov 2017
Change (% chg)

$-0.05 (-0.13%)
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$38.30
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Latest Key Developments (Source: Significant Developments)

XL Group reports Q3 loss per share $4.06
Tuesday, 24 Oct 2017 04:15pm EDT 

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 04:15pm EDT 

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 Group Q2 earnings per share $1.14
Wednesday, 26 Jul 2017 04:10pm EDT 

July 26 (Reuters) - XL Group Ltd ::XL Group Ltd announces second quarter 2017 results.Q2 operating earnings per share $0.96.Q2 earnings per share $1.14.Q2 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.XL Group Ltd says Q2 P&C combined ratio of 92.3% for quarter compared to 96.0% in prior year quarter.XL Group Ltd says Q2 P&C loss ratio of 60.8% for current quarter compared to 64.6% in prior year quarter.Says net investment income for quarter was $208.7 million, compared to $215.4 million in prior year quarter.XL Group Ltd - fully diluted book value per common share of $42.15 at June 30, 2017.  Full Article

Xlit Ltd announces waiver of financing condition for its previously announced tender offers
Monday, 26 Jun 2017 04:30pm EDT 

June 26 (Reuters) - Xl Group Ltd :Xlit ltd. Announces waiver of financing condition for its previously announced tender offers; also announces amendment of price determination date for 2045 notes offer.Xl group ltd - xl-cayman also announced that it is amending price determination date with respect to 2045 notes offer.Xl group ltd - price determination date for 2045 notes offer has been changed from july 6, 2017 to june 30, 2017.Xl group ltd - wholly-owned subsidiary, xlit ltd. Is waiving financing condition with respect to its previously announced tender offers.  Full Article

XL Group announces pricing of EUR subordinated notes
Thursday, 22 Jun 2017 05:11pm EDT 

June 22 (Reuters) - XL Group Ltd -:XL Group Ltd announces pricing of eur subordinated notes.XL Group Ltd - priced a public offering of eur 500,000,000 aggregate principal amount of fixed to floating rate subordinated notes due 2047.XL Group -subordinated notes issued at 99.054% of par value, will bear interest at rate of 3.25% paid annually during initial 10 yrs fixed interest period.  Full Article

Xl Group reports tender offers for up to $550 mln
Wednesday, 7 Jun 2017 06:05pm EDT 

June 7 (Reuters) - Xl Group Ltd ::Xl Group Ltd announces tender offers for up to $550 million aggregate maximum repurchase amount of certain outstanding securities of Xlit Ltd. and Catlin Insurance Company Ltd..Xl Group- to use cash on hand,proceeds from anticipated debt financing to fund purchase price for securities validly tendered,accepted for purchase​ ​.  Full Article

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

Hedge funds bet on reinsurance recovery

LONDON Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday.