| Business Summary | | XL
Capital
Limited
provides
insurance
and
reinsurance
coverages,
and
financial
products
and
services
to
industrial,
commercial,
and
professional
service
firms,
insurance
companies
and
other
enterprises
on
a
worldwide
basis.
The
Company
is
organized
into
three
underwriting
segments:
insurance,
reinsurance,
and
financial
products
and
services.
The
Company
also
has
a
corporate
segment,
which
includes
the
investment
operations
of
the
Company.
The
Company's
Lloyd's
syndicates,
which
are
operated
by
XL
Brockbank
and
Denham,
are
included
in
the
insurance
segment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | XL
operates
in
three
underwriting
segments:
insurance,
reinsurance
and
financial
products
and
services.
XL
also
has
a
corporate
segment
for
investments.
For
the
six
months
ended
6/30/01,
total
revenues
increased
12%
to
$1.56
billion.
Net
income
decreased
5%
to
$347.5
million.
Revenues
reflect
higher
net
premiums
earned
due
to
increased
syndicate
capacity.
Net
income
was
offset
by
higher
loss
expenses
and
an
increase
in
acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | | Michael
P. Esposito
Jr.,
Chmn. Brain
O'Hara,
Pres./CEO Jerry
M. de
St. Paer,
Exec. VP/CFO. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|