Free Trial Corporate Access
Reactions Copying and distributing are prohibited without permission of the publisher

XL "will not shy away from our 2011 results”

09 February 2012

XL Group posts net loss of $515.5m for the fourth quarter and $474.8m for the year.

Read more: xl group mike mcgavick

XL Group has posted a net loss of $515.5m for the fourth quarter, compared with net income of $188.1m in the same period in 2010.

For the full year, the firm made a net loss of $474.8m, compared with $585.5m in 2010. The firm said this was largely driven by a non-cash goodwill impairment charge of $429m in the fourth quarter, in addition to natural catastrophe losses for the quarter and full year.

The fourth...


17 Dec 2014

In this week's Reactions the Review
RSA restructures organisation
Aviation exposures to exceed $1trn by 2020
Why Tria authorisation failed in the Senate
Final stretch for India Insurance Bill

http://www.reactionsnet.com/pdf/theReview/ReactionsIssue25.3.pdf
View this issue

For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.