XL Capital net income grew 16 percent in the first quarter ofthis year compared with the same 2006 period, the Bermuda-basedcarrier reported.
The insurer's quarterly net income was $549.7 million, or $3.06per share, compared with $485.5 million, or $2.56 per share for thesame year-ago period.
Underwriting profit for the quarter rose to $107.3 millioncompared with $64.7 million as losses from Windstorm Kyrill provedless than expected.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
