Xl Capital News

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.

XL Capital Ltd announced today that its Board of Directors declared a quarterly dividend on July 24, 2009 of $0.10 per Ordinary Share payable on the Company's Ordinary Shares.

SCOR Global Life US , a wholly-owned subsidiary of France's SCOR Group, has reached a definitive agreement to acquire XL Re Life America Inc.

The likes of XL Capital Ltd , Swiss Reinsurance Co. Ltd. and especially have been in trouble during the financial crisis, but Lloyd's finds itself with strong capital levels and excellent credit ratings.

American International Group Inc. and insurers at Lloyda s of London are among firms that may face a combined total of more than $100 million in claims tied to the Washington Metro crash that killed nine people last month.