XL Group (XL) Tops Q2 EPS by 23c

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XL Group Ltd* Announces Second Quarter 2016 Results

July 27, 2016 4:05 PM EDT

HAMILTON, Bermuda, July 27, 2016 /PRNewswire/ -- 

Net income attributable to ordinary shareholders, and net income attributable to ordinary shareholders excluding the contribution from the GreyCastle Life Retro Arrangements,1 of $43.8 million and $156.0 million, respectively, for the quarter Operating net income2 of $106.4 million, or $0.37 per share, for the quarter on a fully diluted basis P&C combined ratio of 96.0% for the quarter compared to 89.9% in the prior year quarter Natural catastrophe pre-tax losses net of reinsurance and reinstatement premiums in the quarter of $240.1 million (9.8 points to the loss... More