XL Capital Reports WTC Reserve Loss

NU Online News Service, July 31, 2:47 p.m. EST?Bermuda-based insurer XL Capital Ltd. reported a net loss of $91.7 million for the second quarter, compared to net income of $128.6 million for the same period last year.

The loss translates into 68 cents per share compared to net income of $1.01 per share for second quarter 2001.

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