XL Capital Changes Financial Reporting Format

XL Capital Ltd (NYSE: XL) has announced changes and enhancements to the financial reporting presentation of its Financial Products and Services ("FP&S") segment. The purpose of these changes is to provide a clearer, more comprehensive presentation of the results of operations of the FP&S segment and to comply with segment reporting requirements following the appointment of Paul S. Giordano as Chief Executive Officer of FP&S operations in November. The changes made involve the realignment of FP&S' Life and Annuity operations, together with the consolidation of both XL Financial Solut...