Log In

NEW YORK (Bloomberg) - XL Group Plc advanced the most since November in New York trading yesterday after the insurer swung to a first-quarter profit, beating analysts’ estimates. The insurer rallied 4.3 percent to $22.25 in New York Stock Exchange tr...

XL Group wrote more business and comfortably surpassed analysts’ expectations as it swung to a $176.6 million profit in the first quarter. The global business insurer’s net income broke down to 56 cents per share and compared to a net loss of $227.3 ...

Close to 150 of XL’s Bermuda-based employees chose to spend last Friday working on community projects throughout the Island. They joined thousands of XL colleagues around the world to participate in XL’s seventh annual Global Day of Giving. The emplo...

Bermuda College graduate turned top reinsurance executive, Gino Smith, has been named as XL Group’s Latin America regional chief underwriter. Called a role model for Bermuda’s youth by industry veterans, Mr Smith will be based in São Paulo, Brazil wh...

Healthcare reform, one of the hottest topics in Bermuda and this week in the US where the Supreme Court is hearing oral arguments in a case challenging the constitutionality of the Obama administration’s landmark Patient Protection and Affordable Car...

XL Group plc posted a net loss of more than half a billion dollars in what CEO Mike McGavick described as a “frustrating” fourth quarter of last year. The $515.5 million loss was driven by a non-cash goodwill impairment charge of $429 million, relati...

NEW YORK (Bloomberg) Carnival Corp.’s sunken cruise ship, the Costa Concordia, was insured by companies including Assicurazioni Generali SpA, RSA Insurance Group Plc and XL Group Plc, said three people with knowledge of the policies. The three are am...