XL Capital Ltd (NYSE: XL) reported net income for the quarter ended March 31, 2005, of $442.9 million, or $3.18 per ordinary share, compared with net income of $452.2 million, or $3.25 per ordinary share for the quarter a year ago.ended March 31, 2004. Net income excluding net realized gains and losses(1) for the first quarter of 2005 was a record at $346.5 million, or $2.49 per ordinary share, compared with $332.5 million, or $2.39 per ordinary share, for the year ago quarter.
Commenting on XL's first quarter 2005 results, President and Chief
Executive Officer Brian M. O'Hara said: "I am p...
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