XL Invests $73 M In Primus Guaranty, Ltd.

NU Online News Service, March 20, 4:24 p.m. EST?XL Capital Ltd in Hamilton, Bermuda announced today that it made a $72.75 million investment in Primus Guaranty, Ltd., a newly formed company specializing in providing credit risk protection.

XL, which said that it made the investment last week, also said that Primus provides credit risk protection for individual corporations, sovereigns and financial institutions.

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