Workers' Compensation News
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XL Capital Announces $0.48 Dividend Payable 12/31
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11/10/2003
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State: NA | Segment: Top | 0
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XL Capital Ltd. (NYSE: XL) ("XL" or "the Company") announced that its Board of Directors Friday declared a quarterly dividend of $0.48 per share payable on the Company's Ordinary Shares. The dividend will be payable on December 31, 2003, to shareholders of record on December 8, 2003....Read More
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XL Capital Rating Affirmed, Negative Outlook, Moo
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10/22/2003
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State: NA | Segment: Top | 0
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Moody's Investors Service has confirmed the ratings of XL Capital Ltd (A1 senior unsecured debt) and supported debt-issuing affiliates, as well as the Aa2 insurance financial strength ratings of members of the XL America intercompany pool, XL Re Ltd and UK-based XL Insurance Company Limited and chan...Read More
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XL Capital Rating Remains Unaffected Per AM Best
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10/22/2003
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State: NA | Segment: Top | 0
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A.M. Best Co. has commented that the financial strength rating of A+ (Superior) of XL Capital Group (Hamilton, Bermuda) and its affiliated companies remains unaffected following the recently announced $184 million pre-tax charge to cover prior year North American casualty line reinsurance losses. Al...Read More
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XL Capital Placed On CreditWatch Negative By S&P
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10/20/2003
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State: NA | Segment: Top | 0
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On Oct. 17, 2003, Standard & Poor's Ratings Services placed its 'A+' counterparty credit, 'A+' senior unsecured debt, and 'A-' preferred stock ratings on XL Capital Ltd. and other core holding companies and its 'AA' counterparty credit and financial strength ratings on the members of XL America Pool...Read More
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XL Capital 3Q to be Lower Than Expected
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10/20/2003
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State: NA | Segment: Top | 0
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XL Capital Ltd
("XL" or the "Company") (NYSE: XL) announced Friday that third quarter results
will be lower than anticipated due to higher than expected losses in its North
American reinsurance operations primarily from new casualty claims for the
1997 to 2000 underwriting years. As a re...Read More
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XL America Announces Dennis Kane As Exec VP
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10/16/2003
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State: NA | Segment: Top | 0
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XL America, Inc., a subsidiary of XL Capital Ltd (NYSE:XL) ("XL"), announced yesterday the appointment of Dennis Kane as Executive Vice President in XL's commercial large account insurance business known as XL Insurance Global Risk ("XLIGR").
Mr. Kane will lead the U.S. expansion of XLIGR ...Read More
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XL Capital Reports Huge Gains for 2Q
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08/04/2003
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State: CA | Segment: Top | 0
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XL Capital Ltd ("XL" or the "Company") (NYSE: XL) Friday reported net income available to ordinary shareholders for the quarter ended June 30, 2003 of $347.7 million, or $2.51 per ordinary share, compared with a net loss of $91.7 million, or $0.68 per ordinary share, in the second quarter of 2002. '...Read More
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X-Mod Data of Sable Not Getting to WCIRB
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08/15/2002
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State: Natl. | Segment: Top | 0
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Experience rating modification codes, or "x-mods" as they are known to underwriters and agents, may be in jeopardy of being statistically irrelevant if the Conservation and Liquidation Office (CLO) of the State of California extends a decision concerning Sable Insurance Co. to other conserved worker...Read More
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