NU Online News Service, Nov. 3, 3:02 p.m. EDT

Hamilton, Bermuda-based XL reported a 2010 third-quarter increase in net income while two other Bermuda-based insurers and reinsurers said net income was down for quarter.

XL’s net income for the quarter was $77.5 million, compared to $11.4 million in the 2009 third quarter. Property and casualty operations had a combined ratio of 94.9 compared to 93.2 a year ago.

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