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Xl Capital News

News on Xl Capital continually updated from thousands of sources around the net.

Sunday Jul 6 | Business Insurance

Rating agencies eye XL's exposure to SCA

HAMILTON, Bermuda-Credit market turmoil last week brought more headaches for XL Capital Ltd., as concerns about potential losses from former financial guarantee operations led Fitch Ratings and Standard & ...

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Related Topix: Financial Services, Investment Services, Insurance, Mortgage, Personal Finance

Thu Jul 03, 2008

Salon.com

Correction: Executive Compensation story

In a June 15 story about executive compensation, The Associated Press erroneously reported that Brian O'Hara planned to retire as chief executive from insurer XL Capital later this year.

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Related Topix: Insurance

Mon Jun 30, 2008

Fox News

Fitch May Downgrade XL Capital Ratings

Close your eyes and imagine it's 1975. Inflation is high, jobs are scarce and the government decides the best way to stimulate the economy is to raise taxes.

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Related Topix: Insurance, Business News

Wed Jun 25, 2008

Insurance Journal West

XL to Aid China Quake Relief

Bermuda's XL Capital Ltd. announced that it will be contributing to the disaster relief effort for those affected by the recent earthquake in Sichuan Province in China.

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Related Topix: Insurance

Tue Jun 24, 2008

Fox News

Moody's Cuts XL Capital's Outlook To Negative

As the clichA© goes, there are only two certainties in life: death and taxes.

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Related Topix: Insurance, Warren Buffett

Mon Jun 23, 2008

The Bond Buyer

Moody's Drops FGIC, XL Capital to Junk

Moody's Investors Service stripped Financial Guaranty Insurance Co. and XL Capital Assurance Inc.

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Related Topix: Insurance

Sat Jun 21, 2008

Business Insurance

Crop insurers face large flood claims

A group of insurers who cover farmers in the event of catastrophe-driven losses are facing their worst claims in 15 years due to flooding in the Midwest, said a Lehman Brothers analyst, who cut second-quarter ...

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Related Topix: Investment Banking, Financial Services, Insurance, RenaissanceRe Holdings, Lehman Brothers Holdings, Investment Services, PartnerRe

Thu Jun 19, 2008

Insurance Journal West

XL Insurance Adds New Green Building Product

XL Insurance , the global insurance operations of XL Capital Ltd , launched a new green building product to encourage customers who experience a property loss to rebuild using resource efficient, ...

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Related Topix: Insurance

Sun Jun 15, 2008

InvestmentNews

Merrill prevails in $3.1B bond fight

In a one-page order issued Tuesday, U.S. District Judge Jed Rakoff ruled that XL Capital Assurance Inc.

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Related Topix: Insurance

Fri Jun 13, 2008

Insurance Journal West

XL Re Admitted in Brazil

XL Re, the global reinsurance operations of Bermuda-based XL Capital Ltd., has received regulatory approval to serve the Brazilian reinsurance market as an admitted reinsurer.

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Related Topix: South America, Brazil, World News, Insurance

Wed Jun 11, 2008

Insurance Journal West

Industry Foundation Forms Western Division, Honors XL's O'Hara

The Insurance Industry Charitable Foundation announced the expansion of its California region to a Western United States Division.

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Related Topix: San Francisco Metro, Insurance

Thu May 29, 2008

Globeinvestor.com

Ceres Capital bankruptcy plan approved by judge

A U.S. judge has approved a bankruptcy plan for Ceres Capital Partners LLC, allowing the former specialist in structured investment vehicles to sell assets after being squeezed by tight credit markets.

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Related Topix: Insurance

Tue May 20, 2008

CSRwire.com

XL Capital Ltd Announces Plans for Global Day of Giving on Wednesday, May 21, 2008

“Company") announced today that it will be holding its third employee volunteer day -- known as the "Global Day of Giving”

HAMILTON,BERMUNDA, May 19 /PRNewswire-FirstCall/ -- XL Capital Ltd announced today that it will be holding its third employee volunteer day -- known as the "Global Day of Giving" -- on Wednesday, May 21. via CSRwire.com

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Related Topix: Insurance

Fri May 09, 2008

SNL Financial

SCA pondering capital raise

“We continue to explore with [ XL Capital Ltd ], our 46% shareholder, ways to settle for fair value certain of the obligations and contingent obligations they have to us”

Security Capital Assurance Ltd is in discussions with potential investors about a possible capital raise, as the company continues efforts to restructure its business, get back its AA ratings and start writing ... via SNL Financial

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Related Topix: Mortgage, Personal Finance, Environmental, Insurance

Mon May 05, 2008

Insurance Journal West

Bermuda Q1 Earnings Recap: ACE, XL, Validus, RenRe, Endurance, Aspen, Montpelier Re

“The relatively low level of insured catastrophe losses offset a $53.7 million decrease in net premiums earned which was driven by lower gross premiums written and the impact of higher ceded premiums written.”

A number of Bermuda-based companies announced their first quarter results last week, which were generally lower than the same period of 2007. via Insurance Journal West

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Related Topix: Switzerland, World News, ACE, Insurance

Sat May 03, 2008

Business Insurance

Arch Europe appoints new CEO

Arch Insurance Co. Ltd. has appointed James Weatherstone as president and chief executive officer. via Business Insurance

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Related Topix: Insurance

Mon Apr 28, 2008

Business Insurance

N.Y.'s Dinallo says talking to SCA about capital

New York State Insurance Superintendent Eric Dinallo is talking to Security Capital Assurance Ltd. via Business Insurance

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Related Topix: Home, Mortgage, Personal Finance, Environmental, Insurance

Sat Apr 26, 2008

Seeking Alpha

XL Capital Ltd. Q1 2008 Earnings Call Transcript

Brian O'Hara - Acting Chairman, President and CEO Henry C.V. Keeling - EVP and COO Brian Nocco - EVP and CFO Sarah E. Street - EVP and Chief Investment Officer Michael S. McGavick - CEO-Designate David Radulski ... via Seeking Alpha

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Related Topix: Insurance

Thu Apr 24, 2008

Earth Times

XL Capital Reports First Quarter 2008 Net Income Available to...

First Quarter Highlights -- "Net income excluding net realized gains and losses" was $276.9 million, or $1.57 per ordinary share -- Combined ratio from P&C operations was 93.6% for the quarter -- Return on ... via Earth Times

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Related Topix: Insurance

Tue Apr 22, 2008

Insurance Journal West

XL Earnings, Conf. Call

XL Capital Ltd. plans to release its first quarter 2008 financial results after the close of regular stock market trading hours on April 22. via Insurance Journal West

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Related Topix: Insurance

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