Xl Capital News

XL Insurance, the global insurance operation of XL Capital Ltd., is starting an inland marine operation and has appointed former Catlin U.S. executive Frank Oleskiewicz to develop it.

XL Insurance, the global insurance operations of XL Capital, announced "the strengthening of its equine capabilities" with the acquisition of an underwriting and claims team from London-based Unicorn Underwriting Limited, a subsidiary of THB Group plc.

XL Capital Ltd. announced that it has received approval from the China Insurance Regulatory Commission to start preparation work to set up a P/C company in the country.

XL Capital Ltd. has received regulatory approval to set up a subsidiary in China, enabling it to move forward with its plans to gain a greater foothold in the market, the Bermuda-based insurer said Wednesday.

MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third quarter loss after two straight quarters of profits.

International insurer XL Capital Ltd. on Wednesday reported a much smaller third-quarter loss compared with a year-ago period in which it booked hefty charges linked to a former bond insurance unit.

MetLife Inc. reports quarterly results after the market closes Thursday, and investors will be anxious to see whether the improvement in the financial markets during the quarter will translate to better results in the insurer's investment portfolio.

XL Capital Ltd., a large Bermuda-based insurer, on Wednesday posted a smaller third-quarter net loss compared with a year ago, when the company was hurt by its ownership of a troubled bond insurer.

Chubb Corp. , the insurer of corporate boards and high-end homes, posted its second straight profit gain after reporting fewer claims costs tied to natural disasters.

American International Group's share of the commercial insurance market hasn't dropped as much as expected since the company was bailed out last year by the government, UBS analyst Brian Meredith said Wednesday.

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GE shares surge, and call buyers look for this party to blow on through $20 per share.

XL Capital Ltd announced that the Company and its Chief Financial Officer, Brian Nocco, have agreed that he will leave XL effective after year end.

Brian Nocco, chief financial officer of XL Capital Ltd., has told the insurer that he will leave at the end of the year, XL said Monday.

A.M. Best Co. has affirmed the financial strength rating of 'A' and issuer credit ratings of "a" of the Bermuda-based XL Capital Group and its members.

Hurricane Bill strengthened into a category 4 storm, U.S. government forecasters said Wednesday.

Fitch Ratings affirms and removes from Rating Watch Negative the ratings of XL Capital Ltd and its property/casualty insurance subsidiaries, including the Issuer Default Rating for XL at 'BBB+', and the Insurer Financial Strength rating of its core operating companies at 'A'. The Rating Outlook is Negative.

Fitch Ratings affirms and removes from Rating Watch Negative the ratings of XL Capital Ltd and its property/casualty insurance subsidiaries, including the Issuer Default Rating for XL at 'BBB+', and the Insurer Financial Strength rating of its core operating companies at 'A'. The Rating Outlook is Negative.

Bermuda-based XL Capital Ltd. announced that its book value rose in the second quarter, lifting its stock as much as 3 percent, as unrealized losses on some assets narrowed.

XL Capital Ltd. reported a 66% drop in second-quarter profit late Tuesday as the Bermuda-based reinsurer suffered currency losses.