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Form 8-K XL GROUP LTD For: Oct 07

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October 7, 2016 9:31 AM EDT



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
October 7, 2016
XL GROUP LTD
(Exact name of registrant as specified in its charter)

Bermuda
 
1-10804
 
98-1304974
(State or other jurisdiction of
incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

O'Hara House, One Bermudiana Road, Hamilton, Bermuda
 
HM 08
(Address of principal executive offices)
 
(Zip Code)
Registrant's telephone number, including area code:  (441) 292-8515
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01.    Other Events.

XL Group Ltd (the "Company") issued a press release on October 7, 2016 announcing that its third quarter 2016 results will be released on October 26, 2016, as well as its preliminary results from investment and operating affiliates. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.
(d)    Exhibits. The following are filed herewith:
Exhibit No.
 
Description
99.1
 
Press Release ("XL Group Ltd Announces Third Quarter 2016 Results to be Released on Wednesday, October 26, 2016"), dated October 7, 2016.
 






SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




 
XL Group Ltd
 Date: October 7, 2016
By:
/s/ Kirstin Gould
 
 

Name:   Kirstin Gould
Title:     General Counsel and Secretary





Exhibit 99.1
xlgrouplogoa03.jpg
Press Release
 
O'Hara House
 
One Bermudiana Road
 
 
Hamilton HM 08
 
 
Bermuda
 
 
Phone +1 441 292 8515
 
 
Fax +1 441 294 7307 
 
 
www.xlgroup.com
Contact: 
David Radulski    
Carol Parker-Trott
 
Investor Relations
Media Relations
 
(203) 964-3470
(441) 294-7290

XL Group Ltd Announces Third Quarter 2016 Results to be Released
on Wednesday, October 26, 2016

Also Announces Preliminary Results from Investment and Operating Affiliates

Hamilton, Bermuda - October 7, 2016 - XL Group Ltd (“XL” or the “Company”) (NYSE: XL) announced today that it intends to release its Third Quarter 2016 results after the close of regular stock market trading hours on Wednesday, October 26, 2016. A conference call to discuss the Company’s results will be held at 5:00 p.m. Eastern Time on October 26, 2016.

The Company also noted today that, based on preliminary results reported to XL from the underlying investments for the three months ended September 30, 2016, equity in net income from investment and operating affiliates is estimated to be approximately $24 million. For purposes of XL's quarterly and annual reports, the Company generally records its results from hedge fund affiliates on a one-month lag and its results from private investment fund affiliates and operating affiliates on a three-month lag.

The Company’s conference call can be accessed through a listen-only dial-in number or through a live webcast. To listen to the conference call, please dial (210) 795-0624 or (866) 617-1526: Passcode: “XL GLOBAL”. The webcast will be available at www.xlgroup.com and will be archived on the website from approximately 9:00 p.m. Eastern Time on October 26, 2016, until approximately midnight Eastern Time on November 26, 2016. A telephone replay of the conference call will also be available beginning at approximately 9:00 p.m. Eastern Time on October 26, 2016, until approximately midnight Eastern Time on November 26, 2016, by dialing (203) 369-1085 or (866) 442-2153. The following passcode will be required: 9251.

About XL Group Ltd

XL Group Ltd (NYSE: XL), through its subsidiaries and under the XL Catlin brand, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit www.xlgroup.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 ("PSLRA") provides a "safe harbor" for forward-looking statements. Statements that include the words “expect,” "estimate," "intend," "plan," "believe," "project," "anticipate," "may," "could," or "would" and similar statements of a future or forward-looking nature identify forward-looking statements for purposes of the PSLRA or otherwise. This press contains forward-looking statements that reflect our current views with respect to performance of our investment and operating affiliates.  Due to the preliminary nature of results reported to XL to date, our estimates our subject to change.

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