Hashtag: #XLCapital

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd announced that its Board of Directors declared a quarterly dividend on February 15, 2018 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on April 2, 2018 to common shareholders of record as of March 15, 2018. Related StoriesXL To Delist Outstanding Debt Securities XL Results... Read more of this article

XL Results Impacted By Natural Catastrophes

XL Results Impacted By Natural Catastrophes

XL Group Ltd reported its fourth quarter and full year 2017 results, with net income attributable to common shareholders of $28.8 million, or $0.11 per fully diluted share, for the quarter, and net loss attributable to common shareholders of $560.4 million, or $2.16 per fully diluted share, for the full year. The company noted a “non-recurring... Read more of this article

XL Estimate Wildfires Catastrophe Loss Of $45M

XL Estimate Wildfires Catastrophe Loss Of $45M

XL Group Ltd announced preliminary estimates of natural catastrophe net losses of approximately $45 million related to the recent wildfires in Southern California and $20 million related to other events. The estimated losses are approximately evenly split between the Company’s Insurance and Reinsurance segments. “Total aggregate net loss estimates... Read more of this article

XL: Rosengarten Retires & Norton Appointed

XL: Rosengarten Retires & Norton Appointed

XL Group Ltd announced that Jacob Rosengarten, Group Chief Enterprise Risk Officer, retired effective December 31, 2017. Fielding Norton, who previously held the position of Deputy Chief Enterprise Risk Officer, has been appointed as his successor, subject to Bermuda immigration approval. Prior to joining XL in 2010, Mr. Norton was Chief Risk Officer... Read more of this article

XL Estimate Q4 Catastrophe Loss Of $250M

XL Estimate Q4 Catastrophe Loss Of $250M

XL Group Ltd announced its preliminary estimate of natural catastrophe net losses of approximately $250 million for the fourth quarter through December 1, 2017. The primary driver of this estimate is the impact of the October 2017 wildfires in Northern California of approximately $200 million primarily from the Company’s Reinsurance segment, and... Read more of this article

James Nevels Joins XL’s Board Of Directors

James Nevels Joins XL’s Board Of Directors

XL Group Ltd announced that James E. Nevels has joined the Company’s Board of Directors. Mr. Nevels has extensive financial services and board experience, including as Chairman of The Swarthmore Group, an investment advisor firm he founded in 1991, and as Chairman [2009-2015] and Lead Independent Director [2015-2017] of The Hershey Company. He also... Read more of this article

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd announced that its Board of Directors declared a quarterly dividend on October 26, 2017 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on January 2, 2018 to common shareholders of record as of December 15, 2017. Related StoriesXL To Delist Outstanding Debt Securities XL Results... Read more of this article

XL To Move XLICSE From UK To Ireland

XL To Move XLICSE From UK To Ireland

XL Group announced its plans to move its principal European Union [EU] insurance company, XL Insurance Company SE [XLICSE], from the UK to Ireland in 2018, with the company saying the move is “in response to Brexit.” The announcement comes following a meeting between An Taoiseach, Leo Varadkar and XL Group’s Chief Executive Officer, Mike... Read more of this article

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd announced that the Board of Directors of the Company declared a quarterly dividend on August 2, 2017 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on October 2, 2017 to common shareholders of record as of September 15, 2017. Related StoriesXL To Delist Outstanding Debt Securities XL... Read more of this article

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd announced that the Board of Directors of the Company declared a quarterly dividend on August 2, 2017 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on October 2, 2017 to common shareholders of record as of September 15, 2017. Related StoriesXL To Delist Outstanding Debt Securities XL... Read more of this article

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd  announced that the Board of Directors of the Company declared a quarterly dividend on May 18, 2017 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on June 30, 2017 to common shareholders of record as of June 15, 2017. Related StoriesXL To Delist Outstanding Debt Securities XL... Read more of this article

XL Group Announce First Quarter 2017 Results

XL Group Announce First Quarter 2017 Results

XL Group announced their 2017 first quarter results, with net income attributable to common shareholders of $152.8 million, or $0.57 per share, compared to $21.9 million, or $0.07 per share, in the prior year quarter. Commenting on the Company’s performance, Chief Executive Officer Mike McGavick said: “We are pleased to start off 2017 with solid... Read more of this article

XL Group Ltd 2016 Letter To Shareholders

XL Group Ltd 2016 Letter To Shareholders

“We now see exactly the company we’re trying to build creating the difference that it can in the marketplace. We believe we can now drive that result to the bottom line and therefore into rewards for our shareholders,” XL Group Ltd CEO Mike McGavick says in the Company’s 2016 Letter to Shareholders, which is available here. The digital document... Read more of this article