XL Records A High Income In Second Quarter
NU Online News Service, July 29, 3:46 p.m. EDT?Management at Bermuda-based XL Capital Ltd. said for insurance products for a highly rated company such as XL, the prices are not softening and they are recording record income levels.[@@]
The company released a second-quarter statement yesterday showing its net income had increased 5 percent to $363.6 million or, or $2.62 per share, compared with $347.7 million, or $2.51 per ordinary share, for the period last year.
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